New car prices- walk away with your dream car with these tips!

Cars are a huge investment for most people and the driving factor behind the selection is the budget. The majority of people have a limited budget for spending on new cars and hence the pricing of cars plays a very important role in the ultimate purchase. Many factors influence in deciding the new car prices like competition in the market, the demand and supply need, the arrival of latest models and the economic conditions. Having the latest information about the pricing therefore becomes very vital while shopping for cars.

Cars are categorized by their price range and fall into the economy, mid-range, premium or luxury segments. The prices of these cars further depends upon the manufacturer like BMW, Audi etc or the type of car like diesel, petrol, hybrid or crossover and by the body type like SUV, sedan,  sports cars, convertibles, coupes etc. While shopping for a new car, make car comparisons with various auto traders to get the best deals. Many dealers offer discounts to their customers depending upon the make and year of the car. The internet is also a good place to browse for the best new car quotes and may throw up some very interesting offers.

Although buying a new car is definitely an expensive proposition you still need not go over budget or deny yourself that fancy car which you have been eyeing. If you keep a few points in mind, you can pick up that SUV or that zany sports car without going way above your budget. The prices for cars that are new are lowest on major holidays like Thanksgiving etc because dealers tend to hold massive sales on these days to attract the holiday crowd. Prowling around the showrooms on these days may get you get a better deal than you would get otherwise.

Avoid shopping for cars in-between major holidays as that is the time when prices tend to be the highest. If you do have to shop other than on holidays, then get your timing right and avoid visiting car showrooms on weekends. The weekends tend to be the busiest time during the week and the dealers will be less flexible in their pricing because they have more than one interested customer to deal with. Weekdays are quieter and are the best time for a visit to a car lot. You can look around more carefully and the dealer may be more willing to be flexible in terms of pricing.

Getting an idea of new car prices from third parties also works out well as when you visit the car lot you will find yourself getting less pressurised by sales talk. Since you will already have an idea of the prices you will know how much that model should cost and you can strike for a bargain armed with that knowledge.

Although new car prices tend to be on the higher side, with these tips you can tilt the scales in your favour and walk away with your dream car within your budget.

Learn a few tips and tricks from a good car buying guide

Buying a car does not come easy or cheap. Many cannot pay for the car upfront and have to resort to auto finance to get the car of their dreams. A lot of your hard earned money goes into a car and it is only sensible to learn a few tips and tricks on how to go about buying a car. 

Glossy advertisements and snazzy commercials may make you yearn for that particular car but you must buy the car with logic and not sentiment. Advertisements and commercials can only explain so much about the car but what you need is a good car buying guide so that you know where your money is going in the purchase of that car.  

The budget is obviously the first thing which you must settle upon and you have to see whether you have enough to purchase a car directly. Making a direct purchase is always the better option as compared to auto loans since you save on the interest. Although you may be appearing to cough up a lot of money in the beginning, but once it’s done, you are free from recurring payments. 

Car loans involve a lot of procedure and your purchase may get delayed if certain criteria are not met. However, if there is no other option other than getting your car financed, then you should ensure that your credit ratings are good as this way you will not have to pay higher amounts of interest. And before you get carried away by that zooming beauty and try and stretch your finances to accommodate that purchase give a thought to monthly fuel consumption, mileage, maintenance and monthly payments on your auto loan, if any. Only if these fit in comfortably with your monthly budget should you go for that car otherwise it is more prudent to buy a car within your actual means. 

Very little thought is given to the surroundings in which you will be actually using the car but any good car buying guide can put you right there. The volume of traffic which you see on your regular commuting, for instance, from your house to work, school etc should be a deciding factor in choosing the model of the car. A large SUV is not appropriate for driving through crowded or narrow streets whereas a smaller car will serve your purpose fine.

Buying new cars is a relatively simple procedure as you either go to a showroom or go online from where you can select from different cars. A test ride is mandatory and you can take the car for a spin to see whether it drives well. For used car purchase it is better to make car comparisons from various dealers before settling for one. When buying an old car also make sure that all the car documents are in place.

Purchasing a car is a matter of personal preference but with the proper car buying guide you can ensure that your money is well and wisely spent.