Buying a new car can be very exciting! The smell of a new car is intoxicating and when you start to drive it, you can practically feel like the owner. Of course, you don’t want to get caught up in the excitement and end up with a car without asking the important questions. Here are 7 quick questions that you should ask when buying a new vehicle.
1. What are the details of my loan?
Assuming that you can’t buy the vehicle in cash, you will likely have a loan. Make sure that you fully understand the terms of the loan. What is the interest rate? What will the total for the car be when I pay it off? What are my monthly payments? Be clear about these things so that you’re not surprised later. Also, get the lowest interest rate you can. The lower the interest rate, the less you will pay for the car in total.
2. Has the car been damaged?
While the car may be new, that doesn’t mean that it’s never been moved or driven before. Don’t assume a new car has never had any problems. It has had to be transported to the dealership. Also, other people have probably test driven it. It’s a question that many people forget to ask. IF it has been slightly damaged, you may be looking at a discount.
3. Can I test drive the vehicle?
Naturally, you will want to get into your new car and see how it feels to you. Make sure to check the brakes, take right turns, take left turns, and check the acceleration. It should feel good to you while you’re driving it. Of course, that doesn’t mean that you should get caught up in the test drive. Just because you enjoy driving the car doesn’t mean that the price is right.
4. Can you deliver the car?
Sometimes, you can’t simply take the car off of the lot. You might not have another person to take your car back for you. The dealer might have to get the car you want in the color you want. Whatever the case, make sure that they can deliver it to you without an exuberant fee.
5. What additional fees should I expect?
Unfortunately, almost every car dealership will have additional fees included in the price when buying a car. Make sure that you understand all additional fees before you sign anything. You can even check other dealerships to see if the fees are standard with the competition.
6. Is there a warranty?
Learn everything you can about the manufacturer’s warranty. How long does it last for the drivetrain? What about everything else? What would violate the warranty? What do you do if you do have a problem while the vehicle is covered? Be sure not to get tempted to buy extended coverage from a third party. They are usually overpriced for very little coverage.
7. Why should I buy a car from you?
Any car salesman should have a compelling reason to keep you as a customer instead of letting you go to a competitor. This question might even encourage the salesman t throw in extra items that you wouldn’t have gotten otherwise. Make them fight for your business.
New cars can be a great investment. You will use it for a long time. The right car can even be passed on to your child years down the road. While buying a new car may seem rather simple since it shouldn’t have any problems, you want to get the best deal possible. That’s why you ask these questions so that you can feel secure in the purchase when you drive off of the lot.