Car Buying Guide
Purchasing a new or old car is not an easy process. It requires expertise in the auto sector to evaluate a car value if buying a second hand car or else anybody will scam/fool you.
So before purchasing a car, you should consider following points :
Determine your budget - whats your minimum budget and how much you can stretch yourself to get a deal. Remember, your EMI should not exceed 40% of your monthly income.
Determine your needs - This is very important - choosing your car model can be frustrating and might take ages. Also there are thousands of models available in market ranging from 4k to 40k USD. So decide on which segment car to buy, your needs, which fuel etc.
Research on your car - so once you have decide on which car to buy, research about it. Read reviews, advantages and disadvantages of your car, ask friends and experts. Check detailed specification, fuel average, maintenance needs, warranty etc. of the car.
Financing options - As there are variety of car models, so are finance options. Ask an expert to help you in best and affordable finance solution and auto loan.
Choosing the Dealer - Don’t make mistake while selecting the dealer or car broker - a wrong choice could mean years of aggravation and frustration. Choose a popular and reputable dealer.
Test Drive - Its true that lot of people buy a car without a test drive. If the company is giving a free test drive, then why don’t drive it yourself to see if it is comfortable for you or not.
What’s The Total Cost - The price of a car on brochure is just a beginning. You will also have to pay insurance, taxes, warranties, maintenance, loan interest etc. So work out a total cost before buying a new car.
If you have any doubts, feel free to ask via comments and I will try my best to answer them.:)