Buying a vehicle can be an exciting journey! In order to avoid having serious buyer’s remorse though, it is important to understand the past mistakes of others when it comes to their car purchase. Your hard-earned money is too important to waste thousands of dollars on a decision you will regret.
Keep reading to uncover ten common car buying mistakes you should avoid…
- Skipping the Test Drive
The test drive is one of the most important steps along your car buying journey and should never, under any circumstances, be skipped. You may love the look of a vehicle and all of the features it has to offer. However, when you get into the car and drive it, you might realize that it’s not suitable for you. Perhaps it doesn’t drive the way you anticipated or you know that you will not be comfortable driving it long distances. Don’t ever let a sales person talk you out of the important test drive.
- Emotional Buying
Never fall in love with a particular model of a car and decide you absolutely have to have it. Don’t base your decisions on the fact that your first love used to drive this car, or that it reminds you of your late grandfather. Emotional purchases are never a good idea. Buy a vehicle because it is the right one for you.
- Ignoring your Budget
If a salesperson realizes they can talk you into expanding your budget pretty easily, then you may end up spending thousands more than you anticipated. Stick to your guns and don’t falter. Most everyone has a budget and don’t be talked into spending more than your comfortable with.
- Falling into the Monthly Payment Trap
Often, car salesmen will try to entice you to purchase a car that is over your budget by offering to get the monthly payment down to a manageable number. However, this means you’ll be paying on your vehicle for much longer. Do not be talked into something that is over what you intended on paying or longer than you want to be paying it off for.
- Forgetting About Financing
Although most dealerships have a financing department, it’s worth conducting your financing homework before head into the dealership to hammer out the details. It is important to know all of your options in order to help the financing expert find the best deal for you.
- Piling on the Extras
People are often willing to pay thousands more for extra gadgets and features on a vehicle. If it is worth it to you, then great! However, if you are trying to reduce costs, think carefully about what you really need and want in your vehicle. Avoid paying an arm and a leg for a gadget that you won’t really ever use or care much about. These extras can be great conveniences, but realistically it is just another part that can break down the road and more money to shell out.
- Failing to Get a Used Car Inspection
Used car purchases are a whole different ballgame compared to new cars. If you are seriously considering a used vehicle, have it checked out by a mechanic you trust. If a salesperson acts frustrated with this or mentions they don’t want you to do it, that is a big red flag. They may be trying to hide problems the car has. This is how you avoid buying a “lemon.”
- Being Ignorant of Current Car Value
If you are considering trading in your current vehicle, do research ahead of time so that you know exactly what your car is truly worth. Never trade-in a car for a low ball price. Demand what it is worth or move on to another dealership that will. Start by ordering a professional trade appraisal from the experts at Callaway Chrysler Dodge Jeep Ram.
- Failing to Research
Before heading to the dealership, spend a while conducting your own research. In this day and age, it’s easy to conduct online research ahead of time to find out pros and cons of certain vehicles, reading reviews, checking out fair pricing, etc.
- Not Being Willing to Walk Away
If a salesperson sees that you will not be talked into something you don’t want and that you are not a compulsive buyer, you are more likely to get a better deal. Be prepared to walk away if the deal or the car is not right for you.
These are some of our expert suggestions to consider when you are faced with a very important car buying decision. At Callaway Chrysler Dodge Jeep Ram of Fulton, Missouri, you can rest assured that our sales staff is looking out for your best interests and that we are interested in selling you a vehicle you’ll be happy with for years to come. At Callaway Chrysler, we guarantee that you’ll drive away from our reputable, no-hassle dealership with a smile on your face. Find out more about why people all over Fulton, Columbia, Jefferson City, Mexico, Ashland and greater Missouri choose Callaway Chrysler Dodge Jeep Ram for all of their auto needs.
First time car buyer? For more information on making the right car buying decision, check out our 8 Tips for First Time Car Buyers.