Right now there is more information than ever on new cars, used cars, and car dealers. That car looks nice, but does it handle well? Too many times young car buyers bite off more than they can chew when it comes to purchasing a new or used car. New cars will be more expensive than used cars so keep that in mind when setting your budget.
As a young first-time car buyer you may be surprised to know that you are probably going to pay more for you vehicle, more for financing, and more for insurance than anyone else. Without knowing what to look for and what to pay attention to, some dealerships may overcharge you simply because you are a first-time buyer and you are young. Luckily, there are ways to prepare yourself before you choose to buy.
1. Do your research ahead of time. In today’s age it has never been easier to research dealerships and vehicles. Right now there is more information than ever on new cars, used cars, and car dealers.
2. Locate a convenient dealer. Word of mouth engagement as most companies will tell you is the best form of marketing that there is. So talk to people you know and ask them about their experiences with dealerships and certain makes of cars. Chances are you’ll find out something not so good about a dealership or car that you thought you liked.
3. Identify what you want. Before you step onto a dealership lot decide what exactly it is that you want. You’ll be better prepared to strike up a dialog with salespeople at dealerships this way. Finding out what it is you want and need will also keep the process on track, meaning that the salesperson won’t try to upsell you if you’re clear and concise.
4. Always take a test drive. That car looks nice, but does it handle well? Are there any defects to it that only show when driving? These are questions that you need answers to and to get them you’ll need to take a test drive. A new car may be worse off than a used car and sometimes the only way to find out is a test drive.
5. Know what you can spend & Establish a budget. This is most important of all. Too many times young car buyers bite off more than they can chew when it comes to purchasing a new or used car. So take some time, establish a budget, and establish the most you can spend on down payment and monthly payments. New cars will be more expensive than used cars so keep that in mind when setting your budget.
By utilizing these five simple steps you will be more prepared to purchase your first car from any car dealer in your area.