In most places, having reliable personal transportation is a necessity. If you've decided it's time to buy an automobile, take some time to weigh your options and decide the best buying method for you. New or Used The first thing to do is decide if you want a new or used vehicle and estimate a budget. This will determine which types of car dealers you should visit and help you stay within a reasonable price range. To help you choose between new or used, ask yourself a few questions. First, do you have a significant down payment or a trade-in with equity? Second, are you willing to absorb a brand new option's depreciation value? Third, if you buy used, are you prepared to pay for the maintenance and repairs associated with an older car? Finally, are you willing to wait days, sometimes weeks, for an auto shop to work on your used car? It's the classic struggle between quality and value. Obviously, money is the key deciding factor when purchasing, so after you've decided to buy new or used, educate yourself about financing and payments. Purchase Options Financing can be a beneficial option, but it can also turn into a credit-ruining investment. Educate yourself about the nature of monthly payments and understand your purchase options. Ideally, your payments should end while your vehicle is still reliable. However, if you aren't careful, you could get stuck paying for an unreliable ride. If you choose to shop new car dealers, be smart about the total price you are willing to spend and make sure you can handle your monthly payments. A comfortable payment should be around 20% of your monthly income. You could also take out a loan from a third-party lender and pay off the loan company instead. To determine your best route, compare all finance options and research average interest rates. If you choose to buy used from a private party or used car dealership, understand the risk of dishonesty regarding the vehicle's history and reliability. To avoid unfair prices, utilize online searches and background services. Manage Your Expectations Once you've decided where to shop and figured out your budget, it's time to identify what you expect in a new vehicle. How much space do you need? Would you prefer a sedan, truck, or SUV? How large is your family? What types of features interest you? Ask yourself questions like these and narrow down your choices as much as possible before you visit a dealer. It's harder to be convinced to buy above your budget if you know what you're looking for when you hit the lot. Always be realistic about your budget. Don't take advantage of credit programs to buy outside your price range. The most important thing to remember when comparing car dealers is what you need out of your transportation and how much you can realistically afford to spend. Inform yourself about the dealerships in your area and be prepared to negotiate. If you buy used, always get a vehicle history report from an outside service and be wary of unfair prices. Good luck in your search. When considering West Springfield car dealers, residents visit Fathers and Sons Volkswagen. Learn more at http://www.fathers-sonsvw.com/index.htm.
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