Welcome to another year! Is this the time you need a new car? Many of us have driven our current rides literally to the hundred-thousand mile mark - primarily out of necessity, given the state of the economy - and for some the cars just can't hold on any longer. Surprisingly, though, one can still get a decent trade-in on an oft-used vehicle provided it's cared for. We recently traded in a sports utility wagon with 105,000 miles for a newer model, and actually came away with a lower car payment! If you know where to shop, you can start 2012 off right with a new or nicely pre-owned car.
Therefore, why not take this time to reflect on car resolutions for 2012. If you need a new ride for the new car, you will want to shop smartly, not necessarily quickly. As you outline your New Year's goals, keep a few in mind related to your auto search:
1) Don't buy the first car you test drive. That is, of course, until after you have tested others and decided the first one is definitely the car you want. An automobile is a big purchase, and not one to be made on the fly. Yes, you may have dreamed of owning a specific model for years, but if that particular car is not attainable at the moment you shouldn't deprive yourself of other choices. Shop around, and note the good and bad points of each car you test.
2) If you feel you aren't offered a good trade in value on your present car, wait. More than likely you plan to trade in your current ride to help pay for the new one. You'll check the Blue Book value and see what the dealership will give you in exchange for your business. If you feel what you are offered is too low and doesn't help with the monthly payment, there's no reason to settle. See what other dealerships are willing to give you, then make your decision based on that information. More than once my husband and I have walked away from a car dealership because they wouldn't budge on the trade-in. We simply shopped around until we found a number we felt was fair.
3) Make sure the whole family is on board. If you are married with kids, buying a car can be a family affair. You may have your eye on that shiny, fire-red two-seater with the moon roof and satellite radio, but if you can't get the kids to school in it, it's may not be a wise investment. This doesn't mean, either, that you must settle on the minivan. Look for efficiency, functionality, and beauty...and get everybody in the house to agree on it.
When you take your time and shop smartly, you can start 2012 off right with a great new or pre-owned car.
Kathryn Lively is a freelance writer specializing in articles on Virginia Beach cars and Norfolk used cars.
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