Buying a car, new or used, can be stressful and time-consuming. With a myriad of options and possibilities before you, it’s very easy to make mistakes. But don’t worry; instead, follow these don’ts for a smooth and problem-free car buying experience.
1. Don’t skip on research
This is the first mistake you want to avoid. In this day and age, with the internet at our fingertips, it would be criminal not to get additional information on your dream car. Find out more about its features and pricing. Also do your homework on competitor vehicles.
2. Don’t disregard your needs
With a host of choices available, you’ll be tempted to disregard your needs and go for a car that might not suit you in the future. How often will you get to use that sports car for fast, exciting drives? Analyse your needs in order to get a car that meets all your needs.
3. Don’t ignore the vehicle reports
You want to be sure that the car you intend to buy has never been in an accident or had the odometer tampered with. Check the vehicle’s history report. If you’re buying from a private seller, you can use AutoCheck.
Check the mechanic’s inspection report as well. If the dealer refuses, you’ll either have to walk away or get you own mechanic to inspect the car.
4. Don’t ignore certified pre-owned (CPO) vehicles
CPO vehicles are inspected thoroughly for any deficiencies and restored to a good condition. They also come with extended warranties from the manufacturer. Certified pre-owned trucks and SUVs are great buys, especially if you don’t have enough time to research and buy from a private seller.
5. Don’t fall prey to feature creep
Feature creep is a phenomenon in which added features suddenly become necessary. This will happen when the car-buying process takes too long. Did you start with no particular preference for seats but are now convinced only plush leather will do? You are falling prey to feature creep. Make a list of all necessary features before entering any dealership, so that you don’t get roped into paying for additional things you don’t actually need.
6. Don’t lease, buy
Leasing a car is a good idea, but you don’t really own the car. More importantly, at the end of the leasing period, you would have gotten so used to the car, you’ll probably buy it away. So buy the car, don’t lease it.
7. Don’t exceed the budget
Do your research and arrive at a budget you are comfortable with. Once there, don’t budge. The dealer might try to talk you into buying a car that costs a lot more. The important thing is that you should be able to afford the car you are buying.
Don’t make these mistakes and get the car of your dreams. If you have any money problems, check out Insta Auto Loans for an online car loan application. Even if you are a first time borrower or have bad credit, we will help you.