10 Ways to Save More Money While Buying a New Car

Buying a car can cost you big money if you don’t pay attention to simple rules. One cannot just go to the car dealer and make the payment. There are many ways one can save money while buying a new car. Consider these ten guidelines to think on before you go for buying a new car.

1. Firstly buy a car from an authorized dealer only. Sometimes dealers who purport to be authorized are not genuine and might replace the original components with spurious ones. They might offer good deals but it is better to puchase from the proper company outlets.

2. Make sure you buy the car at the right time. Best time to buy the car is in the month of December because you get great discounts and you can save a lot of money.

3. Bargain properly and find out the price from multiple dealerships. Make sure you do your homework well before making a move and haggle with the dealer for the least price.

4. It is not necessary to buy insurance from the dealers. Get in touch with all the insurance agents and go for what works the cheapest for you. One can easily save a few thousand bucks. Try to increase the deductibles so that you insurance premium will be lowered.

5. Go for extended warranties. It is always a good deal and helps in a long run. Any car can break down so make sure you take this precautionary step and do not end up paying a higher price for repairs.

6. If you buying accessories, compare the prices from the outside market with the price dealer is offering. They always make a lot of money for these things.

7. Once the price of the car is finalized haggle for the extra goodies such as film-coating, DVDs, Car accessories, car cover, etc.

8. Go for a car that is realistic for you depending on your requirements. Consider all the factors like durability, fuel efficiency, maintenance costs, fuel costs. Check all the car guides online or offline and even history records for the reliability of the car. Also, it should be environmental friendly.

9. Get the best auto interest rates and loan deals for buying the car. Different financing options can be considered. Apply at the primary bank or credit union.

10. Lastly, in case of car loan check the credit score. So that you wont have to pay larger monthly payment. If your score is bad then loan deal ain’t that great. Put off the purchase for a while and save money so that you can pay more or increase your score. If you go for the long term loan so that you have to pay smaller payments you will end up paying a more in interest.

Make sure you consider all the 10 guidelines while buying a new car and save your hard earned cash.