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Buying a new car? Read this first...

CHOOSE WISELY. Impulse buying is a no-no when getting a new car. (AP Photo)

Tips

HAVE you ever bought something that didn’t meet your expectations? You can’t afford that when buying a car.

So, if you’re thinking of getting yourself a new ride, it pays to be mindful with the details that matter and to make sure everything passes your standards.

Here are a few essentials to consider if you’re in the market for a new car:

Research

Look up quality, suitability, value-for-money and financing options. Doing research will give you a clearer idea of the car you need instead of what you want.

Search around

To avoid disastrous impulse buying, canvass as much as you can, even among different distributors of the same brand. Further, searching around will allow you to compare cars from different brands or makes. This will help you find the best car that suits you and your lifestyle.

Know your purpose

Ask why you’re in the market. Don’t settle for looks — consider car safety, practicality and long-term use. It would be better to buy a car that is budget-friendly while addressing your needs.

Identify your budget

Knowing your income and having a budget will give you an idea if you can afford the monthly payments. Factor in the purchase price, interest, financing terms, maintenance costs and trade-in allowance. And when it comes to negotiation, separate the car price from all other related transactions for transparency.

Do not forget to test drive

You’ll learn a lot about how safe, reliable and comfortable a car is by doing a test drive. According to bluestar.com, you must consider proper speeds, road conditions, and multiple braking situations during the test. Then it’s time to decide. (Regina Carla Albino, Usc Masscom Intern)


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