Do's and Don'ts of Car Buying

The Do's and Don'ts of Car Buying

If you’re thinking about buying a new car, you’ve come to the right place. It’s a big deal when you’ve found a vehicle you really love! But while it can be easy to get lost in the excitement of your new car, don’t forget that buying is a big decision. There are several layers of questions to ask yourself before we even get to finances, which is why our team has assembled some common do’s and don’ts for buying a new car to help you. While we can help you decide if you like, here are some do’s to complete before your appointment and some don’ts to avoid in the process of buying a new Honda.

1. Do Know Your Needs

Instead of which vehicle do you want, decide which vehicle you will need. Will you need a spacious minivan or crossover for your growing family? Do you want an environmentally-conscious vehicle, like a compact car or hybrid, that has great gas mileage? Or is speed a top desire, landing you with a convertible or sports car? Whatever your priority is, know it and stick to that car type when shopping.

2. Do Research

Researching your needed car-type is next. A manufacturer’s website is helpful, as well as our own compiled research on new Honda models. If you have a list of desired features (like a specific sound system or leather seating) that are must-haves for your new car, make sure the various makes and models have the items you’re looking for.

3. Do Know How Much You Can Afford

Budgets are a pain to stick to, but they’re the most important factor in deciding which car to buy. Since car-buying is a big investment, it’s important to find one that you can afford, which can be challenging. At Dick Brooks Honda of Greer, generally we suggest putting 20 percent down, keeping your monthly payment below 10 percent of your income and limiting your term to no more than 60 months. But those numbers may fluctuate based on credit and other financial factors. And don’t forget about maintenance costs and insurance! Some higher-end cars are more expensive to care for, so keep those numbers in mind when creating your budget.

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

Negative equity will follow you if you trade or sell a car that’s worth less than you owe on it. If the amount owed on your old car is consolidated into your new car’s loan, you now have the debt of two cars to worry about. Not to mention your loan payment may be more than you can handle. To avoid this financial strain, value your trade ahead of time, or let our finance team answer any questions you may have. We’re not here to sink you further in debt!

5. Don't Rush Your Test-Drive

Take your time! It’s important to enjoy the car you’ll buy, and our team loves long drives in their favorite Honda models. Ask us questions, play with the radio, push all the buttons you can find. Remember that list of features you made and make sure the car has everything you want.

Do's and Don'ts of Car Buying

Interested in purchasing or leasing a new vehicle? Come visit us at Dick Brooks Honda of Greer at 14100 East Wade Hampton Blvd, Greer SC 29651. We look forward to serving our customers from Greer, SC, and throughout Greenville and Spartanburg.

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