Whether you’re 18 or in your forties, if you’re buying a car for the first time then you’ve probably got some concerns. You certainly don’t want to end up paying more than you should!
Preparing and doing your research can help give you peace of mind when you head to the dealership. Here are five tips to help give you confidence when buying a car for the first time.
- Stick to Your Budget.
Carefully consider your finances, decide how much you can afford then – and this is the hardest part – stick to it.
- Acquire a Financing Plan.
Have a plan for financing before you go look at cars, but be open to the dealership’s financing options if the price is fair.
- Know Your Ideal Car and Purchase Price.
Take the time to research which make and model will best suit your needs as well as the going price-point for that model in your area.
- Test Drive Carefully.
Make sure to ask for a test drive. Pay attention to the car’s visibility, handling and braking. Take the car on several types of roads (highway, rural road, etc.) to get a broader idea about how it handles.
It’s important to stick to your research and budget during negotiation. Don’t be afraid to walk away from an offer you feel is unfair.
Continue learning by check out Kelley Blue Book’s 10 Tips for First-Time Car Buyers.