Top 3 Things to Know When Shopping for a New Car
If you are in the market for a new car, all the fine details can be overwhelming when you start the process. While there are a lot of choices out there on the market and lots of details to be mindful of, I have narrowed it all down to three main points.
- Know What You Want to Buy: Don’t get overwhelmed with all the choices the dealership has on the day you want to purchase a new vehicle. There are around 300 new models of vehicles available for sale in North America. If you want to get in and out in less than 60 minutes, you definitely need to know exactly what you want. Narrow those choices down by doing your research on the front end so that you can spend your hour discussing pricing and negotiating your best deal.
- Know the Cost of The Car You Want: Once you have decided on the perfect car for you, do a little research to find out exactly how much money you need to be prepared to spend. Make sure you research the exact the make and model on all third-party websites and include all the bells and whistles you want.
- Know Your Finances: This could be the most important step in getting in and out of the dealership within an hour. Unless you are planning to just write a check and drive off in your new car, it’s important to understand all the elements that go into your financing. Factors like your down payment, trade-in value, insurance, and monthly payment are all important to know before you start negotiations. It’s also great if you visit your personal bank or credit union beforehand to see if they can give you a better deal than the dealership.
With these top three helpful tips, you can get the car you want and not spend days on the car lot. Now, get out there and find the car of your dreams! If I can be of any help to you, please don’t hesitate to contact me!
