3 Common Mistakes when Buying a Car

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Buying a car can be an exciting process but it could also lead to potential distress, especially if due diligence is not exercised. Let's take a look at the common mistakes people make when making a car purchase!

After much thought and days of pondering, you finally decide to get yourself a four-wheeler. You start getting bubbled up with excitement as you come to terms with your decision. But beware! This elation can be your downfall if you don't exercise the right considerations when making a purchase.

Here are 3 common mistakes people make when buying a car:

1) Letting sentiment and emotions cloud your judgement

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You might have seen a car model on the road and thought to yourself, "that's the one I want." You go to the car dealership only with that car in mind and refuse to consider other options and even worse, without taking your finances into consideration. The result? Heavy debt from your car loans that you struggle to pay off. 

Yes, it is important to like the car you're buying. It helps motivate you to take better care of your vehicle and therefore avoid constant repair costs that negligence might cause. However, it's much more important to let your finances be your guideline for what car you buy. There's no point getting that Maserati only for it to be taken away from you because you can't pay the loan debts in the next months. Set your emotions and sentiment aside and find the right balance between what you like and what you can afford!

2) Sticking to one dealership

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There are various reasons why one might just stick to the first dealership they go to. It could be out of convenience and not wanting to travel much to check out other places or it could be the sweet-talking dealer that makes it seem that the one dealership you visit just so happens to be the best dealership in the country.

Always remember that different dealerships have their own respective deals and packages and that every dealer is looking for that good old commission, of course they'll try to convince you that this is the best deal you will get. Do your due diligence and make sure you shop around for the best deal possible. Collect flyers from every dealership you visit and compare what each dealership offers with regards to price and additional benefits.

3) Not going for that test drive

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Buying a car is a big financial decision. Buyer's remorse is an awful feeling which will be compounded when making a car purchase due to just how expensive it can get. It's alarming that 20% of buyers forgo the test drive. It's a chance to get a taste of what you will be experiencing a lot in the coming years so why not? 

Some dealers might not bring the test drive up for two reasons, in order to hasten the sale process or to avoid the chance that you realise you don't like the car and change your mind. Generally, dealerships will agree to test drives so please request for one before you sign on the dotted lines!

In conclusion

These are just 3 points in a whole book of mistakes that people make when buying a car. Many of them are due to human emotions in the buying process or inexperience dealing with potentially sneaky dealerships.

Of course, one way to avoid this is to opt for a third party like Motorist that will help you get the best deals from our wide array of dealerships without all the potential pitfalls that you might encounter when trying to buy a car yourself.

Whatever you choose, as always, stay safe Motorists!

I want to find the highest selling price for my car within 24 hours!

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