Buying a car is an important decision that deserves consideration and planning. When you choose a car, you have to think about many variables, which include your budget and your needs.
First of all, you need to take a good look at your savings, your income and your credit and decide how much money you could spend on a car. It’s important that you consider that a car will bring many additional expenses to the ones you have now.
When you buy a car, you’ll be asked to make a down payment on the total cost of the car. It’s recommended that you pay at least 20% on its value. For the rest, you can take out a car loan, which you’ll pay off within a fixed term.
Car loans accrue interest, so you should wait if you’re expecting an additional income in the near future. This way, you’ll be able to put down a larger down payment and reduce the total car loan cost.
Each car brand offers many models with all sorts of features and optional accessories. Of course, the more basic the car is, the cheaper it’ll be. This said you should list what you need in a car and what you’d like to add and balance your options. Stay realistic and remain below your initial budget.
In addition to the amount that you’ll have to put as a down payment and your car loan’s fees, you have to take the car’s expenses into account. These include gas, repairments, insurance and other monthly payments.
That’s why it’s very necessary to compare the cars’ gas mileage. In the long term, this can save you a lot of money, mostly due to the unsteady fuel prices.
Things to consider if you’re thinking about online car shopping
Many stores and industries have taken their businesses to the Internet. These include car dealerships, who now allow you to purchase your future car online. For this, you need to keep some things in mind.
Online car shopping has many benefits, which is why so many people have started doing it. Others, however, think it’s risky to buy a car without actually being there in-person. You don’t have anything to fear! If you take some precautions, you’ll find that making this purchase through the Internet can result in much better deals.
Almost everyone does some research online when they’re thinking about buying a car. Even if some decide to go to a dealership afterward, it’s also possible to complete your transactions online. There are two main questions to take into account when window shopping for a car: Does it have everything you need? And, can you pay for it?
It can be tempting to look into big, fancy cars, but you should always remember what your budget is, in order to avoid going over it. Ideally, you’ll have created it by also considering the added price of your car’s needed features. This way, you’d have made sure that the car that’ll suit you the most can be afforded with your planned budget. Among other important variables, they’re essential to consider when purchasing a car.
When the time comes to negotiate with the dealer, many people find that doing this online is easier and less nerve-wracking than in-person. You find yourself in the comfort of your own home and you’re able to calmly go through the process, without the external pressures that you’d find in a car dealership.
If you’re unsure about your negotiating skills, improve them with this course! Essentially, you’ll be asking several dealers for your preferred car’s price. When they answer you, you’ll have to show the lowest one to the other sellers. This way, each one of them will slowly but surely decrease the car’s total price so that you won’t take anyone else’s offer but theirs.
A good way to go to sleep without any worries after you buy a used car is to hire a third-party inspection. This means that you’d pay a mechanic to inspect the car before buying it. It’s a very small cost to pay if you want to avoid any awful surprises. You only have to hire someone to do it and arrange this inspection with the dealer!
Top 5 websites to buy your car online
There are many advantages to online car shopping, but it’s even better to do the whole transaction from one website. Here are 5 of the best ones to do this.
A few years ago, it would’ve been unthinkable that you could purchase a car from a device as small as your computer, without even leaving your house. Now, everyone can do it, and it’s become much simpler with the creation of websites like the following ones.
They’re in Florida and they have many interesting offers that’ll catch your eye. Each car comes with a full manufacturer warranty and you can take up to 5 days or drive no more than 50 miles to see if the car suits your needs. You’ll find new cars at lower prices than the list ones, and the delivery is free unless you wanted to exchange the car you bought for another one (within the time limit). In this case, you’ll have to pay a delivery fee.
This option includes only used cars, but you can be sure that they work because they had to pass a 150-point inspection and an auto check report in order to be on the website. You can test the vehicle for one week and return it within this time frame. The delivery fee depends on your location, which is why it ranges from $0 to $199. You may sometimes need to ship the car yourself.
Here, you’ll also find used cars, which are also thoroughly inspected. If this still doesn’t convince you, there’s an extended warranty of 6 months or 6000 miles that’ll cover your vehicle. In addition to this, you’ll receive a 5-days or 500-miles frame for a test drive. They have several locations in Pennsylvania, which affects their delivery fees: you can receive your car for free if you live within 50 miles from them.
If you’re in California or Nevada and you’re looking for a used car, this website was made for you. The car sellers can list their cars as long as they have less than 60,000 miles and are less than 6 years old. They’re shown to the customers once they pass the 185-point inspection, who also receive 10 days or 1,000 miles to try the car they’ve bought.
This website has the most perks. These include free nationwide shipping, one free year of roadside assistance, access to financing from a lot of different lenders, and a week or 30,000 miles warranty. The cars that are published are used but undergo a 126-point inspection.
Once you’ve bought your car, you can follow these easy steps to buy car insurance!