Steps of buying a car !
What are the key steps of buying a car ?
Essential steps of buying a car - Core learning
- What should be your optimum car budget ?
- Define your needs and wants.
- Understand depreciation and it’s impact on your choice of car ?
- How to get the best Trade-In value for your car ?
- Who qualifies to be your best car dealer ?
- When and how to negotiate for best price ?
- Why Test Drives are important ?
Milestones of a car buyer's journey !
Each stage may offer challenges, yet how well you counter them will ultimately decide your satisfaction levels.
For an easy understanding, let us divide your journey, into 4 major categories as follows:
Essential steps of buying a car - Start with your research & assessment
Essential steps of buying a car - Intermediary Factors
Test Drive is one of the most essential steps in choosing your car. Even if you are considering to buy a New car or a Used car, test driving your car is quintessential to take a right decision. To have a better understanding on importance of Test Drives you may visit both sections of New as well as Used car Test drive.
It pays to know different types of dealers, and then it becomes easy to choose your best dealer. When you are knowledgeable of your opponent, you can handle him well. Their may be Aggressive dealer, Bad – Credit dealer or Community dealer to name a few. What are their traits and who is the right fit for you.
Essential steps of buying a car - Financial Considerations
It’s important that you arrange finance directly with banks, without involving supplier. Gather details on banks providing Auto finance. To begin with you may start with your own bank, and compare with other offers on rate of interest (profit Rate charged), Down payment and flexible tenure.
Knowing the Resale Value of your car is a tricky game. It may not be easy to arrive at the correct value, as it depends on a mix of factors like the Make, the Model, depreciation rate, market conditions and buyer’s perception at large. We will share insights on how depreciation plays it’s role in your car’s Resale Value.
Essential steps of buying a car - The Final Lap
Key learnings for you:
- How to optimize and calculate your car Budget.
- Choosing your right car based on your Needs and Wants.
- Different dealers types and their traits. How to choose your best dealer.
- What to look for while Test Driving cars.
- How to get your best deal, in terms of best price, best Trade-In.
- Learn the art of Negotiation.
It’s not a secret anymore, why only a handful of car buyers strike a perfect deal.
They know answers to questions as simple as how much should be their optimum car budget. Moreover they are also aware of the right sequence of steps to follow.
Firstly, start with establishing your right Budget, your Needs and Wants. Secondly, you move ahead into aspects of Trade In your car, Test Drives and choosing your Best dealer to maximize profit. Finally you learn, how depreciation and Price Negotiation may have a direct impact on your overall deal.
Therefore, these small bits of information, can make your car purchase a rewarding experience.
So, let’s start this exciting journey together, with a quick interesting Quiz…..