Buying a car
used to be a very tricky process that involve a lot of haggling
with the dealers. However, with the Internet, buying a car is much
Kind of Car You Want to Buy
First you need
to think of if you want to buy a sedan, mini van, SUV (sport utility
vehicle), or sports car. Mini van is good if you regularly need
to accommodate more than 5 people with the car. SUV is good for driving
on unpaved surface, towing, or safer driving in the snow. Now there
are also hybrid cars, which use very little gas, if you worry about
the gas price.
Check out safety
features such as the number of airbags, antilock brakes, traction
control, etc. Also check out the crash
test results published by the Highway Loss Data Institute.
Buy or Lease
In most cases, it makes more sense to buy than
to lease. However, if you are buying an SUV and worry that gas price
will fly high in a few years, then it may make sense to lease, so
that you only need to keep it a few years.
Find the e-mail
addresses of the Internet sales department of your local dealers
for the car(s) you are interested in. As them to submit their Internet
price. They typically will break down into base price, destination
charge, tags and title, and tax (if the state has sales tax). Typically
they will list the price for each option you want or come pre-installed
for the particular car they have. You typically can get a better
deal if you are more flexible with color and options. The key in
this step is to only contact them via e-mail, until you have nailed
down two to three dealers to talk to. With Internet prices, there
is very little room for negotiation. But you can still try and may
Appointment for the Test-Drive and Transaction
It is a good idea to test drive the car before you
buy. Then, if you are satisfied, it's time to make the transaction.
Make sure you bring you check book. Now the dealer will try to sell
you extra services and most importantly, the extended warranty.
The bottom line is that you are not likely to get a good deal on
anything here. You can buy extended warranty online, where you
can take your time to do your research. You can even wait until
your manufacturer's warranty is almost over to buy extended warranty.
After the Sale
Two things to remember is to register your car with
your state's motor vehicle administration department, and to buy
insurance for this new car.