Are you looking to buy a new vehicle? Make sure you know what kind of vehicle you want car, truck, SUV, etc. Make sure you know how much you are looking to spend and stick to it. Don’t go too much above dealer invoices which is the price in which the dealer paid for the vehicle. If you have bad credit it is okay to use the dealership’s financing; if you have good credit and money to put down on a down payment go ahead and shop around for a car loan at a bank or credit union.
Have you ever purchased a car only to be sorry that you did a few months later? That happened to me. I made the mistake of not taking the car to have it looked over before I purchased it. Don’t make that mistake take it to your mechanic and have him or her look it over really well. We didn’t have the car more than 3 months when we had to have the half shaft replaced, and then the wheel bearing went bad. Now the lower intake manifold gasket leaks, and the catalytic converter needs replaced. There always seems to be something going wrong with it.
Taking the vehicle for a test drive is always advisable. This helps you make sure that there is nothing wrong with the vehicle and if there is you can mention it to the dealership and they can make repairs instead of you having to pay to repair them after you’ve purchased the vehicle. Some vehicles especially purchased brand new ones will have warranties on them. This is especially helpful in case anything happens to go wrong when you first get it or if there is any bugs that the factory didn’t get worked out before releasing it for purchase to the dealership.
This is just a broad article on car buying – this doesn’t have everything you need to know, just the basics. There are resources out there for the new car buyer books, videos you can get them from your local library. Don’t forget to talk to family maybe they have car buying experience. Ask if they wouldn’t mind going with you to help you with the process of buying a car. The more experience you have on your side the better deal you might strike up with the salesperson. If you follow these tips your well on your way to understanding how to purchase you very first new vehicle (well maybe new to you).