Safety Tips For Prospective Car Buyers | SmartGuy

Safety Tips For Prospective Car Buyers

Auto - Used Car Sales

Once you have decided to buy a car, the next question you should ask yourself is what kind of a car I should buy. Do you want a brand new car or a used car? Often this is determined by the answer of another question: How much money can I afford to spend for this purchase? You can buy a “higher” grade used car with more facilities and greater status value, compared to with the price of a brand new car. But nothing provides peace of mind and pride of ownership like a brand new car.

Smart Buyers Get The Best Deal

When going to a car dealer, you should be prepared to ask questions and demand price cuts without any hesitation. Usually sales executives try to outsmart customers. So please do not fall for their trap. Do some home work and research about the prices and other details of various car models before you step into a car dealer’s shop.

There are some websites that may help you in this aspect. You can easily browse these websites, with the help of search engines like Google. If the sales executives get even a sniff that you know about cars and prices, they are unlikely to consider you an easy prey. Also, you should try to visit as many shops as possible to make sure that you have got the best deal available.

If you have a particular brand of car with a particular make and color in mind, you should try to buy the car from a shop that stocks a lot of those cars. They are most likely to offer you the best deal. It is also better to make the final purchase at the end of the month. The dealers usually have a monthly target. If you are lucky, the dealers may be looking for someone to reach the target. In that case, they do not mind giving a discount, if it helps them to achieve their target.

Only very few people can manage to pay from their own pocket when buying a car. A majority of people take some kind of loan or make credit arrangements. It is always better to make a finance arrangement before proceeding to the dealer’s shop. Many times, banks offer the most reasonable interest rates. The finance arrangement of the car dealers is almost always attached with some strings. Also, look into special financing offered by the manufacturer.  Manufactures can offer under market interest rates to induce older models to get sold.

Finally, you should not pay using your credit card because of its high interest rate. The exception would be to earn bonuses, such as airline miles.  However, unless you can pay off your credit card balance each month, this is usually not a good idea.