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How to Buy a Car Online - Essay Example

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Summary
The paper "How to Buy a Car Online" tells us about the auto industry. After three years, your car's value decreases to 58% of the initial value. After four years, your car's value decreases to 49% of the initial value…
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How to Buy a Car Online
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Extract of sample "How to Buy a Car Online"

Step One

The first step in buying a car is visualizing the type of car that you want. The step entails knowing the car model type that you wish to purchase, or the features that you desire. Once you decide on the characteristics or model type, go to the internet and search for the particular car type. Various types of cars will be available on the Internet and from there you can quickly pinpoint the car that you want and get full details about it.

Step Two

The next item on the list is to consider your financial capability. Assess your financial ability and determine how much you are able and willing to pay for the car. Estimate a figure for yourself, with a range of the lowest and highest amount you, are prepared to pay for the car. Under no conditions should you go out of this range as it will ensure you do not spend more than you can afford.

Step Three

The next step in purchasing a car is to research online for car dealers near your locality that sell the type of car you want. Searching for dealers near you is advisable as it eases the purchasing process at a later time. Once you have identified dealers near you that have the car that you need, contact them through the Internet or by phone and request full details about the car including the quotation. Thoroughly go through the car details to ensure it has all the features you want.

Step Four

The fourth step entails doing further research on the price and characteristics of the car. You can go to the manufacturer’s website to determine if the dealers are authorized dealers. Authorized dealers tend to give better discounts and also give promotional products as compared to dealers who might be brokers. You must carry out further research on the prices of the car type that you want and compare its features with that of other manufacturers to determine if it is of the right worth. At this stage, you must have a range for the actual car price.

Step Five

Once you have determined the lowest price that you can get for the car, bargain with the dealers to ensure that you get a good price. You must not fear to bargain. You can go up to the level of pitting two dealers together by sending them low quotations from other dealers. At this stage eliminate some dealers who are rather uncooperative or have high price quotations, and single out at most three dealers who you will bargain with later. Once you get the best prices from the dealers move to the next step

Step Six

The sixth step is where you bargain for tradeoffs and financing with the dealers. Ask for the best prices for your trade and do some online research to determine the best trade-off deals for your car. If you qualify for zero percent financing attempt to control the deal to your advantage by evaluating and asking for rebates and incentives.

Step Seven

The last step is visiting the car dealership, having an actual look, and evaluating the car. Once you are satisfied with the car, sign the sale agreement, acquire the keys, and drive off with your new car. However, you must thoroughly go through the purchase agreement to ensure that all your earlier agreements have the dealers adhered to your agreement.

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