Last updated on May 16, 2017 at 02:42 pm
Presidents’ Day marks one of the biggest weekends for the automobile market. We know that many of our auto insurance customers will be walking the lots of dealerships across the state in search of the right car. There are many factors to consider when purchasing an automobile. Here is a brief car buying guide to help you make an informed purchase.
#1 Price and Financing: This is often the single biggest factor for any car buyer. Save yourself time by researching what cars are in your price range and fit your basic needs. Decide what monthly payment you can afford beforehand. Doing a bit of homework can save you from crunching numbers at the dealership.
#2 Size & Type: A no brainer, right? Well, maybe not. With so many models, makes, and options, you don’t want to miss an opportunity you didn’t know existed. Use manufacturers’ websites to see all models and types that may be available to you. Then you can visit just the dealers on your list.
#3 Reviews and Research: This step is crucial to finding the right car. You don’t want to fall in love with what you think is the perfect car only to find out it has a terrible crash test rating or is always in need of service.
#4 Be Savvy: Visit multiple dealerships during Presidents’ Day weekend and let them know you are shopping for a good deal on the right car. They should be competing for your business—not the other way around. Don’t be afraid to leave empty handed. You can always go back.
#5 Enjoy Your Test Drive: Most dealerships have a set course they like to take you on for a test drive. If you feel rushed or that you didn’t get to really feel how the car handles, speak up. This purchase will likely be with you for years. Make sure it is right.
#6 Review the Paperwork: Read every scrap of paper the dealer hands you. Don’t sign anything unless you are absolutely sure the price, financing (if needed), and car are right for you. If something doesn’t make sense, don’t be afraid to ask questions.
#7 Think about Insurance: Your new car will need new insurance. In fact, you really can’t leave the dealership without it. According to a recent study of industry numbers by Insure.com, the cost of insurance for a 2013 model can range from $1,128 to $3,357 annually (with a clean driving record). Insurance should not be an afterthought. If you have any questions regarding auto insurance through Plymouth Rock, visit our website or find us on Facebook and Twitter.
These are just a few highlights to take with you to the dealership this weekend or whenever you shop for a new car. Just remember every circumstance is different so it is crucial to do you research and ask many questions. Good luck out there and enjoy your weekend!
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