Be A Wise Personal Property Investor: Know Which New Car To Buy

Next to your home, a mode of transportation is another wise investment that you can make

. The only exception is if you live in a city like New York where its more convenient to take public transport than drive your own car. Otherwise, you need a car that can get you to and from work, and take you where you need to be on a daily basis.

How about Buying an Estate Car?

For those who already have kids, you may want to consider buying an estate car. Also called a station wagon, an estate car has the body style or a sedan, but the roof is extended in the rear instead of its having a trunk lid like regular cars.

There was a time when the popularity of estate cars was displaced by minivans, vans and Sports Utility Vehicles or SUVs. Over the past few years, however, estate cars have successfully made a comeback. Theyre an ideal vehicle if you need to get a group of kids to soccer practice, or if you need a large space at the back of the car to carry a months worth of groceries in.

Things to Remember when Buying a Brand New Car

Be it an estate car or some other model and make of a car that you are planning to buy, there are a few things that you need to remember when purchasing one. Take a look at the following tips:

Do your research prior to visiting a car dealership.

There are a few brands, dozens of models and hundreds of makes to choose from. Once you step into a car dealership without knowing which car to buy, you will definitely feel overwhelmed and not up to the task.

Watch out for unnecessary fees.

Some unscrupulous people in the car dealership industry charge customers with a Doc fee which can range from $200 to as much as $500! This is a totally unnecessary fee. Make a stand and do not buy the car unless this fee is dropped.

If you are taking advantage of a lease agreement, make sure that you have compared the costs with car purchasing.

Car leasing is actually a form of car financing. The only difference is you do not have to make a down payment, the monthly fees are lower and you are paying for the depreciation rate during the time that youre using the vehicle. If you decide to go this route, make sure that you have compared it with car purchasing which may end up being cheaper in the long run/

Be wary about dealing with car dealerships which have a no haggling policy.

Finally, beware of no-haggle-dealerships where you are bound to pay a couple of thousand dollars higher than you would a regular car dealership.

Nothings more exciting than the prospect of buying a new car and by following these tips, you can get the exact model and make of the vehicle that you want without paying any more than you have to.

by: Peter Patker

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