How to make sure you get the right car

From car enthusiasts to those who reluctantly go to the dealers because they need some - any! – This type of transportation, many people do not know how to ensure that they get the best price when buying a car.

From new or old, to leasing or financing, to low mileage or high mileage, these arrangements are sometimes daunting for everyone, except those with intrinsic knowledge. Therefore, Honda West hopes to take this opportunity to share some suggestions with the car buyers to tell them what factors to consider when you need or want to buy a car.

Choose the vehicle you need

People tend to like large cars because of their assumed safety and obvious utility advantages. But the cost of owning a bigger car must be taken into account. Even though both are technical SUVs, a larger version, such as the Honda Passport, will have an operating cost of up to $800 per year compared to Honda HRV (operating costs, including fuel, insurance and maintenance). Now, draw the purpose of what you really need this car: Are you trying to find a perfect car, twice a year, you need to pick up relatives from the airport? If HR can meet your daily needs while still providing you with a passport, is this availability worth the extra operating costs of your family budget?

Is the budget friendly?

Set your budget within a range that you can afford. If you pay all the money in advance, don't spend all your savings. If you are financing your new car, can your family budget include the down payment and the monthly payment for the vehicle you want? If you calculate the amount of payment, they let you close to the upper limit of your monthly income, you may want to see a car with a lower monthly payment.

Is the new car still used?

If your budget is tight, you will choose a used car - there will be more in the future. But if you have some breathing space, both new and old are good, and every buyer should know.

The biggest problem with considering a new car is the comparison between the depreciation and the funds owed by the financing plan. Expanded finance has been widely used, and many people have chosen a seven-year return plan. These are good choices for those who foresee all paying for the car; but if the goal is to replace the car with a new car in 3-4 years, people should be wary of the loan discount. This means that your remaining balance will be added to the new loan, which may give you more assets than the new car, which is called a negative asset.

Second-hand car

A lightly used car seems to be a good deal; after a year, a model with a current mileage of less than 20,000 kilometers can enjoy a discount of about 20%. However, the financing rate of used cars has never been as low as in new cars, so although the sticker prices are attractive, your monthly payments may not be so different.

If you decide to buy a used car because the overall debt is low, make sure you have an independent check or the dealer has certified it. Certified used cars (CPOs) come with a premium, but it is often worthwhile for buyers to accept them.

Although people want to buy a car that has been used recently, beware of one or two old cars with a high mileage – they may be discounted services provided by the rental company, and the rental company does not have to report damage to the vehicle.

Always negotiating

One way to ensure high prices when buying new products is to buy them at the end of the year. This could mean the fiscal year and the dealer's time to start receiving vehicles for the next model year. In both cases, the dealers want to empty the previous year's model and make room for the next year, which can save a lot of money!