How To Buy A Car - 6 Steps To Own Your Dream Car

The price of the car you want to buy is the clinching factor behind your decision to buy it. What is your budget for the new car? Will you be needing a car loan? If yes how much down payment are you ready to pay? Who are offering the cheapest car loans? You can dwell much deeper in to the budget once you choose the car you want to buy.

One must also factor in the additional costs involved in buying a car such as state taxes, insurance, additional accessories and fuel too. With petrol prices going up so regularly, you must never ignore the cost of running your while calculating your budget.

There are so many types of cars and so many carmakers within your budget range. How do you choose the car which is right for you? You can do that by first identifying your requirements. Some of the important factors that you have to consider before choosing the type of car are as follows:

How many people will regularly travel in the car?
This will help you decide the seating capacity of the car you want to buy.

What is the average distance you will commute on a daily basis?
This will help you choose the car's fuel type. You will not need a diesel car if your average commute per day is less that 20km.

Do you need more luggage space?
Higher need for luggage space you will need a sedan or an MPV/SUV. Lesser need of luggage space will mean you can opt for a hatchback or a small car.

Once you have identified your requirements and calculated your budget, you can start your research. With so many automobile magazines and websites at your disposal, the research is not a tedious job to do. Go through the models available on the market through websites like Drivespark.com to see the basic price, features and specifications of the cars you are interested in. You will now be able to make a short list of cars that are within your budget and satisfy your requirements.

The nest step is to see the car in the metal. You can do that by finding out the closest dealers selling the cars in your list. Find out the address of the showrooms and check if they also have full fledged service operations.

Another research that you can do is to see if there are any discounts and offers available. While there will be some offers from manufacturers, dealers too provide some attractive deals to attract buyers.

It is now time to see, drive and experience the cars you are planning t buy. Visit or call the showroom and schedule a test drive. Ensure you have a thorough look of the car before you drive it. Drive the car through different road and traffic and road conditions to see how it performs. Sit in all seats to see the amount of space available. Check the boot to asses the luggage space.

Click here on steps to take while going on a test drive.

Once you are through with test driving all the cars that you are interested in, you will be able to properly identify the car you would want to buy. You can now move to the next step of Bargaining.

A car will never carry an MRP or a fixed price. A dealer will be ready to offer you the best price if the conditions are correct. You will also be in a position to bargain and seek a price that you think is correct.

If you are exchanging an old car for the new one, you should bargain for a decent exchange bonus. Some dealers provide a high exchange bonus while severely undervaluing your car. There are some dealers who do not offer a substantial exchange bonus but will pay decently for your old car. Do the math and find out which is the best deal and choose it.

It is now time to finish the deal. Once you agree with the price you want to buy your new car you can now close the deal. The dealer will offer you a contract which you should sign while paying an advance. Read through the contract thoroughly. Get to know the waiting period for the car and the delivery date. Once all this is settled, all you have to do is wait for new car. Good Luck.

We hope Drivespark's car buying guide will help you through the process of choosing and buying a new car.