Who doesn’t want to own their first car while still in college? Take a quick survey of yourself and other students around you and you will find that their feedbacks lean in one direction. Almost everyone believes that owning their first car in college is a dream achievement.
It does not really matter whether you are looking for the latest brand or model or just looking for a simple car that can take you from one point to another. There are key tips and tricks that you MUST follow if you wish to save enough time and money and get that car while still in college.
1. Do your research
Research is everything when it comes to anything touching on money. So, if you are not looking to spend a lot more money on maintenance and repairs, do in-depth research on the vehicle you are looking to buy. See how the vehicles in your shortlist fare in terms of resale value and reliability. Then run this down your list and make an appropriate choice. You can also carry out an intensive research on the financing options you have, Lendgreen loans offer a fast and reliable financing option in case you are short of cash.
2. Don’t fall in love with any brand or model
The moment you fall in love with a particular car, your ability to make informed decisions and get a good deal gets compromised. Chances are that you will accept initial terms and conditions in an effort to secure the car brand or model.
3. Compare everything
Before you make the final decision, ensure you compare everything from the makers to the models, offers, auto rates, etc. Remember, knowledge is power – use it to your advantage. This will enable you to have more control when negotiating to cut some bucks off the actual price.
4. Do not believe everything they say
By ‘they,’ we mean the sellers and dealers. These guys are in business and are looking to make a sale at the end of the day. And for that reason, can choose to tell you exactly what you want to hear to get you more intrigued on a specific car. Even if it is not the perfect one for you. So, if they tell you that the offer they have on a particular car expires today, do not fall for it. Remember, you have the upper hand here, and more negotiating power than you know.
5. Drive before you buy
Ensure you test drive the car that you intend to buy before you buy it. You will find that even the new cars have a different feel to them when driving. So, test driving all of the cars that intend to choose from giving you the feel of the best vehicle to purchase from the list.
6. Get into the dealership like an hour before it closes
The whole process of completing the purchase of a car, be it new or used, takes about 2 to 3 hours. So, going an hour before the dealership closes may force the dealers to accept deeper discounts so that they still manage to close on time. Everyone is eager to get home at the end of the day, and if a decent offer is what will do that, then you may very well get it.
7. Older vehicles may yield deeper discounts
It costs the dealers a lot of money to keep cars on their lots. So, if you take a look around for the older-aged vehicle and check their stickers, you will notice a pattern. Their prices keep going down. And you can use this to your advantage to squeeze even deeper discounts from the dealers.