buying

A Simple Checklist for Buying a New Car To Save Time and Money

A simple checklist when buying a new car can not only save time, but it can also save you some big money while ensuring a good deal. A checklist for buying a new car is not a requirement, but the extra steps you take in preparation will far out weigh stopping into a dealer and buying a car unprepared. These few steps could save you thousands. There is nothing worse than getting home after you bought a car and realizing that the simple mistakes you made cost you an extra thousand dollars or more. Follow this simple checklist for buying a new a car and you will know you did not leave any money on the table.

A simple checklist for buying a new car should include all the details so your new car purchase will fit your wants,  needs and budget. There is more to buying a car and getting a good deal than walking in to a dealership and relying on your sales person to guide you in the right direction. The sales persons job is to guide you in the direction that best suits the desire of the dealership and your salesman's commission.

Use a Checklist When Buying a New car

Simple Checklist for Purchasing a New Car:

Reading time: 14 – 23 minutes

Market liquidity is a business, economics or investment term that refers to an asset’s ability to be easily converted through an act of buying or selling without causing a significant movement in the price and with minimum loss of value.  As market liquidity dries up then the bid and ask widen.  The depth and breadth of United States financial markets has provided significant liquidity which has resulted in tremendously inflated illusory asset prices.

This will be an introduction to The Depository Trust and Clearing Corporation along with a brief analysis about how by its very nature market liquidity can evaporate extremely quickly which would destroy your value and purchasing power and what you can do to protect yourself.

Chances are you never thought about car buying statistics, but it is something you might want to know. These are not the kinds of things that you would normally care about unless you are in the car business. Some of these car buying statistics might surprise you and you might see how they come into play when you are buying a car.

The car buyers that gets the best deal is the car buyer that works at a dealership, has a family member or close friend working at a dealership or the informed and educated car buyer. So, if you are not related, a friend or working at a car dealership the next best thing is to get yourself educated by doing your homework. These car buying statistics should help you be a more educated car buyer and understand the thinking on the car dealer and car salesman.

Car Buying Statistics Help Get The Best Deal

Car Buying Statistics

Car buyers will buyers will usually buy a car in 3 days or less of making the decision to buy before they even visit a dealer.

It is said that 80% of car buyers buy a car different than what they came in to buy. Such as different color, model etc..

More than half of the car buyers visiting a car dealership that sells their preferred brand will come to look and end up buying a car on their first visit.

Over 95% of car buyers take their new car home on their first visit, it is called a Spot Delivery. (see lingo)

Buying your first car is like a right of passage. You knew it was coming and now you are excited and ready to buy your first car. Don't get too excited, you need to keep your wits about you during the process of buying your first car. Up until now you probably used someone other person's car or you live in a major city that did not require a car.

Many people absolutely hate going to buy a car and don't have anything good to say about the whole process. It doesn't have to be that way, usually these people have had a bad experience or perhaps they felt they were ripped off in the process. Buying your first car can be pleasant and enjoyable if you are ready for the experience.

The reason many young people ask for advice when buying their first car is because of the horror stories they have heard of car salesmen and car dealers tricks, lingo and scams. When have decide to purchase a new car for the first time the first thing you should do is establish a budget for your first car. Know how much you can afford and stick to that number. There is nothing worse than buying a car that requires you to make payments for 60 months that leave you stretched and stressed every month.

Buying Your First Car

Have you been looking at new cars lately? If you have I am sure that you have seen some very attractive car leasing advertisements and specials. Many of the auto makers regularly offer and advertise some very low car leasing payments. These kind of specials that are being offered are having some potential buyers asking themselves, is car leasing right for me.

Most people are not clear on car leasing and ask whether it is good or bad. That is a good question, but the answer depends on you and your situation. If you are the type of person that gets a new car every couple of years and trades in your old car, then car leasing might be the best choice for you. Keep in mind that car leasing numbers can be negotiated the same way that you do when you are buying a car. The lingo and process is the same as car buying.

Would Leasing A Car Work For You?

So, you are thinking about buying a Used Car and you don't want to have to deal with the car the dealer. More and more people are taking the Private Party Seller in to consideration in their search to get a good used car or truck at a good price without dealer scams, tricks and excessive profits. Look for ads in the local paper, or go online to Ebay or AutoTrader.com. (mostly dealers are on AutoTrader, but they do have some private party ads)

When buying a used car from a private party it is a good idea to buy from someone that lives close to you and maybe even in your neighborhood. There is a better chance that it is just a used car that they owned and want to sell, but did not like the numbers they got from the dealer for a trade-in, and they are trying to get a little more money for for their used car.

When you are talking to the seller to set up a time to look at the used car try to get as much information as possible. Get all the information that you will need to go to www.Edmunds.com and get a pricing report. Then you will have all the values to help you evaluate the vehicle. You will also want to make sure you get a Vehicle History Report at AutoCheck®

Buying A Used Car From A Private Party?

Why are you selling the car?

How long have you had the car?

Do you have the title and is it clear ?

Are they any mechanical problems with the car?

Has the car been in any accidents?