Saturday, February 10, 2007

Common Mistakes Of Auto Purchasers by Glady Reign

Purchasing a car is not that easy as other enthusiasts think. It entails putting into consideration of a lot of factors. Putting aside these factors could lead to discontentment or regret at some future time. Mistakes are ordinary but they should be avoided at all costs. To help car purchasers make the right choice, these mistakes should be realized before perfecting a purchase transaction.
According to Consumer Reports, one of the common mistakes in purchasing cars is falling in love with a model. Emotion should not rule when spending tens of thousands of dollars on a vehicle. A well-rounded approach is necessary and infatuation with a car model should not be entertained because it can make customers blind. To know the right car, one should concentrate on comparing different models and assessing their worth.
Another common mistake is skipping the test drive. The test drive is essential because lots of cars appear stunning on brochures but they could be awful when you do the test drive. The best chance to measure if your expectations are met is through a test drive so it is important that you do not skip it. Take your time and perform a complete test drive to ascertain your aim.
Never negotiate down from the sticker price. You may perceive it as a smart deal or you may not find it tricky. However, when you know the dealer's true cost, you can determine how much profit he could be earning. Based on the true cost, you can establish your negotiations. Nonetheless, do not concentrate on the monthly payments when you negotiate. That could lead you to overpayment. The best thing to do is settle on the car's price and discuss other options like trade-in, leasing and financing, if called for.
Buying automaker's "deal" instead of the car is also a common mistake among buyers. Just because an automaker is offering discounts does not mean you should purchase the car. You have to be certain first that the car fits your taste and needs.
Before going to dealership decide about financing. Choose your financing carefully. If you did not do your homework, chances are, you could be manipulated by dealership. "Interest-rate bumping" tactic could cost you hundreds if not thousands of dollars. Check on financial sites, credit unions and interest rates at banks to determine which rate is the best.
Another big no-no is underestimating the cost of latest safety features. Some of the efficient safety features available include antilock brake systems (ABS), electronic stability control (ESC), and head-protecting side air bags. These features reduce road accidents and fatalities. You may forget about superfluous extras that are deemed waste of money. Focus on your needs as well as those of the car occupants.
If you have no idea of the value of your current car, you are committing another common mistake. You could have a good deal on your new car but lose all of the savings. It is better to know both the used-car retail and wholesale prices to save more.
When you are purchasing a used car, have it checked by an independent mechanic. The car's condition means everything. Even the most efficient vehicle could turn into a lemon if the owner neglects to do regular maintenance. The Volvo heater core could be damaged and it needs an expert mechanic to troubleshoot it. But then again, routine diagnostic work is crucial to prevent hidden costly repairs.

About the Author
Glady Reign is a 32 year old is a consultant for an automotive firm based in Detroit, Mi. She is a native of the motor city and grew up around cars hence her expertise in the automotive field.


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