[AD]

First Car Buying Tips

  • Sharebar

First Car Buying Tips – Everyone can use tips for buying a car for the first time. If you have any sense, you must admit you don’t really understand the car buying process this first time, so tips should always be welcomed.

If you are an open minded person, and I do believe you are, then you won’t mind me pontificating about your first car buying experience. This is the subject of our discussion for the day. I want to share some solid first car buying tips with you. Hopefully, they will benefit you in this matter and help you achieve the desired aim of getting a great car for less.

First Car Buying Tips

First Car Buying Tips

First Car Buying Tips

The economy in the United States doesn’t seem to be getting any better. This is a good thing when it comes to car buying because you hold all the power. We will discuss this a bit more later, but don’t think because the economy is down it is a bad time to be purchasing your first car because it isn’t. In fact it is a good thing if you know what to do.

First car buying tips are a matter of experience. Therefore, you have to be willing to listen to people who have purchased a few cars in order to get gain some insight from them. If you have purchased a few cars and are willing to share some buying tips with first time car buyers of the world, then please feel free to comment in the comment section below this article. We always appreciate our reader feedback.

1) Know Your Budget – Normally, I would say start off with what you want, but that doesn’t make sense when buying a car in this market. You need to understand your budget. What can you afford to pay month to month or how much cash do you have to purchase right now? Everything in your adult life is about the finances. If people say something differently, grab your wallet and get out of there. It is a big boy/girl world and there is no room to be playing with your money. You need to understand what you can and cannot afford up front in order to make the best decision.

However, you should keep in mind that whatever you pay for new cars, and sometimes used, can have some benefit when it comes time to file your taxes. Usually, depending on the tax software you’re using, it will help you fill out your tax forms in this situation. Sometimes, the sales tax can be deducted on your tax return on a new car. Even though you had to spend a good chunk of money on the car, you will get a little back when it comes time to get your taxes.

2) Know What You Want – After you have figured out how much you can afford, you know to know what you want. Don’t walk into a dealership without a clue of what you want because they will take full advantage of you in the process. Buying a car can be like kid in a candy store if you are not careful. Your eyes will light up and you will want any and everything the trained sales person puts in front of you.

3) Buy a Used Car – It is more money and you can do what you like, but buying used as a first car is a great idea. If you try to buy a new car, you will end up paying far too much. In addition, you don’t even full understand all it takes to maintain a car, so you shouldn’t buy top shelf just yet. Get a feel for being a car owner and make sure you understand how take care of it first.

Besides, it doesn’t make great sense to buy new cars these days. You have to be aware that your car dramatically drops in value the moment you drive it off the lot. In today’s economy, you cannot be purchasing liabilities that perform in this matter. You have to be diligent with your funds and make sure you take care of them. Buying a used car is a good way to go about this.

4) Shop Around – Don’t be fooled by the sales person at the dealership into buying the first car you see. You need to shop around and check prices. Get online and check out what it would cost to purchase a car online. Go to Car Max and many other places before you make the purchase. Don’t allow the frustrations and techniques of the sales person to pressure you into a car purchase. You need to make an intelligent decision.

5) Check Kelly Blue Book Value – Another first time car buying tip you need to pick up is the habit of checking the Blue Book value on a car. Don’t listen to the sales person at the dealership. They can and will lie to you. Do your own homework.

6) Test Drive – Even thought is is your first time buying a car, you shouldn’t just buy it off the lot. Take the car for a test drive. Get use to it. You need to make sure it is right for you and your needs. Also, you want to make sure the car runs well. Don’t be a fool in this buying situation.

7) Second Opinion – Before signing the papers, bring back a trusted friend or parent to chime in on the purchase. It is not embarrassing to ask for help. It is intelligent. Exercise your better judgement and call in for reinforcements.

These are a few of the better first time car buying tips for you to digest. Take them all in and consider this purchase. It is one of the more serious purchases of your life. Whatever you do, make sure you are not trying to purchase a car to be like everyone else or keep up with the Jones. You better be conscious of this economy and its direction during this purchase. You need something for you that is going to take care of your needs. - First Car Buying Tips

Related Posts Plugin for WordPress, Blogger...

About Team IWP!

Invest With Passion is maintained by a dedicated team of professionals brought together by a great need for success and security. They are willing to share their information and experiences while learning from the greater community. ---- Be sure to join the community and sign up for the email newsletter above.

Subsribe to IWP

Don't lose contact with a powerful network of people interested in growing their financial future just like you. Together we can hold each other accountable to the future we desire. Subscribe today!

2 Responses to First Car Buying Tips

  1. Ted Jenkin - YourSmartMoneyMoves September 8, 2011 at 9:50 am #

    Great Article!

    Here’s – Top Ten Reasons To Buy A Used Car vs. A New Car

    10. Someone else pays for your depreciation
    9. Auto insurance is cheaper
    8. Monthly payments are lower
    7. You could buy a car for cash
    6. Less worry about having to buy extras
    5. Dealer “certification” programs
    4. Financing is cheap right now
    3. There are used car warranty programs
    2. Cars have a longer more reliable shelf life now
    #1 – No new car smell

    Thanks – Keep up the good work!

    Ted J.
    Editor In Chief at Your Smart Money Moves
    Ted Jenkin – YourSmartMoneyMoves recently posted..It’s Time For A Real Leader To Step Up

  2. Jason Homes September 29, 2011 at 5:41 am #

    Buying your first car can be overwhelming and these tips are really practical and helpful in buying the right car for you.

Leave a Reply

CommentLuv badge

Comments by Aweber Wordpress Plugin.