Do's and Don'ts of Car Buying

The Do's and Don'ts of Car Buying

It can be exciting to shop for a new vehicle, but it can also be confusing. Sure you get to breathe in that new car smell and check out all the new technology. But there are many things you need to consider and some common mistakes that could trip you up. Here at Hunter Hyundai, we want to help make sure you get a vehicle that fits your lifestyle and budget. That's why we've made a list of the do’s and don’ts of buying a new car.

1. Do Know Your Needs

The first step towards finding the perfect ride is deciding on what kind of vehicle best fits your lifestyle: convertible, minivan, sedan, coupe, compact car, etc. Maybe you need a truck for hauling or maybe you want an SUV with lots of space for your family.

2. Do Research

Once you know the type of vehicle you want, make a list of what's important to you. You might want to separate your list into must-haves and things that you'd like but aren't essential. Then, research various models and makes that give you all the amenities and features that you want.

3. Do Know How Much You Can Afford

Setting your budget and sticking to it is often the trickiest part. You may have found the perfect vehicle, but finding one that you can afford can be difficult. When purchasing a new vehicle, it's best to put about 20 percent down, limit the term to no more than 60 months and keep your monthly payment below 10 percent of your income. You also need to factor in the cost of maintenance, as the up-keep for some cars is more expensive.

4. Don't Trade In A Car That's Worth Less Than You Owe On It

You don't want to be stuck with negative equity. The balance of your old loan may be consolidated into the new car's loan amount, meaning you could be paying the debt of two cars in one, big loan. You can avoid this burden by researching what your trade may be worth.

5. Don't Rush Your Test-Drive

It's important to be sure that you like the particular car you're buying and not just the feeling of driving a new car. That's why you need to take your time during the test drive. Ask questions, play with the different features and look around the vehicle. Also make sure the car has enough space for everything you need.

Do's and Don'ts of Car Buying

Interested in purchasing or leasing a new vehicle? Come visit us at Hunter Hyundai at 2520 Asheville Highway Hendersonville, NC 28791. As always, we look forward to serving our customers from Hendersonville, NC, and throughout Asheville, Canton and Saluda.

Do's and Don'ts of Car Buying Do's and Don'ts of Car Buying