In our last article, we discussed some of the best pro tips for purchasing a car. As the process can be overwhelming and daunting, we wanted to make car buying less stressful. In addition, we have comprised a list of common car-buying mistakes to avoid. Whether this is your first vehicle purchase or you’re well-versed in the process, these mistakes can happen to anyone. Therefore, heed the following advice and secure your vehicle with a Boston Auto Insurance policy.
Mistake #1: Shopping at one dealership.
It pays to shop around when you’re looking the vehicle you want at the best price. But, you don’t have to do this in person. Instead, visit reputable websites for more information on prices, rebates, incentives, and reviews. Take your time and do plenty of research before buying as this will give you the upper hand. Let the dealerships know you are simply looking and keeping your options open so you can find the one you are most comfortable with.
Mistake #2: Ignoring the online department.
Most people aren't even aware that dealerships typically have an online operation that lets you negotiate a price and make a deal remotely. That's a huge stress reliever for those of us who hate negotiating face to face. For the ultimate in stress-free car shopping, check out Edmunds Price Promise®, which offers shoppers an up-front, no-haggle price, explains Edmunds.
Mistake #3: Solely focusing on monthly payments.
While you might haggle the monthly payment to a number you’re happy with, that doesn’t mean you’re getting the best deal. Instead, you might be paying more for the car and you can wind up with a longer loan period, which means you’ll pay more in interest. Focus on the total cost of the vehicle, not just the monthly payment.
Mistake #4: Failing to do a comprehensive test drive.
Rather than just take the vehicle down a few side streets per the dealership’s instruction, take the car for a thorough spin. After all, you want to see how your vehicle is going to handle and if it’s a compatible fit for the type of commuting you’ll be doing. Bring in a checklist of must-haves before purchasing to make sure there is enough leg room, if it’s easy to maneuver, if there’s plenty of visibility, etc.
About Metro Boston
Founded in 1989, Metro Boston is a full-service independent insurance agency servicing customers throughout Massachusetts. If you’re in the market for competitive auto, home, business, life, and/or health insurance, we encourage you to contact us today at 617-884-5480. We would love to add you to the 4,000-plus clients who have entrusted us with their insurance needs.
Written by Metro Boston Insurance Agency on Mar 16, 2017