Whether it’s your first car purchase or your tenth, starting the process of buying a car can be overwhelming and intimidating. Much like buying a house or renting an apartment, all the relevant questions don’t normally come to you until after you’ve lived there for awhile. When making any large purchases, like buying a car, you need to consider your options and reasoning for making this purchase in the first place. Here are some questions to ask the dealer you see about the cars you’re interested in.

 

1. What are the specifics of the loan?

 

If you can’t afford to pay for a car outright, you’re going to need to consider getting a loan to pay for the purchase. If going through a deal for financing, make sure you completely understand what the terms of the loan are before signing your name. Knowing the interest rate and how many months you’ll be paying on the loan are just good practices. Find out if you can make larger payments to pay down the loan faster and calculate how much you’ll be paying in interest over the years if you go the full life of the loan.

 

2. Can I test drive the car?

 

Most people will test drive the car they’re interested in before making the purchase, but some people rely on the reviews of a car without testing it out on the road. Make sure you get behind the wheel so you know that you’re truly comfortable in the driver’s seat before you make this huge purchase. Even if it gets great ratings, is the right size for you, and you like the car manufacturer, you may drive it and hate the way it handles. Best to get behind the wheel first.

 

3. Do I love it?

 

After the test drive but before you sign the paperwork, make sure you are absolutely smitten with the car you’re about to drive. Often we will make a car purchase because we need a car and it can be a rash decision, but it doesn’t need to be. Contemplate your options and see if you’re compromising something you really want just as a means to an end to get a car. If you love the outside but hate the inside, reconsider the purchase. Once the novelty of having a new car goes away, you’ll be left with a monthly loan payment for at least a couple years. Make sure you are happy before you commit to it financially.

Whether it’s your first car purchase or your tenth, starting the process of buying a car can be overwhelming and intimidating. Much like buying a house or renting an apartment, all the relevant questions don’t normally come to you until after you’ve lived there for awhile. When making any large purchases, like buying a car, you need to consider your options and reasoning for making this purchase in the first place. Here are some questions to ask the dealer you see about the cars you’re interested in.