Buying a car is one of the most important financial decisions a person can make in his life. There are so many car models available these days that buying a car is almost like buying candy from a store. There is always something that will fit your whims and fancies. Unfortunately, a car costs much more than candy. Therefore, you have to think about whether you should buy a new or used car. By choosing a used car instead of new, you can save some money. A new car devaluates fast, especially in the first few years. After three to four years, a car is worth only 60-70% of its original price. It is easier to pay-off a used car, which gives you more flexibility. With a new car, you could be locked in a contract and it is hard to get out of it earlier if for some reason you decide to sell your car before the contract expires.
Frist of all, you have to set your budget. Sometimes the car buying process can be overwhelming, especially when your time is limited. When you enter the dealer’s showroom without knowing for sure how much you want to spend there is the chance that you will be persuaded to buy something more expensive than you expect.
Secondly, you have to decide the type of a car you are looking for and narrow your choice to a particular make and model, or at least maybe two to three models. It will be much easier to shop if you are looking for a particular car rather than browsing from dealer to dealer without knowing what you want.
Third, you should get the insurance quote before buying a car because some models might be costly to insure.
Forth, you have made your decision and decided what kind of car you are looking for. Afterward, search your local used car website for the model you want and make a list of few cars of interest to you that are available in your area. Try to avoid very old and high-mileage cars. I would say, that you should not consist anything older than 12 – 13 years or with more than 250,000 km.
Fifth, find your local new car...