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Step by Step Guide to Buy Your First Car

Step by Step Guide to Buy Your First Car

Are you ecstatic that you will be buying your first car very soon and can’t wait to get one so you can ride it everywhere you go? Have you been saving up for this moment for years now and can’t wait for your dreams to come to reality finally? For most individuals buying a car is one of the most important moments in life as this major purchase is worth a lot and is a huge milestone. 

When you have your own car, you don’t have to worry about getting a ride with friends, calling an Uber, or spending time waiting for a bus. You also won’t have to depend on other people when you want to leave early from a party or workplace with a car. 

While buying a car can be exciting and fun, you should know that a lot of responsibility comes with it. If you have never invested in a car before, then the process can be a little daunting. To make this process quicker and hassle-free for you, we have come up with this guide which will help you understand the car buying procedure in a better manner. 

1. Set a budget 

Before buying a car or selecting a favourite model, it is essential that you set a realistic budget for yourself. Think about the amount of money you can afford to spend on the car, how much money you have in savings, or what loan amount will be suitable for you. 

While your car budget amount should be flexible, make sure you have enough money set aside for the regular car maintenance and running. It wouldn’t be practical for you to spend every last penny you have on a car, right? 

When deciding the budget for your car, also keep your monthly income in mind along with any other expenses that you might have. Also, think if you will be opting for diesel or petrol as diesel is more fuel-efficient and helps with savings. 

Furthermore, also figure out if you will be making the payment upfront or will opt for payment in monthly installments. 

2. Explore your options 

Once you have a car budget in mind, it will be easier for you to weigh your options along with doing some research on cars. Find out which cars are currently successful in the market and which ones are available at the best rates. 

See what the chances are of you liking a car that suits your range and taste well. Also, decide if the car will be for your personal use or the entire family will be using it. If you have small kids who live with you, the car should be comfortable and safe for families. 

Also, think of certain features you would like your car to have or any technologies. Then, consider different cars, such as an electric or hybrid car. Will you be traveling quite often and will have to carry suitcases or luggage with you regularly? 

When you have clarity on all the answers above, you will be able to decide the car's particular body style, size, and performance factors. 

3. Decide between a new or used car 

Once you are aware of the car budget and the car model you would like to invest in, the next step will be to decide if you want to purchase a new car or a used one. When you buy car, whether used or old, it is essential that you weigh the pros and cons to make a calculated decision. 

If you are attracted to a new car, you will have to pay low maintenance costs at the start, have advanced safety features, and won’t have to worry about excessive fuel usage. However, if you have a well-thought-out budget and are not doing well financially, then a used car is also not a bad option and can be considered. 

A used car will have a little higher cost for maintenance and won’t provide you with the best colour options. However, a used car will cost you less money compared to a new car, the insurance rates will be lower, and it can also offer great value. 

You should know that many first-time car buyers opt for a used car, which means absolutely no shame if you decide to do the same. 

4. Visit multiple dealers 

After deciding between a new or a used car and your financial budget, take time to visit multiple car dealers. Whether you are considering a new or a used car, you will find plenty of options to pay a visit to. Instead of settling down and accepting the offer from the first dealer you visit, you should go to multiple dealers so you can compare the prices and packages. 

When you visit more than one place, you might be able to secure a good deal for yourself. You can also check out any special deals and packages going on nearby or some car dealer who is offering affordable monthly installments for the car. 

5. Take the car out for a spin 

Taking the car out for a ride is the best way for you to determine if the car is your dream car or if you’re not comfortable with it. When you have decided on the purchase, call the dealer beforehand and discuss taking the car for a test drive. 

A test drive will help clear all your confusion about the car, and you’ll be able to check out the car for yourself. When taking the car for the test drive, see if the car’s interior is spacious and comfortable, and don’t forget to check the performance of the brake, clutch, pedals, steering, and quietness of the car. 

When you are testing an old car, make sure to be extra careful and check the engine to see if it makes any noises or not. If the car makes creaking or grinding noises, it may have some undercarriage problems, which means you should re-think your decision to invest in the car. 

Try to drive the car in different locations and environments for at least half an hour so you can find out how the car handles different roads and weather conditions. 

When you go out for that test drive, you will also be able to figure out if you are comfortable driving the car or if it is too much for you to handle. 

6. Go for an inspection 

If you are still thinking about investing in the car after the test drive, you should ask an independent or trusted mechanic to check the vehicle completely. Getting the car inspected by an independent mechanic will give you peace of mind as you will know that the car is completely fine and there is nothing wrong with it. 

However, you should get permission from the dealer before getting the car inspected, and if they refuse to grant permission, you should know that there is something fishy or they are hiding something from you. 

After you have gotten permission for the inspection, request the mechanic to conduct the inspection during the daytime as it might be a little tricky to assess the car’s situation at night. 

Assist the mechanic during the inspection, and don’t hesitate to get down on your knees to check for leaks under the car. If you can sense a burning smell or some noises, then don’t ignore them as it could create greater problems for you in the future. 

If you are satisfied with everything and the car turns out to be good, then move towards the next step. 

7. Try negotiating with the dealer 

If it is your first time buying a car and dealing with a car seller,you need to act cleverly and negotiate for purchasing the car. Usually, car dealers are open to negotiations if you are serious about purchasing, so don’t hesitate to try negotiation. 

Let the dealer know that you have knowledge about how much the car is worth, so they don’t fix the price for you. Don’t make the mistake of appearing enthusiastic about the car in front of the dealer, or they will know that you are highly willing to buy the car. Also, hint that you have other options available, so if they don’t give you a good deal or package, you will simply opt for another car dealer. 

When making a negotiation, bring up any buying concerns you might have and don’t feel that the salesperson is your friend because they are only interested in making a sale. Don’t forget to ask them for a warranty that will be useful for you if things go wrong in the future. This way, you will also be able to save maintenance costs for the car. 

8. Fill out the paperwork 

Once the deal has been finalized and you have decided on a price, fill out the paperwork as soon as possible. When filling out the paperwork, make sure you read all the terms and conditions thoroughly, so you don’t miss out on anything important. Also, have a chat with the dealer about the car transfer and the vehicle registration for you. 

Parting Thoughts 

Once you have agreed to buy the car and signed all the paperwork, you should know that the car is officially yours and you can’t return it because you didn’t like it. Make sure you do your research and are completely satisfied with the car, as there will be no turning back later on. 

Once you have gotten your car, make sure you take proper care of it and schedule maintenance every few days. We wish you all the very best with your purchase and hope that you have a wonderful time using that car of yours. 

Author Bio

Audrey Throne has an ongoing affair with the words that capture readers’ attention. Her passion for writing dates back to her pre-blogging days. She loves to share her thoughts related to business, technology, health and fashion. 

Find her on Twitter: @audrey_throne
Audrey Throne
about.me/audreythrone

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