So, you finally saved enough to buy a new car. You’re probably thinking, “Well, I can purchase any car I want. As long as it’s brand new and has the best review, I can definitely give myself a great ride.” It sounds too easy at this point, only to find out after a few months that you had left off a few important factors along the way. Now you’re wondering, “What went wrong?” Well, to be fair, there is always a first time for everything. There are learnings and reminders that you’d need to accomplish in order to get a great deal out of a car purchase. With this in mind, we had enumerated a few pointers to consider before, during, and after purchasing a car. These factors would greatly help in terms of finding the right deal and right amount for owning a ride.
1. Before: Do an extensive research on car brands and current prices.
As with all types of purchases, learn to compare prices. Yes, acquiring a car with a well-known brand may be an easy takeaway, but be sure that the brand isn’t the only reason that you’ll be buying a car. Remember that different brands offer various features and functionalities in their cars. Find a ride that will provide you with the best functionality and price. Expensive doesn’t always translate to efficient; consider mileage and wear and tear when looking to buy a car.
2. During: Don’t buy the deal, buy the vehicle.
Remember when we said that expensive doesn’t always translate to efficient? It can also go both ways, meaning that cheap doesn’t always translate to better deals as well. Always ask the question,” What am I going to use the car for?” This will help you a lot in distinguishing which ride/car brand and model would best serve you in the long run. Also consider the frequency of use. How often will you be using the ride? If a dealer offers a cheap promo, try to look for holes within the sales talk. Why are they offering it at a low price? There are always reasons behind every business decisions, and a promo product may be hiding a deficiency in its very own system. Low price and promo may save you a lot at the beginning, only to spend a huge amount on future repairs and inappropriate mileage.
3. After: Insure your vehicle.
After purchasing a car, it would only be natural to take it out on a test drive. You should, however, register and apply for comprehensive car insurance first. Accidents happen in an unexpected manner, and it exempts no one. Comprehensive insurance helps pay to replace or repair your vehicle if it’s stolen or damaged in an incident that’s not a collision. Comprehensive typically covers damage from fire, vandalism or falling objects. Be protected at all times and avoid the hassle of future expenses, after all, you already paid enough for the car purchase itself, so why shoulder the headache of high repair price then?
Speaking of car insurance, you’d definitely go for a full-pledged service that has nothing but your best interest in mind. With that being said, nothing beats Cebuana Lhuillier’s AutoCARE Insurance, a Standard Comprehensive Car Insurance that covers Own Damage (OD), Theft, Loss and/or Damage. Excess Bodily Injury (EBI), Excess Property Damage (EPD), and Acts of God/Nature (AOG/AON). So what are you waiting for? Visit your nearest Cebuana Lhuillier branch now – we assure a fast, easy and secure transaction.