Buying the Right Car

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Buy the Right New or Used Car

There is one process that no matter how many times that you do it will still come to stump you at times and that is going to be buying a car. No matter what kind (new or used) you will need to make sure that you are properly prepared. If you know what you're getting into though everything can run much smoother. Also it is a very expensive and time consuming procedure that you want to do correctly so that you can get the most for your money. You have worked very hard for your money so you should be able to get the most for it right? Well this guide is here to help you make that dream a reality!

Review Yourself

Car Buyer ShoppingNow many people will jump into the car buying experience without putting any prior thought into it, while you definitely can get the job done this way it is probably not the best way. You will want to make sure that you are well prepared for this and know exactly what you are doing and looking for. There are some things that you should keep in mind which will make sure that you get the vehicle that serves every single need that you might need it to. Below is a list that will give you questions that you should ask yourself before you move on with the car buying process.

Things to Know

Above it mentions that you will need to review yourself and here are some of the questions that you should ask yourself before moving on.

What are YOU looking for?

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Buying a New Car

The most sought after way to purchase a vehicle for most people is to go out and find a cheap new car, but holds most people back because of the hefty price tag that comes along. New cars have amazing upsides as long as a few downsides. A great plus is that it is a new car! This means that you will have that wonderful sensation of achievement and also the vehicle should run flawlessly because it is a new vehicle after all right? Also you won't ever have to worry about the shady and very infamous cheap used car dealer because well... you're buying a new car! Then of course comes the downsides the main one will be the loss in value. No matter how well you take care of the vehicle during your ownership of it the second that you drive that car off of the lot the value will drop drastically. Also it will come with a much heftier price tag which will cause you to get financed for a loan. If this means that you need bad credit vehicle loans then you will need to handle that ahead of time before you even head to the dealership that is. Below are some videos of new cars that are available in the market today, this channel puts out many great reviews and will post the channel link down at the bottom, but here are some of their most recent entries.

2012 Ford Mustang GT Review

Here is a great review of a 2012 Ford Mustang GT Review from the consumer's point of view!
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2012 Mazda 2 Review

Here is again another video from LotPro.com reviewing another great new car available in today's market.
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Buying a Used Car

Cheap Used Car SalesmanNow of course buying a new car is not going to be the best choice for everyone. That is when you can look towards all of the different used cars for sale that will be available to you. The options are going to be endless if you take the time to look around. Buying a used car is very similar to purchasing a new car, but there will be some extra things that you should keep in mind when doing this that aren't necessarily key factors in buying a new car. One of the extra things that you will need to do is make sure that before you purchase a vehicle that you are having it inspected by an outside mechanic to make sure that there are no hidden problems with it. Also unlike with the purchase of a new car you will have more room to negotiate with the dealers, but the dealers know this too so sometimes they will add on extra fees that you don't actually need to make back the money. All of this can be avoided by referencing different car buyer resources that will give you accurate information to help you in your vehicle purchase.

Duel Debate Module

Which do you think is better? and why?

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Purchasing a New Car

LaraineRose says:

During my life I have had some success and some very bad experiences with the used cars I purchased. I much prefer to buy a new car with a warranty.

toldyaso says:

If you can afford a new car, then go for it. The warranty and peace of mind that comes with a car that you know for a fact hasn't been run through a ringer is worth it. A lot of car companies have huge sales and drop car prices so low, they're almost as cheap as a used car. So, if you hold out, you can snag a really good car at an excellent price.

gottaloveit says:

I'm a new car girl. I know one can get a great used car deal but not me. I like it all new and sparkly!

TryphenaMaria says:

I have not heard yet about any nice experiences with used cars. At least here where I live.

Rudy145 says:

A new car is way better.

Purchasing a Used Car

says:

A usd car, because when you buy a new car, drive out and lost money

PBJasen says:

Always used. You need a car for going from point A to B,not as a status symbol. With a 1/3 of the price of the new on I can buy a 4-5 year old car. Maybe it's not so obvious, but I always buy used car with a cash. If I want new one, i must take some loan from a bank for example. Now take in the calculation how much money you really need (5 year loan,let's say 9% interest). After this 5 years how much this car really cost you?

AndyPo says:

I always buy used cars, with cash, so I usually get a good price. I suspect good finance deals are easier with a new car, but the depreciation is so huge over the first couple of year it puts me off. Mostly I buy classic cars or future classics which hold their value better (but cost a fortune to run)

lensesbyjames says:

Better deals come with used I think.

Phillyfreeze69 says:

A few years ago purchasing a pre-owned automobile was in the consumers favor and one could get a lot of value for money spent.

Now car dealers has increased the price of "used" autos so much that the value for dollars spent has been eroded...!

 

Get Financed for a Loan

Auto Loan FinancingNow figuring out what type of vehicle you need and are going to purchase isn't all that you need to consider. If anything this step should possibly come before any of the others considering that you need to make sure that you have enough money to afford it. In either way though you will want to make sure that you are thinking about auto loan financing from the beginning of the car buying process. If you know what your credit score is then you will know where you should apply for a loan and if you have good credit that is just about anywhere so you should not be too concerned. If you need bad credit vehicle loans on the other hand then you will want to apply at online auto loan financers to get the loan that you will need. Online lenders will be more than happy to pre-qualify you for a loan regardless of what your credit score may be. Once you have your loan all situated though it will be time for you to finally purchase that vehicle! Hopefully you have learned something and enjoy the new car!!!

Guestbook Comments

  • TTMall Mar 22, 2012 @ 1:54 pm | delete
    Wonderful and informative lens. Very well done!
  • JDWheeler Mar 9, 2012 @ 11:46 am | delete
    Buying a car is the least fun thing in the world. You have made it a little better. Thanks for the tips to ease the pain.
  • AndyPo Feb 3, 2012 @ 1:10 pm | delete
    Great lens. Useful information and advice.
  • LaraineRose Jan 24, 2012 @ 1:25 am | delete
    I enjoyed seeing some of the new cars for this year.
    Angel blessed.
  • bames24 Jan 10, 2012 @ 6:26 am | delete
    very informative lens :)
  • gottaloveit Dec 28, 2011 @ 7:06 pm | delete
    Great information here. Nicely done.
  • squidooGUROO Dec 23, 2011 @ 10:21 am | delete
    Keep it up you're making some nice lens's about bad credit and ways to get loans with bad credit.
  • ionee_25 Dec 17, 2011 @ 9:40 am | delete
    Cool lens. I'll take note of this info, then read it all over again once I already have plan to buy one. Thank you for this lens.
  • Phillyfreeze69 Dec 16, 2011 @ 6:58 pm | delete
    Excellent information on what to look for when purchasing a new or used vehicle...personally, I will not even think of purchasing a used car without obtaining a CarFAX!
  • TryphenaMaria Dec 15, 2011 @ 3:27 pm | delete
    nice article, and very informative.
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acekyle

Hello! My name is Kyle and I have just begun working in the Bad Credit Auto Loans business. I may be slightly new to everything, but am well educated... more »

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