Driving your brand new car off the forecourt is pretty exciting but the stuff that leads up to that? Not so much. Buying a car can be a long, frustrating, and frequently infuriating process, but it doesn’t have to be like that.
If you’re getting ready to buy a new car, there are a number of things you can do to simplify the process, and more importantly, get the car you want at a fair price. Here’s how.
Do your research
If you want to make the car buying process as quick and simple as possible, you need to do your research before you ever think about hitting up the local car dealership. The more you know about the car you want to buy, how much it sells or, what its drawbacks and advantages are, the less likely you are to be misled or even conned by the car dealer.
Not only that, but you make it clear you know exactly what you’re looking for and exactly what features your chosen car boasts, you won’t have to listen to all of the usual spiel. You’ll appear cool, calm, and collected and the dealer will get right down to business.
Do a price comparison search
There are so many tools that let you compare the prices of cars from dealership to dealership and website to website. If you’re serious about simplifying the car buying process and getting the best possible deal, you would be foolish not to make use of them. Just make sure that any quotes you get take into account the features you require, and that any add-ons are included too. The last thing you want is to think you’ve got it all sewn up only to be hit with a nasty surprise when you get to the dealership.
Gather all the necessary documents
If you want to be in and out of the dealership as quickly as possible with as few hold-ups as possible, make sure that you’ve gathered all of the documents you need to buy the car, including your I.D. and any necessary car loan documents early in the process.
There’s nothing worse than finding the perfect car, talking to the dealer about it, and then being blocked from purchasing it because you can’t find that all-important proof of income document you need to secure the finance. Get all of your ducks in a row before you get to the buying stage and your life will be so much easier.
On the subject of car loans, getting preapproved makes sense if you want things to be as simple as possible, Many banks, credit unions, and car dealerships will preapprove you for a certain sum and lock in a particular interest rate for you before you get to the buying stage.
By getting preapproved, you can determine ahead of time how much you have available in your budget, and you won’t have to worry about being declined for a loan after you’ve found the perfect vehicle.
Research your existing vehicle
If you currently have a car, it makes sense to research as much as you can about it in its current state so you can get the best possible price for it when the time comes to sell. Seeing what similar cars go for on websites like KSL and Craigslist will mean you have a decent level of knowledge to bring to the table in the negotiation stage, and that’s never a bad thing.
Take a test drive
If you don’t want to end up regretting your car purchase, it’s always a good idea to take your vehicle for a test drive before you commit to purchasing it. You’ll get to see how it handles, see how good a fit it is for you, and try out any cool new features to see if they’re worth the extra expense.
If you’re the kind of person who gets nervous test driving with a cart salesperson sitting in the passenger seat, you could consider renting the dame model for a day and really putting it to the test. This will make for a calmer experience and enable you to know that your thoughts and feelings about the car are genuine ones that haven’t been planted by the salesman.
This may seem like a lot of effort to go to just to buy a new car, but actually, if you do all of the above in a timely manner, it will cut down on the amount of time and effort it takes you to buy a car, so it is well worth considering.