One of the first things you need to think about before buying a vehicle is to find out what exactly can you afford. Be prepared to handle all kinds of high-pressure techniques when negotiating with either a private party or a dealer. Do your homework so you can stand your ground.
Take into consideration that buying a used or new vehicle will probably be your second largest purchase after a home. Make sure you know exactly what your budget can support. Some questions you need to ask yourself are:
- What total purchase price can I afford?
- What amount of monthly payment can I afford?
- How much will I be required to put down?
Once you have completed all your pre-purchase work, you are ready to shop! Start by looking at the following factors before heading out:
- your daily commute
- Do you need cargo space?
- How many passengers will ride in your vehicle on a regular basis?
- Do you prefer a manual or automatic transmission?
- Will you be taking vacations with this vehicle?
- Will it fit in the garage?
- Do you live or travel in geographical areas that would require four-wheel drive?
- Do you require any special features to accommodate a short stature or disability?
When thinking about buying a car, some want new ones, while others usually look for something second-hand. Here are some things that we think will help you decide.
New vehicle: Pros
- The vehicle is in it's best state
- You are the very first owner. It is like getting it fresh out of the box.
- Less maintenance.
- All round much greener since most new cars are made that way these days.
- Fully covered with a motor plan and manufacturer's warranty.
- You can customize everything
- from paint color to sound system.
- Contains the latest technology
- powerful engine, better fuel efficiency, lighter body.