Guide to Buying
New Cars
For: Linda Harris(professor)
By: Kyle Curry(Senior UMBC)
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Table of Contents
Information Abstract ............................................................................ 3
Introduction ......................................................................................... 3
Choosing a Vehicle ............................................................................... 3
Conclusion ............................................................................................ 6
Work Cited ........................................................................................... 7
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Information Abstract
Buying a new car can be one of the hardest decisions to make depending on your preferences.
The dangers of buying the wrong car can be very harmful to you, no matter if it is your pockets
or your safety. Those who have chose the wrong car in the past have lead them to being
financially unstable, unhappy or even dead because they did not do enough research to find out
whether this was the best buy for them. Through research such as websites like CNET, you can
find the reviews of cars that you may be interested in, helping you to obtain the safety reports,
whether they are affordable for you, user ratings, professional car ratings, the gas mileage, and
all the features that may entice you into buying the best car for you. After reading all reviews
and doing all the necessary research, one must carefully consider all criteria in order to pick the
right car and or truck. New car buyers must realize that this is something that will stay with you
for years so it is best to pick a vehicle that you will be content with for years.
Introduction
Purchasing a new car can be both exciting but also nerve-racking. The reason for this is that
most people are cheerful that they are about to buy a new car, but are also a little skeptical on
what vehicle would be the best for them at the present time. At this present time one of the
most important things to research is what the gas mileage is on the vehicles you are looking at
and whether you are suppose to use regular, premium, or supreme gas. Gas prices are higher
now than ever, and buying a vehicle that consumes a heavy amount of gas is not a wise
decision unless you can afford it. Outside of gas prices there are many other different criteria
that must be considered when purchasing a new car. In the following few paragraphs I will
state to you the complete process of steps to take when considering the purchase of a new
vehicle.
Choosing a Vehicle
As stated above there is much to consider when choosing the right vehicle for you and your
budget. One of the biggest problems with car buyers today is that they do not put in a
substantial amount of research before they buy a car or truck. Often people go to dealerships
and get finagled into buying things that they do not want or need just because a salesman is a
very smooth talker who tricked you by giving you all these worthless features that you may
never use or want. If you do the necessary research you can overcome the trickery by knowing
the vehicles that have the features you want and or need, instead of the vehicles that they
want to sell you. A highly recommended place to find even the minutest details about cars you
are thinking about purchasing is CNET.com.
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Screen shot of CNET. Com with a 2005 Toyota Prius Review:
When it comes to you budget this is the way you should save when buying a new car:
Your Proactive Steps to Saving Money When Buying a New Car
1) Create a budget, obtain your credit report, get your car financing in order.
2) Use car buying sites for new car dealer invoice price, new car price quotes.
3) Get financing online before you go to the dealership with Capital One Auto Finance or HSBC
Auto Finance.
4) Visit new car dealers or their web sites to view new car model configurations.
5) Use new car pricing info from FightingChance.com and our new car offer spreadsheet.
6) Negotiate your new car purchase via phone, fax, email, or in person based on our spreadsheet.
7) Close on your new car purchase, avoid needless extras, use the internet to buy an extended
warranty
Outside of the cost, gas mileage, and features you should be very concerned about the safety
when riding in the car that you are thinking about purchasing. In order to find out whether the
vehicle that you are thinking about buying meets your level of safety, you will want to look up
the consumer safety reports of the vehicles you have chosen. The easiest way to find out the
safety ratings of your considered vehicles is by visiting Consumerreports.org, which can be seen
in a screenshot below.
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The last thing to consider when purchasing a new car is making sure this is not the first year this
model came out. My reason for this is often there are recalls and minor defects in the first cars
off the assembly line that can be overcome by just waiting for the same model in the following
year to be released. This will save you from having to worry about many recalls and or lemons
that you may experience in purchasing the first model off the assembly line.
In a recap these are the steps that you should take when purchasing a new car:
1. Find a vehicle that fits your gas mileage and gas grade.
2. Find a vehicle that fits your budget.
3. Find a vehicle that has the features you want and need.
4. Find a vehicle that fits your level of safety.
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Conclusion
Through reading this you can see that purchasing a car is not something that someone should
just jump into. You must consider much criteria before you go to the dealership and make an
offer. If you do not follow the steps in purchasing a new car there is a high probability that you
will not get the car you really want. Many people are impatient, and want what they think they
want when they want it. These are the same people who will be trying to trade their car in for
something different in the following year. This all can be avoided if you take the proper time
and do the amount of research necessary to make a wise decision. Everyone must remember to
follow these steps: find a vehicle that fits your gas mileage and gas grade, find a vehicle that fits
your budget, find a vehicle that has the features you want and need, and find a vehicle that fits
your level of safety, and chances are you have found the vehicle that is perfect for you.
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Work Cited
CNET, Networks. "2005 Toyota Prius Coupe." CNET. 2008. CNET Networks INC. 2 Jul 2008
<http://reviews.cnet.com/coupe-hatchback/2005-toyota-prius/4505-10867_7-31352228.html?tag=prod.txt.1>
Consumer, Union. "2008 Toyota Prius Overview." Consumer Reports. 2008. Consumers Union. 2 Jul 2008
<http://www.consumerreports.org/cro/cars/models/new/toyota/prius/overview.htm?resultPageIndex=1&resultIn
dex=1&searchTerm=prius>.
Consumer, Network. "New Car Buying Guide." CAr Buying Tips. 2008. Consumer Network INC. 2 Jul 2008
<http://www.carbuyingtips.com/carintro.html>
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