7 Questions To Ask Yourself When Buying A Car.
Shopping for a car can be a stressing thing for most of us, especially for the first timers who have no experience in running cars on daily basis but for some, that means it’s time to relax, but for the auto industry, it’s a flutter of activity, with everyone enticing the customer in any way possible, In addition to the annual ritual of rising gas prices, To the police and emergency units it the continuous cycle of mayhem, panic and nightmares when new driver hit the road, there’s also a spike in traffic dangers as more motorists hit the road.
I have lived the middle east for almost a decade now and the people there seem not to even know the price of gasoline so it mostly out of the picture when they want to buy a new car, Ramadan come with lots of exciting offers across the regions and perhaps most importantly for car shoppers, it’s a huge period for new-car sales. If you’re among those ready to buy, here’s what you should know. With financial institution even promising to pay for deposits and all other rage of offers from cash discounts, to deferred payments, the options never end…..
1.What car should I buy?
When the time comes to buy a car, you can’t just throw a dart at a dartboard to figure out which car you should purchase. There’s the car you want, and there’s the car you need – the challenge is successfully checking both boxes. That depends on a lot of factors, but I want to throw out a few more questions that can help.
2. Anything I should wait for?
For people who buy cars out of passion and not as necessity to of immovability, they choose what their heart like regardless of the price tags or other options, Perhaps the redesigned 2018 Toyota Camry hits dealers late this summer, and Ford has some updates on the F-150 coming this fall. These jus a tip of what goes through their brain when a car is mentioned.
3. Should I finance, lease or pay cash?
With over 75% of new cars bought using some form of finance, and dealers encouraged to sell cars via this method, cash is not necessarily king, and you’re as likely to get a discount or deal by buying a car on finance. However other opts for Hire Purchase agreements and Personal Contract Hire. If you’re using one of these methods to pay for a car, keep an eye on the total price as well as the monthly repayments; an optional extra may not seem that expensive on a monthly basis, but it’s easy to lose sight of the true cost of options, and you may not get your money back when it’s time to sell your car or trade it in.
Also look closely at the final settlement figure involved in a lot of finance deals. This is known as the ‘balloon payment’ because it’s much bigger than the monthly payments; if your package involves a balloon payment, you won’t own the car outright until it’s made, so make sure you’re happy and able to pay this if you want to take ownership of the car, rather than trade it in, at the end of the deal Which cars have the best deals right now? Check out our top deals for May. As always, your discounts may vary, so check with your dealer for specifics. Most the top range prices will not be on the offer adverts.
4. Work out what’s essential?
If you’ve got a rough idea of the size and shape of car you’re after, think carefully about what you use it for. If you have small children, a crossover SUV is a good bet, as the raised ride height makes getting kids and their seats into the car much easier. If you’re keen on DIY, carrying capacity may be important – but look out for cars that have easy-to-fold rear seats that lie flat when dropped. This is something we’ll always point out in our reviews. If you’re shopping family sedans, big incentives exist on the Camry, Ford Fusion and Nissan Altima. For something more affordable, compact sedans such as the Toyota Corolla and Ford Focus have factory incentives, too.
5. What are the running costs?
It’s tempting to stretch yourself as far as you can when setting a budget for a new car, and monthly repayments can be tantalisingly low, even for up market models. Be sure to bear in mind, however, that running costs are easily dismissed at the buying stage, and excessive fuel consumption or insurance premiums could leave you resenting your car.
6. How do I sell or trade in my old car?
Learn how to prep your car before you sell it to a dealer, how to trade it in and how to deal with taxes and other considerations. If you still owe money on your old car, read this. Finally, if you want to sell it private party, here’s how to create the picture-perfect ad and how to seal the deal.
7. Should i test drive my shortlist?
Once you’ve narrowed down your search to two or three models, it’s time to pick up the phone and book some test-drives. If you know what engine and specification you want your car to have, try to test a model that’s as similar as possible. This is well worth doing; while it may mean you’ll have to wait for the dealer to get the right car delivered, different engine and gearbox combinations can completely alter the way a car drives, as can options like sports suspension and large alloy wheels. If you’re after sat-nav or in-car tech features like Bluetooth phone connectivity, check how well these work, as some systems are far superior to others.
Deciding which car to buy is an involved process, and many people try to get behind the wheel as soon as possible. Bear in mind, though, that time invested in finding the right car should pay dividends during the time you own it. Happy hunting.