10 Mistakes People Make While Buying A Car
After a house, car is probably the most expensive purchase you will ever make in your life.
People generally stick to one car for about 6 years on an average which is pretty long.
Now nobody would want to go wrong with an expensive purchase and that too when it is
going to stay with them for a couple of years, right?
But people often make mistakes while choosing their “iron friend” and regret for a lifetime.
Don’t believe us?
Check out these 10 mistakes that you may be making while buying a car.
We promise you once you are through with this video, you’ll have reduced the chances of
pangs of regret getting at you as you drive off your new sets of wheels!
Number 1.
You don’t think about resale value For how long are you going to use the car?
A few years and then what will become of that car, rot in a dumping yard?
No, you’d probably sell it off.
So why don’t you take this into consideration while buying the car?
There are certain car brands that are more popular with drivers especially when they
are buying a used car.
Similarly people prefer buying cars in specific colors.
It’s easier to sell white, black, or silver cars than ones that are bright colors.
If you want to get a better price for your car when you sell it later, you may want switch
the canary yellow color you chose with a basic white one!
Number 2.
You don’t think about maintenance A lot of people focus on the price of the
car while buying it but conveniently forget about the maintenance costs!
Repairing and servicing costs will increase over time and thus you have to pay more stress
on the brand you are investing in.
Certain brands offer you services at a much cheaper price than other brands, you may want
to go for them because recurring costs are a pain!
Do you want to sell off your car because you can’t afford to maintain it?
Nobody wants to do that so think about this aspect before you set your heart out to a
car!
Number 3.
You pay for optional items When you buy a car, you aren’t only paying
for the car but also for some optional items.
Certain accessories in the car are a must while you can give others a miss.
For example if you aren’t a smoker then an ash tray is a waste in your car, so why
should you be paying for it?
Similarly a lot of cars already have anti-corrosion treatment so paying for this service is not
smartness.
So be alert when the salesman tries to sell you accessories that you might not need in
your car.
Instead invest in safety accessories like extra airbags that will benefit you.
Number 4.
You buy the latest car Some people want to be among the firsts who
buy a car right after it is launched.
This might make you a trend setter but it isn’t very profitable.
For the first 3 years a company gathers information regarding all issues and defects and improvements
for the future cars to make them more reliable.
This way there is a chance that as a first you land yourself with a car that is a host
of defects.
But if you wait for 3 years after a car’s launch, the car will have likely overcome
some of its defects plus you will also get a feedback from fellow customers who have
used the car.
Do you still want to be the first one to buy a particular car?
Number 5.
You buy the wrong car Thinking just about your personal preferences
while buying a car might not be the right choice.
Before you decide on a car based on your liking for the celeb who endorses the brand, think
about your needs.
How often will you drive the car and how many people are likely to sit in it are things
that you should ponder over before finalizing your 4 wheeler.
If you are into off roading then an SUV will suit you better but if you are looking for
a car that can accommodate your big family then a minivan is more suitable.
Go for a fuel efficient hatchback or sedan if you travel alone for longer distances.
Number 6.
You can’t choose between prestige and technical characteristics
A lot of people are confused between these two.
People who can afford a premium class car can just go for the bigger name.
Most of the time these cars are technically superior also so it’s a cool idea.
But if your pocket is allowing you to splurge on a luxury car then you’ll have to decide
what matters more to you.
There are certain cars that aren’t too expensive but use good technology, not equivalent to
the car that is 4 times more expensive but still good enough.
So the best way is to focus on the technical characteristics, price, and reliability before
making the purchase!
Number 7.
You don’t examine the car Okay now the salesman is a professional, we
all know that but selecting a car only based on this one person’s opinion won’t do
you much good.
After all, they are there to make a profit and will most likely think about their benefit
more than yours.
So you should gather information about the car yourself and consult an independent specialist
who can tell you the pros and cons of buying that car.
Another important thing is the test drive, you should never skip this part because it
gives the idea about the comfort and ease of driving the car.
Number 8.
You miss offers and discounts You might not know but there are certain months
in the year when buying a car is the most profitable.
The time starts from December and extends till March.
During this time the car dealers are offering lucrative discounts, especially at the end
of year because they are in a hurry to clear the stock of the year.
You got the hint, didn’t you?
Guys, this is the time to negotiate on the price with the dealers, you’ll get the same
car for a lesser price!
Number 9.
You don’t try to lower the price Who said that bargaining doesn’t work for
purchasing a car?
You just never tried it!
The nest time you are in the market to buy a car, try sending emails to different dealerships
saying you have a better offer and asking if they can beat it.
You might think that this will not work but interestingly the rivalry between dealers
is so high that this method sometimes helps people to save some bucks.
If a simple mail or negotiation can cut down the cost of a car for you, why not try it?
Number 10.
You’re in a hurry The worst thing you can do in the process
of buying a car is being in a hurry!
It is a decision that needs a lot of thought from your side, if you hurry the process,
chances are that you will regret it later.
You should spend enough time doing research about the cars of your choice, the pros and
cons of each, test drive them and also look at all the options of payment and finance.
If you skip even one of them, you could end up buying the wrong car.
Do you want to spend so much money on something that doesn’t even fulfill your needs?
Do you have any other tricks to buy a car?
Tell us in the comment section below.
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