According to a report from USA Today, sales of new vehicles jumped by 6 percent last March 2018. This figure easily outpaced the initial 3 percent estimate from analysts and industry experts. As of now, sales are expected to continue increasing for cars across the board, from hatchbacks to pickup trucks. If you are interested in buying a new car anytime soon, now would be the perfect time.
- Tips when Buying Your First Car
Buying a brand new car can be a daunting task, especially for first-time buyers. At the same time, the process of shopping for a new car is also be quite exciting. Fortunately, there are many steps you can take to help make sure the process leans more towards the exciting rather than the daunting. Here are a few tips to help you buy your first car.
- Get Pre-Approved for a Loan
It all starts with knowing how much car you can afford, and the best way to do that would be to head to your preferred bank and apply for loan pre-approval. This will help you set an accurate budget as the bank will tell you exactly how much they will be willing to loan you to help you secure your first car. Additionally, being pre-approved for a loan allows you to close deals quickly as soon as you find the right car for you since dealership representatives know you are good for the money.
- Choose a Reputable Dealership
A quick Google search should show you a list of dealerships in your local area. However, try to prioritize dealerships that have won awards or at least ones that have a great track record. Don’t underestimate the advantage of dealing with a good sales representative. They can easily help you find the right car based on your needs and budget, as well as provide support with a number of paperwork.
- Test Drive the Vehicle
You’ll probably read several reviews of certain cars, and you may encounter people claiming that Car A is the easiest car to drive and the most comfortable drive in the entire world–but don’t forget that those claims are highly subjective. What is easy to drive for one person may not necessarily be easy to drive for another person. Always test drive a vehicle extensively (roughly 5 to 10 miles) to get a good feel for whether you feel comfortable behind the wheel. If not, it’s better to look at a different car instead.
These are only a few tips you can try when buying your first car. Other tips you can try include bringing mom and dad along with you to the showroom as their experience can help you make better decisions. In some cases, they can even help you get a better deal! Alternatively, you can also ask for more tips from your local mechanic or even from friends who have recently bought their first vehicle. Happy car shopping!