MANILA: We heard that you are planning to buy a new car and let us tell you that's a great decision – as the Filipino auto market is booming, with many brands launching some great cars. The cut throat competition has given rise to few excellent cars loaded with advanced technology in a reasonable price. But the dilemma is, in this pool of great cars which one is suitable for you. Buying a new car is not as easy as you think. Before zeroing on a car – there are many steps that you have to undergo to ensure you are buying an excellent cars that you will cherish for years. Having money is not enough, insight of auto market is a must so that you don't regret buying the wrong car later. If you are shelling out extra bucks, its highly advisable to be to consider other aspects of the car – not just model or money alone. Remember the auto market is a buyer oriented, and you should be the one taking control of the situation, making choices and sticking to your decision. The haggling and the negotiation can be stressful, but if you are prepared in advance, it will become a piece of cakes. By following these simple tips, you could easily buy your new car without regretting the decision later.
The key is to take charge of the whole buying decision and to do that with ease, it is important that you complete your homework beforehand. The first thing to do is decide the budget range, it will help you to decide the car models and not end up paying extra. After narrowing on the price, it is time to figure out the car that meets your needs. Depending on your use of the vehicle, the size of family, budget, features and other specifications make a selection. CarBay presents the list of car attributes that you should pick before deciding on a car model.
If you are planning to pay in cash, then great, you don't need to go through any other hassles of taking a loan of other methods of financing your car. If you are planning to buy a car through EMI, then you need to figure out the interest rate of the car also the down payment percentage and which dealer is offering the lowest interest rate on EMI. Usually in Indonesia, the dealers take 20% of the car total value as down payment so you need to keep that in mind too. Also, you have to calculate the price of Sales Tax on Luxury Goods (PPnBM) and annual taxes. If you are taking a car loan, ensure to compare the financial institutions before deciding on one. Don't just blindly believe of zero interest policies, compare the price of the cars and find a trusted financial institution that gives the best deal with low-interest rates.
After selecting the car model that you want to buy – whether the new car or used car, the next step is to take a test drive. A test drive lets you experience the car, checks its driver ability and detect for defects if any. A test drive is a crucial task one that will let you decide whether the car fits your requirements or not. Take your car for a stroll and analyze the engine performance. Next step is to change the gears and analyze whether the transition is smooth, check the car on its speed limit, on turns examine if the steering feels heavier. No matter how good we are in judging a car – an expert in indeed an expert. It is always advisable to get a professional opinion before locking the deal.
After successfully following all the prior tips, the last and probably the most crucial thing to do is to apply all your research and narrow down a dealer or showroom that you want to buy your new car from. Bargain, bargain, bargain till you are blue in the face to get the best deal. Often dealers apply extra cost on car's features and increases the on-road price. Check all the extra costs, applied by dealers to ensure you don't end up paying extra bucks for the things that you don't desire. You can also purchase a car online, but often buy online can be risky, therefore, ensure you buy a car online from a trusted site and only when you are getting the best deal. The last thing to do is get your car insured. In Indonesia, car insurance is not mandatory, but if you are buying a car on credit that insurance is a must. Also, car insurance has become a must with the increasing rate of accidents and theft. To know all about car insurance, read.
By following these simple tips, you can be sure that this tedious process of buying a car will be a piece of cake and you will get your new car in a great price.