New Car Buying Guide


Do you know that certain cars suit your personality and certain cars don't? Do you think that by owning a shiny new convertible, you will be "popular"? Well, if these are your basics for selecting your car, you are in big trouble, Mister! Several points are to be kept in mind before you gear in, else you might need to take a reverse gear!

Brands and Names: Research! This is one word that really helps. Don't always go by what the salesmen say. Just because they say it is the most expensive car, that does not make it true! Research for yourself and know about the power, average, top speed, braking, etc about the vehicle that you intend to buy. It will be very helpful in the decision-making process if you are fully aware of the new technologies. Knowledge about your ride is essential if you plan in maintaining the "sweet piece of machinery" well!

Parking: When taking the decision to buy a car, make sure that you keep in mind the parking space available to you. Very big cars don't fit in smaller parking spaces (duh!). If you live in the city, your block or neighborhood parking availability should be kept in keen consideration.

Testing, Testing: Make sure you take a test drive of the car before you even start considering the purchase of one. You need to be comfortable in the car and "feel good" when in it. It would be redundant to start negotiations for a car that you have never driven.

Terms and Conditions: There are a few terms that you will need to know so that you are not taken for a ride.

  • Invoice Price: This is the initial cost to the dealer. It should include freight expenses (make sure it does).
  • Base Price: The price of the vehicle in basic, without options. It includes standard equipment and factory warranty.
  • MSRP (Manufacturer's Suggested Retail Price): MSRP shows the base price, the price of the options that you select, suggested retail price (by the manufacturer, not you!), transportation and fuel economy. As per the federal law, this sticker is mandatory and can be removed only when the car is sold (by the buyer).
  • Dealer Sticker Price: It has the prices mentioned on the MSRP plus the suggested dealer price, additional dealer profit, preparation charges and undercoating expenses.
Paperwork: Once you have closed the deal, you will see before you, a huge pile of papers that you need to read. In case your dealer has already gone through it, make sure you are not buying something you didn't intend to. Like, they may try to sell extended service contracts, fabric protection, car safety alarms or a LoJack vehicle locator to you. If you want it, go ahead. If not, make sure it is omitted from the documents.

As per Indian tradition, a coconut is broken in front of the new vehicle (on the ground, not the car!) before its first wheel turns, for ensuring its safety. I am not suggesting you to do that, but driving safe is one thing that one can always do. This time round, in your new car, don't drink and drive, follow the traffic rules and avoid zooming without concern. Love your car and it will make sure you love driving it!

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