April 28, 2010

There are many things that you must consider when buying a new car. Most will have to do with the car itself such as what model to buy, the options you want to add, and the price of the car. However, there is one thing that it always pays to check out first, and that is, who are you buying the car from.

Dealers

Perhaps more important than the car you buy, is who you buy it from, what character they have and how they do business and treat customers. No matter what kind of car you are buying, it is possible that something will go wrong and you will need to call the dealer to fix the problem for you. If the dealer is honest and puts pride into satisfying his customers, you will have your problem solved quickly and you’ll be on the road, enjoying your new car in no time. If, on the other hand, he is only interested in getting paid and wants nothing more to do with you, then you could have a serious problem on your hands.

Be Aware

If you are calling a number of dealers to find out about the availability of a particular model, use the opportunity while on the phone to try and get a feel for the dealer. Ask yourself the question, ‘is this someone I want to do business with?’ If not, simply call another dealer.

If the sales person is in anyway impatient or pushy, perhaps you should be thinking about going elsewhere. If you are not completely comfortable in the environment then there is a higher chance that you are going to buy a car you don’t want, you’re not going to have a proper chance to weigh up all the advantages and disadvantages, and you are going to be reluctant to deal with the seller again if you have a problem.

However, if the dealer is relaxed and open, listens to your thoughts and needs and tries to help you find the car you want, there is a much better chance that you are going to leave with a car you actually want, and are not going to be pushed into making a rash purchase.

All purchases involve a personal relationship of some type between buyer and seller and there must be an element of trust if the transaction is to be wholly satisfactory. So when you’re thinking of the car you want, the financing, the insurance and all the other things that go with buying a new car, add to your list the salesperson and make sure you are dealing with someone you trust and are comfortable with.

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February 27, 2010

I have notice that keep on changing new car has become a trend of todays life in city. People keep on switching to new car for no reason. It seems like car has become a way for people to express and show their status. Every year there are so many new car models coming up. So they keep on changing the car whenever they saw some new models that they like.

I had even heard people saying this: Since I need to pay for my installment every month, then why dont I switch to a better new car? It seems like paying car installment has become part of peoples routine life where if they dont pay for the installment, they dont know what to do with the money. Maybe people have forgot that they dont have to pay for car installment if they dont want to.

I know that I may offend a lot of people by saying that buying a new car is not necessary. However what I am saying is not that you cannot buy a new car. But when you wanted to buy a new car, think about why do you want to buy it. Is it neccesary? Do you want to buy it because you need it? Or you want to buy it simply because you wanted to show off to people that you are rich. Do you buy the car to boost up your ego?

For me, I only buy a car when it is needed. When I say needed, I mean that I really need the car. Not for no reason, not for showing off purpose. If my house is located at an area where I have no access to public transports, then I will consider to buy a car. If my old car has too many problems, then I will consider to switch to a new car.

Currently I have a car of 5++ years old. I have no intention to change a new car right now as my current car is still in good condition. I plan to use the car for at least 10 years if the conditions are ok. Actually the car is currently used by my wife to drive to work. For myself I am actually taking public transport (LRT). I have no intention to buy a second car although there is no problem in getting one financially.

With this I can save at least RM1000 per month. I would rather leverage this RM1000 per month for other purpose for example paying extra for my house loan. This way I can finish my house loan faster and reduce the interest. Why do I want to increase my expense to somewhere that I dont really need. I can even use the extra money to do some investment. This will improve my financial situation.

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Should I Buy From A Used Car Dealer Or Privately?

Buying a used car from a dealer or buying it privately, which is the best?

Both have their pros and cons and these should be weighed up against the other before any decision is made.

Firstly, going with a dealer you will have a wider choice over the cars on offer, certainly more than you would by going privately.

When buying from a dealer the car will have been cleaned and any faults will have been corrected and it will come with some sort of warranty. When purchasing privately you will be liable to fix any corrections and have to valet the vehicle yourself, plus you will have no comeback if something serious goes wrong within the first year.

Going with a dealer gives you plenty of time to check the car over in perfect lighting conditions; however you might feel rushed or pressured when looking a car over privately.

A dealer usually wont mind at all if you wish to bring in your own expert to look over the car as they will have nothing to hide. However when going privately it could be harder for you to get an expert to look over the car with you.

Dealers also can offer finance often with high interest charges but this still gives you the option of finance which may be beneficial to you. With a private seller, you will need to pay the money in full.

The downside to buying from a car dealer is that the car could cost you more than by buying privately. Also, you wont be able to interrogate the owner of the car through a dealer however when buying privately you have the opportunity to do so.

It really is all a matter of which you prefer as there are good and bad points either way, but the above tips will hopefully give you a better idea of which way to go when looking for your used car.

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