Car Buying Mistakes
Below are some
common mistakes to avoid when purchasing a
car. Being smart will allow you to get the
best price possible for your new car
Buying based on your wants, not your
What better suits you and your family?
A two seat sports car? Or a mini-van? This
is just one example of 'needs' and 'want'.
Carefully analyze your personal/family
situation to determine what what your
needs are and what your wants are.
If you are
a senior, we have researched the
top cars for the
needs of seniors.
It will be
obvious that you really want the car you
are looking at.
excitement to the dealer
or private seller
will take your
negotiating edge away.
Not doing your homework! Or getting your
information from the wrong sources.
When you are in the market for a car, try
to educate yourself with everything there
is to know about the automobiles. A good
source of information is the
Kelley Blue Book.
Kelley Blue Book
will provide you with
options, pricing, rebates, holdback
packages, interest rates, negotiating
more! It is very important that you are as
prepared as you can be once you enter the
shopping for the best deal.
Don't buy from a dealership just
because it is located close to your house.
Locality does not make a dealership good.
Customer satisfaction and the ability to
provide good prices and service does. A
good idea is to ask around when
trying to find the best dealership. If you see
someone with the same car you are
interested in, find out where they got it
and what kind of experience they have had. You can also
Better Business Bureau to find out
what the 'CSI' of a dealership is. The
'CSI' is the Customer Service Index and is a
reflection of how good a particular dealer
pleases its customers both in terms of
sales and service.
Going by monthly payment instead of total
price of car.
fooled by lower payments presented to you
by a dealer. Lower monthly payments mean a
longer term loan,
which means more money in interest
costs, which means more money paid by
you for your new automobile over the
duration of the loan.
trade in before a final price is agreed
will absolutely look to hustle you by not
giving you the best deal for either your
new car purchase or trade-in.
Not getting a
You need to get a
report of any car you are interested in. A
report will let you know the entire
history of a car; including any accidents
and/or thefts that have occurred.
the fine print.
Before you sign any paperwork that
would ultimately finalize your car
purchase, make sure you read everything!
Dealers may try and 'slip' some unneeded
extras by you. These 'extras' can include
dealer add-ons, extra fees and interest
charges. You can learn more about
with dealers and the 'strong arm'
purchasing a new car, we suggest you read
negotiating tactics section.
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