Buying a new car? Be honest with yourself

James Raia

October 28, 2015

Buying a new car for the first time can be intimidating. From the disreputable reputations of salespeople to the realities of financing fine print, how does a buyer know if they’re making the right choice?

There’s plenty of advice available. Many industry experts are knowledgeable, cultivating years of data from buyers’ experiences. But other “experts” may lead a buyer toward a vehicle with their own financial gain as the top priority.

Used cars have more potential issues, but first-time new car buyers should take note. The auto industry continues to collectively improve its products. Thereโ€™s more competition, so carmakers have improved their respective vehicles to keep up with each other.

Still, the car-buying process should begin with three areas of consideration.

Buyer honesty is a must. A new red sports car might be a great impulse buy. But itโ€™s not an ideal vehicle for your two young kids, the family dog and groceries. Be honest in determining the best vehicle for your needs.

Buying a used vehicle could be a wise investment since it could appreciate. But with rare exception, buying a new car is not a good investment. As soon it leaves the showroom floor, itโ€™s worth less.

Buying a new car means being honest with your own needs.
Buying a new car means being honest with your own needs.

That said, investigate the best purchase plan. If youโ€™re paying cash, fine. But does a bank or credit union offer the best rate? Is leasing a desirable option? Know the warranty details since maintenance and repairs are a major part of the car-buying equation.

Lastly, donโ€™t overlook the importance of comfort. Test drives shouldnโ€™t be brief encounters. Take your time. Make a few trips. Howโ€™s the leg room, head room and seat height? Does the steering and braking feel right? Is there good overall visibility?

Some cars instantly feel comfortable, like a favorite family room chair. Thatโ€™s a good thing in car-buying, too.

Article Last Updated: October 28, 2015.

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