Car purchase can be both an exciting as well stressful experience, so one needs to be really careful about few things while buying a new car. Among several parameters that one needs to be clear on, the most important one is to considering the driver or owner’s need. If it’s for a woman, here are some easy car buying tips.
Understand your budget: The first and most important car buying tip for women and men is to understand the budget. Make sure that your car dealer finance department do not tell you how much you can afford. Dealers, usually, try hard to convince you to spend as maximum as you can, so that they can make more money. So, cross check the price of the same car at different dealerships before finalising.
Get Pre-approval for auto loan: The best practice to avoid bad surprises is to get pre-approved for an auto loan. If you are looking to buy a new car, first go to your bank to apply for an auto loan. Tell your bank about the payment amount you can afford to pay, so they can inform you the loan amount based on interest rate and other factors.
Research before car purchase: This is one of the most important car buying tips. It is advisable to go online and research new car in your price range. This will further simplify your task and you can make your mind which car you want to drive home.
Take a Man with You at dealership: We all know that how good a woman can be in shopping, but buying a new car is always a difficult task. It is advisable to take your husband, father, brother or uncle to dealership when you go for car shopping.
Negotiate Before the Test Drive: In many cases, people went to dealership and test drive the car. Sometime, buyer lose mind after driving the car and purchase the vehicle without negotiating. It is advisable is to negotiate before test driving to have a clear mind during the negotiation process.
Here are few other car buying tips for women that need to be kept in mind while you are at a dealership.
- Tell the dealer that you are looking for a cash purchase.
- Do not provide your personal details.
- Ask for dealership incentives or rebates
- Tell the sales person to give you the buyers order with options to find out the breakdown of all expenses
- Try to negotiate