Tuesday, July 22, 2008

13 Hot Tips For Buying A New Car

1. What is your budget/how much do you intend to spend?

To us, this should be the No.1 checklist question that should be answered honestly by you. Stick to a budget that you’re really comfortable with, because there are many who fall prey to the low monthly payment promises that often gets unsuspecting new car buyers in way over their heads. Also when you’re doing your budget for this, make sure to include your monthly and/or annual - finance charges, interests, road tax, insurance, and everything else that you will need to spend to own and drive the car.
Once you’ve settled on that right figure, you can further narrow down the potential new cars on your list.

2. Should I get a Local branded car or should I get an Imported model? How important is this and will it make a difference?

3. Should I get a Large/Medium/Small sized car? What is my actual need?

4. Should I get a car that can carry cargo? Is this totally a family car or would it be used for both, work and home?

5. Should I get a car that hits 100mph in 60 secs? Is this very important to me - performance & power?

6. What is the petrol consumption for this car? How much of mileage will I get from a full tank? Will this ultimately cost me a bomb?

7. Are parts easily available for this model? Are they costly? How much is a routine service package going for on this model?

8. Does all the technical specifications and safety aspects like - BA, air-bags, crash-tests, stability control, ABS, etc) look acceptable to me? Would I need additional fittings later on?

9. Should I get a car that has front-wheel drive, full time 4×4, rear-wheel drive, etc? Is this highly needed?

10. What is the warranty package for this car? Does it cover parts and labour? Do they give any extensions?

11. What is the trade-in/resale value for this car in the future? Will this brand hold its value better than others in the market?

12. What is current promotion offered, if any? Are there any added benefits to me if I were to trade-in my old car?

13. How long is the delivery period, once an order is placed? Is the delivery time important for me in making a decision?

No comments: