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Car Guidelines

Car Guidelines for Buying that New Car

An old philosopher once said, "You can't get what you want unless you know what you want." Figure out which car you want and how much you are willing to spend. A car is a major purchase for most of us. We need to buy wisely. Here are some car guidelines to consider.

  • Don't wait until your old bomb is on its last leg to start thinking about a new car. Plan on spending two or more months to choose which model you want, shop around, work out the financing, and make the purchase.
  • When it comes to car dealers, competition is the name of the game. Get prices from at least 5 dealerships. Use these car guidelines to help.
  • Use the Internet to do your homework. Go online to find out the dealer invoice price and Manufacturer's Suggested Retail Price (MSRP), search discount car-buying services, search car finance loans, and shop for extended warrantees, use your car guidelines. Each car-buying site has a certain area of expertise. Some sites include: Consumer Reports Online New Car Price Service, Center for the Study of Services (Consumer's Checkbook), and Edmunds Consumer Advice and Information.
  • Of course, you can do your research the old-fashioned way - at your local library. Look through popular consumer publications, such as Consumer Reports for reliability and repair ratings, as well as general advice on the car-buying process. Implement your car guidelines.
  • Don't wear out your shoe leather - make calls to get bids first. Dealers should be willing to give you a quote over the phone. Tell them your car guidelines. If they won't, move on to the next dealer.
  • Before you talk to dealers in person, get quotes from two financing institutions, so that you know what payment and interest rate options exist. Decide your own car guidelines here.
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  • One of the most important considerations when looking for a new car is what safety features are available. Car guidelines are especially critical here. You should be able to understand what they are and what they are worth to you - how well they protect, and how much they cost. If you haven't bought a car in many years, you may not be familiar with some of the newest safety features. Some features are mandatory and some are optional. Your car guidelines may vary here. Safety features on many of the 2000+ model cars include:

    • Front and side air bags.
    • Head injury protection such as head air bags (shield you from impact with the upper interior of the car).
    • Anti-lock brake systems (ABS).
    • 4-wheel drive with traction control (usually with ABS).
    • Automatic dimming rear-view mirrors (to reduce glare).
    • Daytime running lights.
    • New child seat attachment systems.
    • Built-in child safety seats.

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    Once you know your car guidelines, know which car you want, and how much you want to spend, it's time to start bargaining with the dealers in person.

    • As in any contract, it is very difficult to get out of it once you sign on the dotted line. Therefore, DO NOT commit to buying or sign anything the first time you go in.
    • Take the information you have gathered with you and show them you are an informed person, so you can make the deal on your terms instead of theirs, that you know your car guidelines.
    • Negotiate based upon the selling price (not payment plans or trade-in value on your old car), and be sure to get full disclosure of every charge involved.
    • Don't let them persuade you to buy options and extras you do not need. Set your own car guidelines accordingly.
    • Don't take their word on promises made - get any proposal IN WRITING.
    • Follow your instincts - if you feel pressured or powerless when dealing with the salesperson or you sense they are playing games with you LEAVE. Don't compromise with your car guidelines.

  • Article Published: Monday 25th December 2006


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