Auto Shopping 101

Helping you research and buy a car

by Brian Chee
 

Introduction

 

Buying a new car. It's a big investment, financially and in the way your next vehicle impacts your life. Most of us spend a significant amount of time in our vehicles, so it's important to get it right and to realize that things will change when you switch -- monthly budgets expand, convenience and comfort shifts, even your self-image is revised.

Not something to take lightly.
But it doesn't have to be a chore. In fact, shopping for a car should be an enjoyable experience filled with anticipation. It is, after all, a new car - and everybody loves a new car. The gleaming metal, the way the interior smells...it's a special event. All it takes to get to the good part, when you drive away in your shiny new prize, is to remember the "car buying rules of the road".

It's a Buyer's Market
Today's auto market is a car buyer's dream. You have the power, and if you wield it correctly you'll end up with a vehicle that fits your needs at a fair price. Consider:

  • Choice: the supply of new vehicles is greater than ever. This gives buyers significant choice, and power.

  • Price: automakers continue to offer incentives like 0% Financing and thousands of dollars cash-back.

  • Product: increased supply makes for better quality, because automakers have to improve the quality of their vehicles in order to compete.

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