When buying a new or used car, there are many things to consider before making your decision. A new or used vehicle is a big commitment, and you have to be ready to live with it for years to come. There are many options in the crowded car market these days, and you need to be sure you not only know what you want, but know what you need as well.
- What do you use your car to do? Whether you are a soccer mom having to transport the whole team or a construction worker transporting materials, you need to consider how you will use your car. How many people do you have to carry? Do you need towing capability? Is your commute long? Do you want good gas mileage? It is important to consider all of these before you buy a car for its style or hype.
- How much can you afford? This is obviously important because it is the most prominent constraint on buying. A good rule of thumb is to not spend more than 20 percent of your income on your monthly car payment. Edmunds has a nice guide for evaluating your expenses. Furthermore, it is important to consider the long-term cost of car ownership, from repair, to insurance, to routine maintenance. Therefore, some cars cost less in the short run, but have far larger long-term ownership costs.
- Have you examined your options? It is important to consider all cars in the class of car you end up choosing. Each has its strengths and shortcomings, and it is important to know your options. Internet research beforehand is key to building your knowledge base. Trusted sites like Edmunds or Car and Driver can help you sort through the multitude of cars to choose from.
- Test Drive This may seem like the most obvious of all actions in choosing a new or used vehicle that’s right for you, but many don’t know how to test drive a vehicle. It is important to test drive the vehicle in the conditions you are going to be using it. Remember, you will have this car for at least a few years, so make sure it’s comfortable for your needs.
Choosing the right car for you is no easy task; the multitude of new and used cars on the market is overwhelming. However, with a little consideration of the car’s purpose, you will be well on your way to making the right choice. For a wide selection of quality pre-owned cars and used luxury cars, come visit us at My Carman. We have the best prices in the Arlington and Dallas-Fort Worth areas, offering hundreds of certified pre-owned cars.