Whether you buy a new car every couple of years or every decade or more, car shopping can be an exciting process. You’ll see a dizzying array of makes and models in a rainbow of colors, some packed with extra features and cool gadgets. It's important to research the looks and features of a vehicle before you commit. Before you become caught up in the excitement, do your homework and narrow down what you want, need and can afford.
Examine Your Budget (and be Honest with Yourself)
One reason buying a new car should never be impulsive is if you make a mistake, you’ll probably be paying for it for years. If you’re the typical consumer, you’ll be financing your vehicle purchase. If you commit to a loan with hefty monthly payments you’ll be struggling to make, eventually you’ll come to resent that shiny car you simply “had to have.” A good rule of thumb is to calculate your monthly take-home pay from all sources and purchase a car that costs no more than 20 percent of that figure.
Look at Your Lifestyle
Before you begin your car search, you should narrow down the type of car that’s most compatible with your lifestyle. Your heart may skip a beat at the sight of a sleek convertible sports car, but if you primarily use your car to shuttle kids back and forth to school and activities, a minivan, sedan or SUV is probably a more practical choice. If you have a lengthy commute each day and live a paycheck-to-paycheck lifestyle, you may love the look of SUVs but you should consider buying a more fuel-efficient vehicle. If you’re young, single and financially secure, why not go with the sports car while you can? One reason why you should invest time in planning and researching before you buy is you're less likely to make an impulsive, unwise choice.
Additional Factors to Consider When Buying a Newer Car
Buying a pre-owned vehicle is one way to save several thousands of dollars on your vehicle purchase. To make sure you end up with a used car that is affordable, as well as reliable, only car shop at a reputable local dealer. Always request a CarCheck and proof that a used car you’re considering has a clean title and has been fully reconditioned. Additionally, it’s smart to choose a vehicle that is still under the balance of its factory warranty and to weigh the pros and cons of purchasing an extended warranty. Even if the car you’re considering seems to be the car of your dreams, if a dealer cannot or will not produce this documentation, don’t make a hasty emotional decision to buy it anyway. An impulsive car purchase can be a huge mistake.
If you’re considering buying a new car, we invite you to contact us at Deboer's Auto Sales and Service so we can show you the many benefits of buying a car from an independent car dealer. You’ll find our car lot stocked with a large array of quality, affordable pre-owned vehicles that are clearly marked with fixed prices, and you’ll find a helpful sales staff. What you will not find are pushy salesmen or the need to haggle over the sales price. We would love to sell you your next car, but even more than that, we would love to earn your long-term patronage.
