10 Blunders to Avoid When Buying Your Dream Car
According to a Lending Tree survey, about 40% of car buyers regret their purchase. Some regret because of things they’d have avoided if they’d known better. At Cutter Buick GMC, we want you to be happy with your new car purchase. To ensure you don’t join that club, and ensure you get the best deal on your dream car, here are 10 blunders to avoid:
1. Not Setting a Realistic Budget
Research your ideal car and its associated costs before you start shopping. Know how much you can realistically spend, and don’t forget to factor in things like insurance, taxes, registration fees, gas money, maintenance costs and depreciation. Many car buyers get overly excited about the prospect of owning a car and forget their budget, leading to a purchase that doesn’t fit into their financial situation. You want to avoid being in a situation where you can’t afford the car and its associated expenses.
2. Not Researching Your Option
Before you commit, be sure to shop around for the best purchase option available. Consider things like warranties, financing details, and other incentives that might be worth considering when making your decision. Don’t just focus on the price tag, research all of the details. What value are you getting in return for your purchase? Is it worth the cost?
3. Skipping a Test Drive
Test driving is an essential step in purchasing a car. It allows you to get comfortable with how the car feels and handles before making any big decisions. A test drive also allows you to check out certain features that may not have been evident during your initial research. Don’t skip this step — take the time to confirm that the car is right for you. Ideally, test driving should be done at different times of the day if that’s what you think is right.
4. Not Checking the Vehicle History Report
A car might be attractive on the surface, but that doesn’t mean it’s worth the cost. It’s important to check out the background and history of a vehicle before making any decisions. One way to do this is by ordering a Vehicle History Report through an online provider such as Carfax or AutoCheck. These reports provide detailed records on a car’s service, number of owners, and accident or damage reports. It’s always better to be informed before you buy, so make sure to get a full overview of the vehicle’s past.
5. Not Checking for Recalls
No matter how well-maintained or new a car is, it’s important to make sure there are no recalls on the model before you buy. Although recalls are sometimes issued due to minor problems, they can also be issued for larger safety concerns. To check if a vehicle has any recalls on it, drivers can visit the National Highway Traffic Safety Administration’s (NHTSA) website and search by their Vehicle Identification Number (VIN). If there are any open recalls, make sure to get them addressed prior to buying or driving the car.
6. Not Shopping Around for Insurance
The cost of car insurance is often an afterthought for most car buyers yet it’s one of the biggest expenses associated with owning a vehicle. Different insurers may offer different rates for the same coverage, so be sure to compare multiple quotes before selecting an insurance policy. Also be aware that some dealerships may require buyers to purchase certain types of coverage, such as Gap Insurance or Extended Warranty policies, in order to complete the purchase.
7. Not Assessing Their Needs Properly
Before buying a car, it’s important to assess your needs and consider what features you require from the vehicle. Consider factors such as seating capacity, cargo space, fuel economy, and performance when deciding which car is best for you. It’s also wise to research different models to ensure that the one you choose meets all of your needs.
8. Buying Features You Don’t Need
Avoid the temptation to buy features you may not need. While it may be tempting to add all of the bells and whistles, such as power windows, GPS navigation systems, and extra audio equipment, these extras can drive up the cost of your vehicle significantly. Stick to the necessary features for a more economical purchase. This is particularly true if you are getting a loan to purchase the vehicle as you don’t want to be saddled with too much debt.
9. Not Considering Used Over Brand New
Zero mileage cars are a great allure, but the truth is that you may be able to find a much better deal on a used car. Used cars depreciate in value much more slowly than brand-new ones and they can offer the same features and reliability as their newer counterparts. Do some research and shop around for the best deals available.
10. Ignoring Reviews and Testimonials About Your Preferred Car
You should read reviews and testimonials about your preferred car before making a purchase. Get an unbiased opinion about the features, performance, and reliability of the vehicle to make sure that you are getting the best value for your money. Checking with trusted sources such as Consumer Reports can help you make an informed decision. When possible, take a test drive in a car and talk to friends and family who have owned the car before to make sure that your dream car is exactly what you want.
Talk to Cutter Buick GMC Today to Buy Your Dream Car
These are some of the blunders that you should avoid when buying your dream car. By following these tips, you can ensure that you get the best value for your money and drive away with a car that you will love. At Cutter Buick GMC, we understand that buying your dream car is an important decision. That’s why our team of experienced sales professionals is here to help you find the perfect vehicle for your needs and budget. We can answer any questions you may have about specific features and models, so don’t hesitate to contact us anytime.
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