Used car prices are soaring, so if you’ve been considering swapping out your ride for a new one, it might be a better time than ever to sell.
Of course, after you sell, you’ll also need to shell out for a new (to you) car. Because this is going to be a large purchase, you need to make sure that you get it right the first time.
We’re here to talk about some common car buying mistakes that people make when they’re on the hunt for the perfect new vehicle. Read on to learn more.
1. Not Doing a Test-Drive
This is a big mistake that more and more people are making now that online car shopping is so readily available. Even if you can get a better deal on a car online, we always recommend finding an equivalent car to test drive at a local car dealership before you commit. You can always leave the dealership and buy the car online later if that’s more convenient for you.
Test-driving cars is essential. You won’t know how a car “feels” on the road or if it’s comfortable for you if you don’t get behind the wheel. You may get a car that looks spacious, but it makes you feel cramped when you’re driving!
2. Not Staying Within Your Budget
Most people don’t win Dream Car Giveaways, so that means that they’re going to be spending a lot of money on their new vehicles. That’s okay! You can still make sure that your car fits your budget.
When you’re comparing car prices, make sure that you’re looking at both new and used cars. You’ll be shocked at how much more affordable some used cars are, even if they’re in like-new condition.
Once you find a car, try to negotiate. Any good car salesperson knows that a savvy buyer is going to try to bring down the price. Even if they can’t bring the price down, they might be able to offer you other benefits.
When you’re considering your budget, make sure that you also consider gas. A car that seems affordable on the surface but requires the most expensive gas option and doesn’t get many miles per gallon, or a car that will cost more in repairs, won’t be affordable in the long run.
3. Not Considering Your Unique Needs
Let’s face it: it’s more important for your car to be functional than flashy. Sure, you might want that old Volkswagon bus or that cool new sports car, but do either of those types of cars fit your lifestyle?
Consider how many people you have to fit in the car. Families with many children may need a car or van with extra seating. People who live in dense cities would benefit from small cars that are easy to parallel park and drive through tight streets.
If you show up to the dealership with your needs in mind, the salesperson can help you find your ideal car.
Avoid These Car Buying Mistakes
These car buying mistakes can cost you a fortune. Remember, a car is a massive purchase and you want to get the most out of it. Don’t let the idea of a flashy car get in the way of your perfect new ride.
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