How to make a good deal on choice Car

Have you ever thought of owning a choice car with Pocket friendly cost of acquisition and maintenance?. Then consider the following guideline

1. Budget

It's not a good idea to fall in love with a car you can't afford. A reasonable plan is to allocate no more than 20 per cent of your monthly income toward household car payments. This includes things like car loans, car insurance, Fuelling and maintenance.

2. Research

The Internet is an excellent resource for identifying and researching cars that fit into your budget. You can start with the type of vehicle you desire, whether it be sedan, SUV, truck and so forth. Check out various car evaluation websites that not only review vehicles but also show you how much your neighbours paid for the car that you are eyeing. Be sure to include the cost of trim level options, dealer prep and taxes.

3. New or Used?

You can get much more for your money by getting a used car. The problem is that you never know for sure how the previous owner(s) treated the car that you've set your sights on. Services like copart disclose any reported problems, but it's not fool proof. A good compromise is to buy a certified pre-owned car that comes with a factory warranty. Used-car franchises like copart sell vehicles with no-haggle pricing.

4. Financing

If you're set on getting a new car, decide how you want to pay for it. Most people don't pay cash, so you'll need to consider buying versus leasing. Buying is cheaper in the long run if you tend to keep your car until it falls apart, but that requires a down payment and (eventually) non-warranty maintenance.

Leasing is initially cheaper, especially if you can find a no-money-down deal. Payments are lower and you only pay sales tax on the financed amount, but you have to give the car back at the end of the lease period and you get no trade-in value. As silly as it sounds, a lot depends on your preference whether you'd like to drive a new car every few years.

5. Shop Around

You'll have more flexibility if you can identify two or three cars that meet your requirements. You should be able to negotiate a better price from salespeople if they know you're looking at other makes. By shopping around, we also mean that it should include test drives of your final candidates, close scrutiny and inspection of the vehicles on the dealer's lot. If you don't see exactly what you want, remember it doesn't cost extra to order a car from the manufacturer.

6. Close the Deal

If you have a trade-in, do your best to find out how much you can reasonably demand for it. You don't necessarily have to sell the trade-in to the car dealership, although it's probably the easiest way to go. You also don't have to get your car loan from the dealership, and it makes sense to shop around to find the best deal available. Don't be fooled into buy unnecessary extras, like special paint coatings or expensive maintenance contracts.

By Oluduro Tosin

Customer service Executive at Autogeria Limited

For Enquiry ; 08032454949, 0819990999, customercare@autogeria.com

Autogeria limited 26, king George V road, Onikan Lagos Island, Lagos.

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