Friday, June 19, 2009

Common car-buying mistakes

Buying a new car can be exciting. But it is also a complex process through which you can end up overpaying or going with a vehicle you will not be happy with down the road. The following mistakes should be avoided while making new car purchase.
1. Falling in love with a model:When spending hundreds of thousands or millions on a car, emotions should not rule the day. Set emotions aside and focus on doing your homework, comparing different models and assessing your real needs.

2. Skipping the test drive:This is one of the most important part of the car-buying process. A lot of vehicles look good on paper especially in glossy brochure photos but the test drive is your best chance to see how a vehicle measures up expectations and how well it fits you or your family. You do not want any surprises after you have bought the car .So insist on a test drive.

3. Focusing only on the monthly payment when negotiating:like to focus on a monthly-payment figure while negotiating a deal. . Indeed,"how much were you thinking of paying each month?,"might be one of the first questions to greet you when you meet a salesperson.Do not accept the bait! It is the first step down a slippery slope of being manipulated by numbers and overpaying for your vehicle A leasing tip: Do not bring up your desire to lease. Until after you have agreed on the vehicle's price

4. Buying the "deal" instead of the vehicle:Automakers, have been offering a variety of sales incentives in recent years, from 0% financing and hefty cash rebates to employee-discount pricing programs. These can save you money, but it is important to remember that any deal is as good as the car that is attached to it. Just because you can get a good discount, does not mean you should buy the vehicle. After all, you will be living with the vehicle for years, so ensure it is the right one for you. Do not allow special incentives keep you from negotiating

5. Understanding the value of modern safety features:Vehicles, offer an array of advanced safety features these days. But many buyers do not know which are most important or what to look for when comparing vehicles. Antilock brake systems (ABS), electronic stability control (ESC), and head -protecting side bags, for instance, are effective and well worth the money. Studies have shown that ESC can significantly reduce accidents and fatalities That is why you should thoroughly research the benefit of all available safety features and look for vehicles that have the ones that will best protect you and your family.

6. Buying unnecessary extras:Dealerships often try to sell you extras that boost their profit margin but are a waste of your money. Do not accept those unnecessary services or fees. If you see those items on the bill of sale and you have not agreed to them, simply cross them out and refuse to pay for them

7. Not having a used car checked by an independent mechanic:When buying a used car, condition is everything. Even the most reliable vehicle can turn into a lemon if it is poorly maintained. Before you buy a used vehicle,

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