Tips for buying a new car
IndianInk | 21 May 2009, 4:43pmBuying your dream car is a matter of right decision making power. You need to ensure you have a great car that meets your requirements and suits your budget. There are lots of points which should be considered before you make up your mind.
a) Understand your priorities, cars comes with varied plus points. Some have great pick up, some give high mileage, some have additional safety features, some are economical to maintain and so on. Also keep other factors in your mind such as the size of your family and the seating capacity of the car.
b) Know you Manufacturer's rebate's and incentive's, this is money that you're entitled to, which the car dealer may want to keep whenever possible.
c) Be informed of the standard features. Often dealers will have a display or demonstration car with optional features fitted. But, if you don't want those features, don't let the dealer push you into paying for them.
d) Ask for written quotes, so that there is no misunderstanding if you do decide to go ahead with the deal.
e) Clarify some basic doubts like, What is the car going to be used for? Expected fuel consumption, mileage and also CO2 emission. The amount of CO2 emissions will affect the amount of tax you will have to pay.
f) Ask for a drive-away price - that's the figure you'll be paying to leave the dealership, complete with the often hefty dealer delivery charge, registration and stamp duty (which can vary from state-to-state).
g) Think about what car model and options you want and how much you're willing to spend. Do some research. You'll be less likely to feel pressured into making a hasty or expensive decision at the showroom and more likely to get a better deal.
h) Plan to negotiate on price. Car Dealers may be willing to bargain on their profit margin, often between 10 and 20 percent. Usually, this is the difference between the manufacturer's suggested retail price (MSRP) and the invoice price.
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