By Gregg HallMany people have to wait a very long time before they are able to purchase a brand new car.
Most people do not start off with a brand new car but they work their way up to one when they have established credit and have a source to make the payments. So the time has finally come for you to make your first new car purchase. Of course you want to make a grand appearance when you pull up in that new car but at the same time you also do not want to bite off more than you can chew in terms of car payments either. Of course the good news is that new cars normally do not come with out of pocket repair expenses so that is one lifted burden that you will not have to worry about for a while. Even factoring that into the purchasing decision you still want to consider other expenses such as an increase in auto insurance. The pros and cons balance out and you still should not be awed by the salesperson and their eagerness to sell you the most expensive vehicle on the lot.
Obviously there was a particular make and model that you had in mind when you headed to the dealership. It is your responsibility to make sure that you stay within budget. If you blink the wrong way that salesperson's eyes are going to light up like you have never seen before. Instead of walking you to the car that you came to see, he will have you convinced that you can drive out of there with any car on the lot. He will have you test driving and pull out every stop to convince you that this car was made for you and you alone. Buying a new car is one of the most significant purchases that you will ever make besides a home.
These are big decisions and should never be taken lightly. If you are the type pf person that is not so good with salespeople and have a hard time saying no or staying within budget then it is strongly suggested that you take someone who is with you. You would never dream of buying the first house that you looked at so why would you consider doing so with a vehicle? What that mans is to not just deal with one dealership because the prices can be different at each one especially those that are independently owned and operated. Incentives for buying can also vary from dealership to dealership.
Another very strong suggestion is to avoid financing through the dealership and stick with your local bank or credit union as they will be able to offer you the best terms. The difference could be astronomical indeed as obviously you trust the place where you do your banking and it is better to rest your fate with them then a very eager salesperson especially with today's sluggish economy. Most salespeople are really looking for a way to make money and support their families just as you are looking for ways to save. Therefore, go with those that you trust first.
Gregg Hall is an author living with his 18 year old son in Jensen Beach, Florida. Find more about car advice as well as car care products at http://www.5starshine.com/
