How to Get a Good Deal When Buying a New Car
- Author Karen Campese
- Published April 13, 2012
- Word count 557
Buying a new car is a really a complex procedure. It involves a lot of research and negotiation. First, the buyer needs to determine the type of vehicle that their situation. For those with a family, a van or SUV may be appropriate. For those living in an area that gets a lot of snow in the winter, a sport utility vehicle, a four wheel drive or an all wheel drive may be the best vehicle for them.
Websites like consumer reports, cars.com will provide a general idea of what the purchase price of the car should be. They will give the buyer a point at which to start negotiations from. They will provide detailed reviews of the positives and negatives of the car.
The other consideration is the budget. Next to the purchase of a house, a car is the largest investment a person is likely to make in their lifetime. Even though finance rates are at an all time low at the moment, the buyer still has to be able to afford the monthly payments.
It is always better to arrange financing for the vehicle ahead of time. Allowing the dealer to finance the car will usually cost more money. The dealer will also encourage the purchase of an extended warranty on the vehicle. This is almost always a benefit for the dealer rather than the buyer.
It is recommended that the buyer take the time to inspect the vehicle from hood to trunk. Every driver is different, not just in their individual likes and dislikes but in their body styles, height, etc. It is important that the seats be comfortable, the controls convenient, the driver be able to see properly through the windshield, side windows and rear window.
Some buyers may wish to purchase a particular model vehicle with certain extras, buy believe they are limited to whatever is on the dealer’s lot. That is not true. The car dealer can get the model vehicle with any desired extras and in whatever color the buyer wants. They get them from nearby car dealers.
Although trading in an older car is easy, it is usually not the best thing to do financially. When negotiating a purchase price for a car, the buyer should be aware of not only the dealer incentives that are available but also the hold back on the vehicle. The hold back is a hidden rebate that is paid directly to the dealer by the maker for that particular vehicle.
Before the final sale papers are signed, it is important that the buyer read them thoroughly. Things to check include any extra insurance that the buyer does not want as well as the amount the dealer is charging to prepare the vehicle. If that amount is excessive, the contract needs to be re-written.
Once all the details are finalized, the buyer will need to determine what to do with the old car. Selling the car privately comes with some risks, particularly if the buyer is not happy with it after the sale or if they do not transfer the title into their name. A much easier alternative is to donate car to charity. The charity sells the car, takes care of transferring the title and uses the proceeds to fund their mission. In exchange, the donor receives a tax deduction.
Karen Campese is the Co-founder and CEO of Cars4Charities, a not for profit car donation center. They have over 1,000 respected charities that you can donate car to. When you donate your car, you get a tax deduction and help a good cause.
Article source: https://articlebiz.comRate article
Article comments
There are no posted comments.
Related articles
- Your Guide to Dementia Home Care Services in Mobile, AL with First Watch Home Care
- Soccer Passing Drills Suitable for Beginners and Advanced Players
- How We Built an Accurate MAC Address Lookup Tool (And How You Can Use It)
- Night Splints: A Solution for Heel Pain
- John Travolta: From Disco King to Hollywood Comeback King.
- Southern Style Charm: Decorating with Hand-Carved Antique Armoires
- How Can You Save Money? 10 Smart and Practical Tips to Help You Save Money
- Exploring New Homes for Sale in Tennessee
- Quentin Tarantino: The Auteur Who Redefined Cinema.
- How Mobile-Friendliness Impacts SEO - And What You Can Do About It
- Colour And Safety: The Role Of Car Colour In Road Visibility And Safety Perception
- Metamorphosis of the Soul: An In-Depth Exploration of ‘A Different Man.’
- Higher Education Variability in Colombia as a Factor of Quality and Equity
- Divine Spaces: The Power of Deity Carvings and Yantras in Personal Temples
- Ranking the Fastest Swimming Strokes: A Guide to Speed in the Pool
- Henry Fonda: The Reluctant Star Who Defined an Era.
- Jomtien Beach vs. Pattaya Beach: Where Should You Stay in Thailand?
- The Best Places to Exchange Foreign Currency in Pattaya, Thailand
- Common Tourist Scams in Thailand and How to Avoid Them
- The Importance of Effective Science Communication
- Vintage Revival: Eclectic Coffee Tables & Earthy Furniture
- Hickman County, Tennessee: The Undiscovered Country
- The Evolution of Footwear
- FurnitureFlow – Explore Creative Living Room Arrangement Concepts
- Pattern Mixing with Soul: Anchoring Your Space with the Tree of Life Carved Door
- Of Textures, Tranquility, and Time: The Vintage Lattice Carved Lotus Door
- The Future of Coaching: Using Data and Analytics in Sports
- First Watch Care’s Respite Services: Relief and Compassion When You Need It
- Tony Curtis: The Bronx Boy Who Became Hollywood Royalty.
- Understanding DN and SCHD in Pipe Spools: A Complete Guide