| Owning a brand new car is exciting. But financially | | | | compare different deals offered by different |
| speaking, it makes more sense to buy a used car. As | | | | companies. One can also try looking for great deals |
| soon as you drive a new car off the lot, it loses a | | | | over the Internet. Some websites like " Auto Info |
| great portion of its value. This is because your car is | | | | Online " can also give you a lot of information |
| no longer "new". | | | | towards buying a car. |
| Still like any journey, with the right guide to buying a | | | | New vs used. Which car is right for you? Consider |
| car, one can breeze through the experience with | | | | the following. |
| flying colors. Below is a guide to getting better car | | | | Owning a brand new car is exciting. But financially |
| buying deals not only in terms of getting high quality | | | | speaking, it makes more sense to buy a used car. As |
| cars but also in being aware of rebates and discounts. | | | | soon as you drive a new car off the lot, it loses a |
| Both online and offline transactions were mentioned | | | | great portion of its value. This is because your car is |
| and discussed as some people are already doing their | | | | no longer "new". |
| shopping online. | | | | New cars lose about 40% of their value within 3 |
| Read on and see for yourself which car buying guide | | | | years, then depreciation starts to slow down. Why |
| you already know and which one you just heard for | | | | not buy a used car and allow someone else to take |
| the very first time. | | | | that depreciation hit? |
| Car buying guide #1: List your requirements and stick | | | | The previous owner will have absorbed the steepest |
| to it. | | | | part of the depreciation cycle. At that point the |
| Knowing what you need and what you want already | | | | costs of owning and operating the car will be |
| takes you halfway the decision-making process. List | | | | reduced. The money you save on depreciation will |
| your requirements and search for a perfect match | | | | surely go a long way. |
| out of the hundreds of car models available. You can | | | | Another benefit of buying used is lower cost. By |
| do this in the old fashion way by visiting the car | | | | buying used you pay less. You will also save on |
| dealers near your area or the new age way through | | | | financing costs, insurance premiums, registration and |
| the wonders of the World Wide Web. One car | | | | licensing fees. You don't have to worry about paying |
| buying guide which you should remember is to never | | | | sales tax. |
| go to dealers without having a car in mind. Websites | | | | As with everything else there are a few downsides |
| like has a handy research tool that can help you | | | | to buying a used car. There are greater chances for |
| refine your search | | | | costly unwarranted repairs. You may very soon have |
| Car buying guide #2: Have a budget and stick to it. | | | | to do major maintenance on your car, including |
| When you have already decided on your car model, | | | | replacing tires, battery, brakes, muffler, and perhaps |
| you can now look into the prices being offered by | | | | even the transmission. |
| various car dealers. One car buying guide that is really | | | | A used car is usually less reliable. You don't know |
| important is to do price comparisons, which are | | | | exactly what you're getting into and how the |
| available online at or CarsDirect. You can also ask | | | | previous owner treated the car. However, every |
| advice from people who have bought cars in the last | | | | situation is different and some used models may |
| five years. Chances are, car dealers still have the | | | | actually be far more reliable than some new ones. |
| same practices. | | | | If you can pay cash, go the new car way. Enjoy the |
| Car buying guide #3: Be on the look out for special | | | | feeling of knowing you're the original owner of a new |
| sales and promos | | | | car in mint condition. Nothing can replace that feeling. |
| Most car dealers and even websites will always come | | | | Otherwise do not hang your hat higher than you can |
| up with a promo or a special deal guaranteed to | | | | reach. Practice financial prudence. Save your money |
| outsell the competition. You can also leave your | | | | and comfort yourself knowing that one day you will |
| contact details and ask the car dealers that you have | | | | be able to afford that dream car. One day when |
| visited to inform you of upcoming promos. That way, | | | | money is no object. |
| you will stay up to date and would be able to | | | | |