Most folks think that car buying is not a lot of fun. Buying a new car can be exciting, but it is important that you educate and prepare yourself before you walk into a dealership. If you use this info, you might just love picking out your new car.
Get a car loan before you go shopping. Checking your credit and finding a lender is what takes the bulk of your time on a car lot. If you have a loan in-hand when you visit the dealership, the purchasing process will be streamlined.
If you’re getting a car from someone privately, get a mechanic you know to look at it first. If the person doesn’t want you to do that, you need to think of that as a warning. They may be trying to hide a serious, expensive problem. You want to avoid falling into these without being aware of them beforehand.
Ask your friends about what they hear. Do they enjoy their cars? Do they have any tips for you? Do they know anything about the latest cars to hit the market? This gives you trustworthy information to go on.
When you look for a car, check out the ones that offer you a lot of good features in the safety category. Never purchase a vehicle that does not have an anti-lock brake system, or ABS. You need to buy a car that is equipped with airbags; this is safer than without. Safety is important since you will be in this vehicle a lot.
Be careful about giving up your personal information. Many dealerships will try to get this information from you early in the game, and they will run your credit. If you do not purchase there, having a credit report run multiple times decrease your changes of making the best deal. Because of this, you shouldn’t provide your SSN until the deal has been hammered out.
Don’t talk about your trade in. Never tell the salesperson right away what you have for a trade in. When a salesperson knows about your trade-in, he or she may factor it into the sales price, which can work against you.
Call the dealership to find out if they have the model you want in stock. If you show up, the salesmen will do his best to get you into a car, period. When they have no sedans, there’s no point in even going. Call ahead and find out what the story is.
Always avoid signing As-Is warranties. This decision can ultimately cost you hundreds or even thousands of dollars. You should have at least a 60 day warranty in place upon purchase. You will have no recourse of a major repair is needed immediately after you drive away from the dealer’s lot.
Looking for and purchasing a car and be a nerve-racking process. Knowing all you can is key to a great shopping experience. Store this information in your mind so that you’re ready to get a car that fits your needs the next time you go out shopping for one.