What Car Should I Buy? Steps to
Choose the Right Car for You
Buying a car can be pretty exciting. Yet, in the same breath, it is a daunting task. When you look at what the market has to offer there are so many options.
Your pocket may not necessarily allow you to get your dream car. And there are so many considerations to have in mind before picking one, including the monthly cost of your car insurance.
If you are in this position, don't fret. We have taken the time to research and narrow down the steps you need to take when choosing one.
1. Determine the Type of Car You Need
You probably have some car brands you would not mind seeing in your garage. Pump the brakes for a minute. Before you sign on that dotted line, go back to the drawing table for a minute. That two-door Mercedes looks and handles great.
But, you will have to lease a car every time you need to take your five little ones out. The fact is, that it is a luxury vehicle that cannot accommodate a large family. So, we will go back to the time-tested rules of shopping.
Start with a checklist, clearly highlighting your needs. Such could include:
- Do you want a new or used car? If the latter, get an expert to check the car first. Do not depend on the word of the seller. Do contact the Honda dealership in Brandon to save you time and headache. The company will not stake its reputation by selling poor-quality second-hand cars.
- Automatic vs. manual transmission. Some people enjoy the control of manual transmission vehicles. Changing gears and balancing using the clutch and brakes brings more authenticity to the driving process. But, automatic transmissions are ideal if you prefer a more laid back driving experience. The car automatically changes the gears for you, making it less tiresome.
- Sufficient capacity to comfortably accommodate people who might use the vehicle.A large family for example would be better off with a van, sedan, or hatchback.
- Easy to maintain vehicles that do not cost much to maintain .
- Fuel consumption, should be low, especially if you undertake long commutes
- Type of roads you drive on. A luxury car in an off-road setting would not work. For this, you will need a vehicle best suited for rugged terrains.
- Will you use the car to transport or haul large items?In that case, a heavy-duty truck is your best option.
- Special access if you have a physically challenged person who may need to use the car. You may, for instance, need wheelchair access, and so on.
- Extra add-ons include lane monitoring, wifi, leather seats, entertainment, and so on.
2. Do Some Research
Now you have a pretty good idea of the type of vehicle that would work for you. The next step is to educate yourself a little bit more on your car or brand of choice. Online resources you can use are plentiful.
Another option is to go to those who deal with vehicle sales. You can, for example, check out Brandon Honda services, if you live in the area, and are interested in that particular model.
The salespeople will be happy to walk you through the specs. You also have the option of new or used, depending on your budget. And, you can take advantage of the Honda financial services if you need help with financing.
Don’t be afraid or shy about asking as many questions as you can. It could save you so much headache and money in the long run. And yes, your research should involve reading online reviews. It will give you a broad, and honest perspective of what you will be getting.
You may also want to spend some time on price comparisons. Let’s say your research shows pretty positive reviews on a specific Honda dealership in Florida.
Don’t stop there. Look around to see what others have to offer. It gives you a strong bargaining chip when negotiating pricing. But for car financing or loans, you can see more here.
3. Allocate a Budget
At this point, you should have a pretty good idea of how much you want to spend. The good news is that there are payment options available. There is the cash option, which is desirable if you have the money upfront.
Honda dealerships in Florida may also offer financing or leasing options. If you go for the latter, be realistic about what you can afford to pay every month.
Remember, skipping payments can impact your credit score. This will affect any type of financing you try to get in the future. Avoid any financing that takes up over 15% of your monthly salary. For VW Van leasing, it should not go above 10%.
And there is one thing you need to know about leasing.Once the lease period ends, you will not have a vehicle. But, you can drive your dream car without incurring the cost of purchasing it.Repairs and things like car battery replacement may be under leasing conditions.
This is unlike purchasing the vehicle using financing services. Yes, you will need to factor in interest. But, the vehicle eventually belongs to you. You can avail many options from Invoice-pricing.com.
The best option between financing and leasing really comes down to you as an individual. Take time to do deeper research on pros and cons, then make your decision.
4. Think Long Term When Allocating a Budget
The cost of owning a car boils down to the purchase price. Right? Well no. That is why we say when allocating the budget, think long term. What does this mean? Well, the initial cost of the car may not be that high.
But, maintenance, fuel, and depreciation will drive up its overall cost. According to Investopedia,Luxury cars for instance depreciate very fast. The cars that drop in value fastest are BMW 5 and 7 series, the electric Nissan Leaf, Audi A6 and Maserati Ghibli top the list.
We cannot emphasize this enough, do your research very well. And, talk to car dealers and get as much information as you can.
On the other hand, Toyota, Mitsubishi, Mazda, and Honda give pretty good value for money. Maybe you have your heart set on a Honda. In that case, do take the time to visit Honda dealerships in Florida and educate yourself a bit more on depreciation.
5. Ask For a Test Drive
This step is self-explanatory, so we will not expound too much on it.Do not, under any condition,buy a car without a test drive. You get to feel if the car is right for you by sitting behind the wheel. It can also be a chance to identify any issues with the vehicle.
Next, go home and let the test drive feeling ruminate for a while. There should be no pressure from the salesperson or yourself. Remember this is an investment that you hope to enjoy for a long time.
We have looked at some steps you should take when finding the best car for you. We would strongly recommend dealing with a reputable car dealership. But, get the basics right.Start off the shopping process by determining the type of car.
Create a checklist of specific factors as we have highlighted in our first point.Do your research and allocate a budget.