Saving Money on Automobiles
Buying an automobile can be a difficult and frustrating endeavor. How will you really know if you are getting the best deal? Perhaps you are not comfortable at the thought of negotiating with the dealer. Maybe you think that if you try, it will just be an exercise in futility. Even though the whole car buying process can be intimidating, it is one that you need to prepare for so that you buy a car that is the correct fit for you, without extras you don’t need, at a price you are comfortable with. Below are some pointers to help you save money on automobiles.
Saving Money On Automobiles Guide
Buy Certified: If you can, try to buy a certified used car so that you don’t suffer the depreciation value of the car that the first owner suffered.
Avoid uncertified used cars: While it may be even cheaper to get an uncertified used car, it is never a good idea; especially if your state does not have any lemon law protection for used cars. Sure you can buy a car for about $2,000, but a shady seller could fix the car up just enough so that when you buy it, it runs a couple of weeks before a repair is needed that will cost you more than what you paid for the car.
Insurance Quotes: For a new or used car, if you have a particular model in mind, call the insurance company before you buy to find out what your monthly premiums will be; just to make sure it’s something you can afford.
Trade-In Value: When buying a new car, if you have a trade-in, make sure you do your research to check how much your trade is worth. Also, set your price with the dealer before you tell him/her about the trade. Make the two transactions separate. Otherwise the dealer may not give you the best price for your trade and you will not know because they will have mixed it all in to the deal. If you wait until after the price is set, you will know what they are really willing to give you for your trade, and you can decide if it is worth it to sell privately.
Purchase all additional warranties separately. Do not put them in your loan or you will pay unnecessary interest on them.
Choose your accessories wisely: All the extra bells and whistles can bring the price of the car up by thousands and if you get a loan, that is means more interest to pay. Do you really need that heated cup holder? If you want a navigation system, try buying a car that does not come with one, and then buying your own to install. The money it costs you to buy your own will probably be cheaper than the price it will add to the car and the interest you will pay on it.
Compare Prices: Comparison shop on the web, before choosing your dealer. Look for rebates and rewards such as free gas incentives or cash back rewards.
Maintenance Your Automobile: Once you have brought your new car home, keep up with all required maintenance. Keeping up with regular maintenance can help prevent bigger more costly repairs in the future. Keep all of your liquids filled and topped off. Get your oil changed regularly. If you can, try to learn how to do it yourself to save on maintenance fees.
Check Tire Pressure: Conserve gas by checking your tire pressure regularly. If your tires run low, the car works harder and you eat more gas.
Research: Make sure you do all your research before you buy. Don’t be afraid to negotiate for the best deal. It is not an easy thing to do, but in the long run it will be well worth it. Take good care of your new investment, and it will take good care of you.
What thrifty tips do you have to save money automobiles?
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