Buying a car is a big investment.
Here are our top tips to help you navigate the car dealership experience and investigate getting you the best deal.
- Know What You Want.
Before stepping into the dealership, know what car you want for your lifestyle and needs. Set a budget and research the models which fit with that.
- Calculate Your Budget.
Look at your finances and see what you can afford to spend on the car. Be honest with yourself and consider insurance, fuel costs and maintenance.
- Check Your Credit Score.
Your credit score has an impact on what finance will be available to you, so check to see what your credit score is.
- Get Pre-approved On finance.
Before you go to the dealership to buy the car you’ve found get pre-approved on a loan. This gives you an idea of what you can afford.
- Research The Dealership.
Choose the right dealership, look to see if it has a good reputation. Read reviews and ask for recommendations.
- Test Drive
Always test drive any vehicle you are interested in and thoroughly inspect the vehicle for faults. This will ensure that the car you have chosen is right for you.
- Read The Fine Print.
Read all contract carefully. Understand all the terms in the agreement, including APR, fees and add-ons before signing your name and finalising the deal.