Buying a used car should not turn out into a worst nightmare. Also its practically not possible for anyone to compare two cars and then select it. It is little tricky also as one may not be sure of what the entire car has undergone, replaced or removed from it. Every car has its own story from where it started and reached the sales point. Here are a few tips to help you to make the right decision and you get the best car for lowest price.
- Check your finances: get pre-approved for a loan on your own. So that way when the dealer wants to give you a deal on financing your car, you can give them a chance to beat it. There are great deals we see everywhere from television ads to fine print. So don’t just assume that your bank or the dealer will give you the best interest rates. This should not stop you from exploring your options.
- Many novice car buyers just settle for the very first loan financing they get, which might end up in them paying more money over the course of loan. One has to remember that dealer is in the business to make profits but they are also wanted to keep customers happy and get a positive feedback.
- Make sure you get cash discounts rather than free accessories or services. . They also have exchange offers for your old car.
- Decide the type of fuel of the car. Diesel or petrol or CNG? Petrol is high is cost but cars are less expensive than diesel ones. Diesel cars also require lot of maintenance but if travelling distance is more, it is always advisable to go for a diesel car.
- You may have no proof and will not get your money back also if anything goes wrong in between. Also it is very unsafe to carry cash and roam about. It is a good idea to pay by using your credit card, or some bank check. Some agreement or bill is also a good proof which can be maintained.
- Do a test drive again: this will help you be doubly sure? You can take a second test drive after you have decided the car, financing etc. that is before sealing the deal. This will help you to avoid any reconsiderations later. So go ahead and take that test drive. If the dealer is hesitant, stress on it and go for a drive. And when you drive just picture yourself driving this car everyday
- Be prepared for add on costs: when you are going to seal the deal remember that there are going to be add on costs which you may not want, or some you cannot avoid. These add on costs like extended warranty, fabric guard, tire protection etc. are all negotiable else you can consider some things that can be purchased from your local auto store. Be aware that the warranties can also be taken later on if you have not budgeted currently.
Hope the above tips help you to make the right decision and you get the best car for lowest price.