Top 10 Money Mistakes In Buying A Car

A person who is devoid of basic knowledge about buying a car for the first time adopts some inaccurate hasty steps. Here are the top ten money mistakes which are made by people at the time of purchasing a car.

1. Selection of best car
Ponder over your requirements and your standard of living. The model and appearance of car should not be taken into account but the expenses should be considered carefully according to your monetary position.

top 10 mistakes in buying a car

2. Road drive test
It is quite necessary that you should be aware of the internal condition of the car. Therefore, a road drive test should be conducted personally to corroborate its actual working.

3. Low price deal
At the time of deal for a lower price, make judgment about the actual price of the car in order to pay the minimum affordable cost.

4. Entire price of the deal
It is a good idea to assess the true cost of the car and make settlement for the entire price, so that you may avoid inclusion of other amounts afterwards.

5. Incentives of package
You should ascertain the savings from the whole package and remain oblivious to incentives including rebates etc. Your purpose should be the suitability according to your requirements and the real worth of the car.

6. Best bargain for the car financing loan
If you need to buy a car, it is an excellent thought that you should begin investigation about car financing companies for best bargain for the right car financing loan, even prior to purchase of a car.

7. Not preparing your credit
A good credit report is essential for deals on your car loans. So, start working on your credit report almost six months earlier, for the surety of approval with best rates.

8. Purchase of extra items
Buying extra items of decoration or safety can make your purchase considerably high. If you desire to have these things, it is advisable to purchase them afterwards.

9. Your personal study
Make your own investigation about the price of your car in the market, if you change old car for a new one. Don’t allow dealers to give verdict about worth of your car without checking yourself.

10. Checking by a mechanic
Before buying a car, engage a mechanic to ascertain and obtain full account about the condition and the repairs which are essential, in order to present it at the time of negotiation for the price of the car.

You might also like

Top 10 Car Buying Mistakes Many people buy a new car, and then repent on their purchase soon. If you don't take of safety measures,...
Top 10 Tips You Must Know When Buying a Car 1. You should buy a new car near Christmas time because of Christmas presents. as not many people want...
Top 10 auto loan mistakes Auto financing comes from several sources, which includes banks, credit organizations, and vehicle sale...
Top 10 Money Apps for Blackberry Management of money is not an uphill task due to the availability of several great apps for the Blackberry....
Top 10 Free Android Apps That Will Actually Make You Money While Shopping Top 10 Free Android Apps That Will Actually Make You Money While Shopping Android apps will assist you...

Share This Post

Related Articles

2 Responses to “Top 10 Money Mistakes In Buying A Car”

  1. Dude, I wish I could write articles half as good as you. Your posts are always so well written. Do you outsource it or write it yourself?

Leave a Reply

You must be Logged in to post comment.

© 2014 Top Ten Lists. All rights reserved. Site Admin · Entries RSS · Comments RSS
Powered by Top Ten Lists · Designed by Theme Junkie