23 January 2008
Buying a car is an important decision.
We have identified a number of tips to assist you in the buying process as follows.
- Work out how much you are willing to spend on a car
- If helps if you like the car brand and model and colour -also helps if your partner likes it!
- Find a dealer/car sales person that you can trust and tell them exactly what you want
- Always buy your car from a recognised dealership or reliable source.
- For second hand cars, look for a full service history and previous owner details. If you can't get the information, dont buy it.
- Check out the depreciation rates associated with the car you are buying. It is very easy to work out how much it wil be worth in a years's time
- Check out car tax and insurance costs
- Understand clearly what warranties come with the car.
- Establish when will the model you are purchasing be upgraded/replaced.
- Never overstretch yourself financially for the sake of a car.
- Keep finance arrangements within your means. If you are entering a finance arrangement,you should fix your repayments.Avoid finance arrangements that last longer than three years.