Buying a car is a big commitment. If you’re looking to get your first car, it could be very daunting, but the process it is actually very simple. You can be in your own car, driving to work, to a friend’s, or to wherever your heart desires in no time at all. You could go to a dealership and come out with a car on the very same day, but that isn’t the best way. If you want to save money, and still get the car of your dreams, you should buy used.
Know Your Budget
Knowing what you can afford is the first step when choosing a car. If you can’t afford it, then there is no way you’ll be able to purchase it and be able to pay the upkeep. The last thing you want to do is buy a car you can’t afford. If anything happens to your financial situation, you will owe thousands in debt and will have to sell your car (at a fraction of the cost from what you bought it for). That is why buying used is so great – you can get a working car with low mileage and a much lower price, that is only a few years old.
Choose Your Car
The car for you depends on what you want the car for, your budget, and your sense of style. A great choice is a used, award-winning Hyundai i20. This car is ideal for those with a budget, or simply those that don’t want to splurge on a car, as it has great safety specifications and plenty of space for your comfort.
When you buy from a dealership, you pay extra for the peace of mind that comes with it. Dealerships have a set of standards that they place on all their cars – this comes in handy when it comes to used cars. When you go through a dealership, however, you will want to know the value of the car. Knowing the value (and the financing rates you can get through your bank) is a great leverage point when it comes to negotiating.
Always negotiate the price of the car. A great tip is to buy your car at the end of the month, or, even better, at the end of each quarter. This means buying the car in March, June, September, or December. This is because dealerships have goals, and they will be willing to make deals that are more favorable to you to reach them. The only time this advice won’t be applicable is if the dealership has already reached its goal for the month.
Take Home Your New Car
The last step is the best one – get everything finalized and finally drive home in your new, used, car! There is a whole slew of things you can see and do with the freedom of owning your own vehicle. Enjoy it, and get out there!
Buying a car doesn’t have to be scary. Everyone wants to help you make your purchase. Do your research beforehand so you know what you want, the value of what you want, and get the best deal for you. Then drive!