In The Market For A Car? Here Are Some Vehicle Buying Tips!
What do you need to consider when buying a car? There are many factors you need to consider. Buying a car is a long-term commitment, so you need to make sure you know what you are getting into. Here are a few things you should contemplate before you commit to a certain vehicle.
- What type of car you do you need?
Most people have an idea of what features they are looking for in a car, but what do you really need? Do you need more seats for your whole family? Do you need more leg room? Do you need to transport large items? Do you need more storage? What are you going to do with this vehicle? If you need to use this vehicle for work, you need to consider all that work entails. If this will only be a family car then you need to make sure you have room for everyone. You may want a sports car, but can you put your 6-foot ladder you use for work in it? Be practical and make sure you know, if you need a sedan, sports car, truck, van or SUV. Pick a car that will make your life easier, not harder.
- What can you afford?
This topic is often the main issue. Do you know what you can afford? If you haven’t calculated your budget, you need to. You should do this before you get to the dealership to buy a vehicle. You need to know what kind of payments you can make on your car loan. So how much can you afford each month on a car? This is only one part of the equation. There is also the down payment. Depending on your credit you’ll need a down payment. Most people go with the 10% rule, which is giving a down payment that is 10% of the price of the vehicle. This isn’t a golden rule, but it is the percentage that is used most often. However, depending on your credit score, you may have to put more down. You can also use your old vehicle for the down payment, if you have one to trade in. We’ll go more into detail about that in a moment.
- The cost of insurance.
When calculating how much you can afford for a monthly payment on a car, you need to add in insurance. Now, even though you own a sedan and your insurance is $100 a month, your insurance could go up or down depending on what vehicle you buy. What you can do if want to know how much your insurance company will charge for insuring a certain vehicle, just call them and ask. They can give you a quote for a how much your insurance premium will change. It’s that easy.
- Should you sell or trade-in your old vehicle?
There is a reason this topic has its own section. You can use your old vehicle as a trade-in, as long as the dealership will take it. The benefits of that are you won’t have to wait endlessly for a buyer, you won’t have to do any paperwork, you won’t have to make any repairs and it’s so much easier. Why would you want to sell your old vehicle yourself? The main reason is you may get more money for it. Which one should you choose? It depends on what matters more to you, the extra money you might get, even though you may have to wait awhile for it or if your time and energy matters more.
- Take the car for a test drive.
This is a big one. This is where you make sure the car fits you! As you drive the car, make sure to use all your senses. Does the car’s engine sound too loud? Does the car brake smoothly? Is the ride comfortable? How does the car respond when you push the gas pedal? Is it easy to park? Does it have a tight turning radius when you do a U-turn? How the car handles is important. Also, the comfort of the vehicle will be something that will affect you for years to come, so make sure the car is the right fit for you personally.
These are some of the major things you need to consider when buying a new car. A car is a major investment and needs to be taken seriously. People spend a lot of time in their cars, so you should make sure you pick the one that you will still love years down the line.
Looking to buy a new car? The Roseville Automall has what you are looking for. Contact us, today!