Monday, July 28, 2008

How to Choose the Best Car for You

With the millions of choices for that best car, it would take quite a long time for you to figure what it is. To lessen the hassles and seemingly unending time of negotiation and/or interrogation, we came up with these steps to follow:

Know what kind of car is it that you need.

The keyword here is need, not want. You better ask yourself what is your primary use of the car, how many people will usually ride on it, how long is the range of your driving, and in what terrain do you usually use it for.

You can ask these defining questions: Do I like automatic or manual transmission? A 4-wheel or 2-wheel car? What safety features do you want and what is its capacity?

How much is the car that you can afford?

It’s rule of thumb among veteran car buyers that 20% of your take-home pay should be the only amount that you can shed for your car. So calculate how much you can afford for a car before you do the shopping.

Should you buy or lease that car?

Of course, there are advantages and disadvantages for buying or leasing a car. If you are in for the latest model for a few years for a lesser pay, and no hassles when you want to sell or trade in your car, then leasing is for you. But if in case what you want is a car that you want to own for good with no mileage penalty then buying is for you.

How much would the car cost to own it?

There are four things you need to consider before you buy or lease a car: maintenance cost, fuel economy, insurance, and depreciation costs.

Research for options.

It’s not like you have to do the legwork and visit dozens of dealerships in your community; all you need to do is shop online and read, read, read. You will find that more informative that is. You can start by looking for good car sites.

Schedule your test drive.

Before you go to that dealership and ask for the key to test drive your car, you better give a call first just to make sure that the car in the exact model and color is available. Then it would help to build rapport with the salesperson involved in the negotiations.

Get ready for the purchase.

After you test drive all the cars that you found viable for a buy, you come up with a top ten list of all the cars and decide from there.

It can be confusing to choose any thing that you want to purchase, especially if you have a budget to consider; so think before you buy.

Source: http://www.edmunds.com

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