5 Tips to Consider When Buying A New Car
By Author 90
Owning a new car is a dream to many people, the satisfaction and joy that comes with a new vehicle is unmatched. But an excellent decision will be to consider the cost of insuring your car and the car’s safety features before you purchase.
The cost of auto insurance is usually affected by the car’s model, safety history, the cost of vehicle parts replacement and repairs, and the car’s risk of theft. Many insurance agents will offer discounts when your new car has features that reduce accident risks and injuries. Below are some tips to guide your next car shopping spree.
Buying a new car? Check this list first
1. Cost of insurance
When considering your favorite car model as your next purchase, call your insurance agent and ask for recommendations about suitable insurance policies to match that model. This is because your insurance rate changes when you acquire a new vehicle.
For instance, sporty models attract drivers that enjoy car racing and fast driving. This type of car will cost more to insure due to its cost of repair or replacement. Generally, cars that cost more are pricey to insure, and vehicles that thieves target will also attract more cost.
2. Presence of safe technology
Buying a new car comes with extra safety devices, most of which are updated and specially made to avoid accidents among drivers. Some of these features are:
- Adaptive cruise control. This feature helps maintain the distance between vehicles ahead and the driver’s car by adjusting the speed for safety.
- Adaptive headlights. This feature adjusts your headlights to light the road as you make every turn.
- Automatic Parking. This feature uses a sensor to detect obstacles and helps adjust the steering to guide safe parking.
- Backup cameras. This will guide you to see your rearview without stepping outside the car.
- Forward collision warning. Camera and laser sensors can detect a crash before it occurs and helps alert the driver. Some of these vehicles can automatically apply the brakes.
3. What are the vehicle size and designs?
We all have our ideal dream car, some of us like bigger, heavier cars while others prefer smaller cars. The good thing is that larger cars are able to survive crashes and sustain less damage when compared to small cars. Also, check for the car’s exterior design, most of these new cars have strong cages to protect the occupants during an accident. Other vehicles have crash absorbers in front or rear of these vehicles.
4. Check your pre-approval for car loans
It is advisable to get pre-approval for car loans before you start shopping. This helps you get the lowest interest rates from lenders. Whenever your loan is approved, this will serve as a budget guide for you. Make sure that you have the required documents to secure a loan too, this will show your debt levels and income means.
5. Negotiate for the best deal
Whenever you bargain well, you are assured of a good deal so never go with the first price that a seller offers. Sometimes, dealers price their cars higher with hopes of negotiations with the buyer. You can also research prices online before going to the dealership. If you don’t get the price you want, you can always walk away and get a better deal somewhere else.