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Buying a car | 23.04.2014 - 17:34

First Car Purchasing: A Guide of Where to Go and What to Know

A guide of where to go and what to do for your first car purchase.

Purchasing a car for the first time is often exciting and means having the option to choose a make and model that fits your personality and needs. Whether you're interested in driving a truck or enjoy the functionality of a sedan, there are a few things to keep in mind on where to shop around and what factors come into play.

 

Negotiate on the Price

Smart shoppers are the ones who are willing to negotiate the sticker price for a better deal on the vehicle of their liking. Bring an experienced buyer who is comfortable haggling to learn the best way of paying a reduced price. Don't be afraid to ask for an alarm system or chrome rims to be removed to attain a lower price.

 

Calculate Extra Costs

You may be eyeing a sports car that's within your budget, but there are also other factors that come into play with how much you'll be spending on the vehicle each month. Pay close attention to the fuel efficiency, warranty, and even the cost of car insurance to make sure you can really afford the vehicle. Check the cost of collision and liability before you make a deal.

 

Score a Lower Deal at Car Dealerships

Take advantage of special promotions at car dealerships on holidays or at certain times of the year. According to a Lansing car dealer, dealerships are often trying to meet quotas at the end of the month, meaning they're more willing to negotiate. You can also take advantage of low interest rates if you're a college student or a recent grad.

 

Have the Car Inspected

When purchasing a used car from a private seller, it can be difficult to know the condition of the engine if you're not experienced with the mechanics of the vehicle. If the vehicle doesn't have a history report, have a reputable mechanic look at the engine and do a thorough inspection to ensure that there aren't any major repairs needed. It will work to save money in the long run by preventing the purchase of a lemon.

Purchasing a car for the first time can be an exciting time that means enjoying your ride on the road and having more freedom with transportation. By doing your research and becoming educated on how the buying process works, it will prevent losing money or having buyer's remorse with your purchase. You'll be able to drive your car off the lot for a vehicle that will prove to be invaluable.

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