Good day, fellow car enthusiasts! This is Jeffrey Lupient. I wish to personally welcome you to my blog. If you’ve been on my landing page, you may have already read that the purpose of this website is to provide you with tips and information about buying and selling cars, visiting dealerships, and everything in-between.
On this page, we will focus on those tips and information. I would like to inform everyone that should you have questions regarding buying a car, from your first car, a second or third car, models, types, and such, please feel free to let me know. I welcome all car sales and dealership-related questions as they give me an idea of what specific topics consumers may not know a lot about. It also gives me the opportunity to answer those questions through well-written and researched posts, if the question merits a full post.
For this first post, I’d like to talk about the basic steps that you need to do before heading to the dealership to buy a car.
Note: Jeffrey Lupient shares tips based on his own experiences and personal knowledge about car sales. He has been in the automotive retail industry for several decades; having started at the early age of 15 when he worked for the family’s chain of dealerships. The reader is advised to use their own discretion regarding the posts shared on this blog.
Four Things You Need to Do Before Buying a Car
Basically, there are four things you need to do before heading to the dealership; research your options, compute costs, allocate a budget, and get financing. When you take care of all these things prior to your car purchase, the whole transaction at the dealership could run more smoothly and you could drive off in the car that you want on the same day without trouble.
For the research part, there are two things that you need to determine: the car that you want, and your car financing options. You must already know what you want by the time you step through the doors of the dealership so you won’t be swayed into getting something that wasn’t your first or ideal choice.
Check out the model and specs to make sure that it will serve its purpose; family car, second car for carpooling, or whatever purpose you have in mind. Next, check the standard retail price so you’ll have an idea of how much the vehicle costs. If it’s not within your budget range, you might want to look for another model or brand. Don’t stop the search until you find one that’s ideal, purpose and finance-wise.
It would be best if you already have a car loan on hand. This way, you won’t have to look for funding at the last minute. If you have a specific dealership in mind, you may want to talk to them about their financing options before your actual car purchase. (You can do this over the phone or online.)
Before you apply for a loan however, it is recommended that you already compute for your monthly budget, taking into account the additional expenses that you will have work into your budget once the car is in your possession. This includes loan payments, fuel allowance, maintenance and repairs, and car insurance.
After you’ve done your research, you’ve determined the budget that you need, and you’ve obtained a car loan, you’re now fully equipped to make your purchase!
If you need more information about this post, please feel free to contact me, Jeffrey Lupient, through this site.