I was virtually raised in an automobile dealership. For this reason I've never had to purchase a new car. That is until my husband needed to replace his truck last year. I have on the other hand, sold tens of thousands of vehicles as well as assist hundreds make a purchase. It is not enjoyable but it ought to be. Instead people are bombarded with options, product reviews, thoughts and opinions and then they have to negotiate. Insane city! There is something to be said for keep it simple stupid.
If I were to buy a car today I would personally do the following:
1. Compose a list of needs. These are items that you can't live without, in order of importance. If not exceeding a particular monthly payment is the number one priority then put it there and keep it there. If having AWD is your number one on account of your driveway in the winter than remain true to that need.
2. Compose a list of wants. Be mindful that you do not get the two columns confused, it's tempting. For example, you may want an upgraded stereo with a subwoofer, but do you need it? A friend recently bought an SUV and he determined that he had to have a navigation system because he is always on the road for work. He sacrificed his first choice in color (want) since there wasn't one available with the navigation. Wants and needs, extremely important.
3. Compose a list of automobiles that interest you and perform your due diligence online. Use a resource such as AutoTrader to compare and contrast vehicles.
4. Remain objective when researching. Simply because you are in love with the Porsche, if your budgets $30,000 then get real. If you carry out the research and it doesn't comply with your needs remove it from the list!
5. Flex. If you have to have a sunroof but can't afford it maybe you should consider a Certified Pre-Owned.
6. Once you have your list of vehicles whittle it down to 2 or 3. If you have a Honda Fit and a Nissan Murano then there's a problem with the list. Either that or you are the one percent who is able to buy on a whim. In which case you probably don't need my advice.
