Tips for First Time Car Buyers

 Buying a car is stressful. The first time buying a used car is no exception. Edmunds.com found that Americans hate car buying so much, that they’d give up special activities like social media or smartphones to avoid it. They describe it as more stressful than getting married and wish it wasn’t so hard. The following tips can make it easier.

                                                   

Be Real About What Kind of Car You Need
Everyone wants a luxury vehicle or a sports car, but the first time buying a used car you need to look for what you need versus what you want.

Tip 1 –  Don’t look at the sportiest models if you need reliable transportation for work and family.

Tip 2 – Don’t spend time looking at more expensive luxury models if your budget and your lifestyle won’t support the cost of purchase and maintenance.

Tip 3 – Be realistic about your actual needs for a car rather than focusing on your dream car.

Remember the Total Costs of Owning a Car

The purchase price isn’t the only financial consideration when buying a car. You need to remember all the expenses of car ownership and operation.

Tip 4 – Check your finances for all the costs of the car you buy, including maintenance, insurance, repairs, gas, and parking.

Tip 5 – Consider the largest down payment you can afford, even if one isn’t required. It will reduce your monthly payments and the time to pay off your loan.

Tip 6 –  Don’t forget about insurance, license, registration, and taxes when buying a car.

Look at All Your Options

Buying a car today is much easier than it used to be. There is less negotiating, more transparency, and easier financing.

Tip 7 – Ask the dealer about all the financing options available before you buy. You may be able to afford more than you think.

Tip 8 – Research the kind of car you are considering, checking auto rankings in safety and auto type such as SUVs or hybrids.