iBankCoin
Joined Dec 27, 2015
237 Blog Posts

How To Make The Best Decision When Buying a New Car

Buying a new car is a pretty big decision and you should do your research before making a decision. Dealerships have all kinds of sales throughout the year so it’s important for you to know when they offer the best prices. February through May is the busiest time for dealership because of tax season. Millions of American s will get a tax refund every year during these months and this is what makes it a booming time for the car industry. They do offer some good sales during this period but they are extremely busy and the customer service may not be up to par because their sales reps are worn thin during this time. Let’s look at several things you need to consider when buying a new car.

 

Price

This is always the deciding factor for me. Before you step foot onto a car lot you need to have a predetermined budget and you need to be able to stick to it. Going over your budget could cause you to get into a vehicle that you simply can’t afford and that is just setting you up for failure. To help determine your budget you need to take into consideration you’re other monthly bills such as your mortgage, insurance and daily living expenses. Don’t skim or cheat yourself when it comes to your budget. You may not be able to afford a top of the line car but if you do your budget correctly you will be in a vehicle that you can afford and won’t stretch you thin financially.

 

Quality

You want to make sure that you are getting a quality product and this is why I always recommend buying a new car versus a used car. You never really know what you are getting with a used car and when you buy a new car you get a manufacturer’s warranty. Now keep in mind that some automakers offer way better manufacturers warranties than others. Hyundai and Kia offer the better warranty on all of their new vehicles and Subaru Forester comes in right behind them.

 

Dealership

Throughout the time that you own your new car you will have to take it back to the dealership for repairs and maintenance so it’s important that you pick a dealership that is established and that has been in business for a while. If you live in a relatively smaller town you might have to travel outside of your area to get to a reputable dealership but it’s worth it in the long run. You want to choose a dealership that stands behind their word and that will offer you not only a good price but good customer service too.

If you can keep all of these things in the forefront of your mind while shopping for a new car then you are sure to make a well informed and educated decision when buying your next new vehicle. Make sure that you plan for the day that you go to the dealership and try not to have anything else planned for that day because you don’t want to feel rushed. You want to take your time so that you can test drive vehicles until you find the one you like and you also want to make sure you have plenty of time for the finance paperwork to be completed.

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