6 Essential Tips to Consider Before Buying a Car
Everyone now wants the convenience that comes with having a car but getting one is not like picking a packet of milk from the supermarket. Here are a few essential tips to consider before buying a car.
1. Research the Best Brands and Models
Doing your due diligence with extensive research is an important step when buying your car. There are at least 10 different brands of cars popular in Kenya and if you have been thinking of buying some new wheels then you have quite a variety to choose from. All these different brands have different sub-categories, making it a wider field to choose from.
It is therefore very important to do your research on the brand that you want. Research on the different pros and cons of different kinds of cars before you set out to buy that car.
Doing you research will also help you determine if you can not only afford your dream car but that you can also afford the cost of maintaining it from the servicing, spare parts, security, style and insurance.
2. New Car or Used Car.
So you have narrowed down on the car that you want and you are comfortable with its pros and cons. The second question you need to ask yourself is, do you want a brand new car or do you want a used car. This also requires a bit of research to help you understand the difference between buying a new car and buying a used one.
Through research you will also learn that it is important to have a car inspected before buying it and especially a used one to avoid buying junk. If you buy a used car, it also important to make sure that you have cross-referenced the ownership details. This can be done through the Kenya Revenue Authority and the National Transport and Safety Authority.
3. Review your Budget
Cars do not come cheap so you need to have a clear plan on how you will pay for that car, be it new or used. You may have saved for the car or you could consider taking a loan. If you do take the latter, then you also need to have a plan on how you will repay the loan which is actually a debt.
Having a budget will also help you narrow down to the kind (new or used) and brand of car that you want. The budget should also include all the other fees that will come with owning a car such as registration, the cost of servicing or changing something about the car and insurance premiums among others.
4. Determine your needs and wants
This question is important because it helps you decide on the kind of car you want so that its serves its purpose well.
Do you want a car to move from one point to another? Do you want one for ease of movement for your family? Do you want one for business? Know why you want a car and research on the best one that fits your purpose. This questions can also help you make up your mind. Do you really need a car or not because let’s be honest, a car will bring added monthly expenses, so can you afford it?
5. Compare Prices
We have so many car dealers in this country and most are conveniently online. This research on the different dealers out there will also help you get information on the different incentives they have. For example some are open to trade-ins just in case you are looking to up-grade from your old car.
Some dealers can help you get the right financing for your car and help you with the paper work that is needed. It is however also important to research on the dealer you set your sights on to ensure you are not going to be a victim of a con.
Bottom line is, do you research on every step you take to buy that car to make sure you have made the absolute best decision on each step.
6. Check the Paperwork
Be thorough with the paperwork to make sure that you are legally clear to purchase that car. If the seller is an individual or a private organization, they should provide the proof of ownership by handing a copy of the Original Logbook. An online search with the car’s registration number will give you details that you can verify the information on the Logbook. You can check whether the previous owner has paid the due fees in full and has not forged the chassis or the engine numbers.
More often than not, when a deal looks too good to be true, it usually is. That’s why you should be skeptical of what’s going on during the purchase process. You should also read the terms and conditions and all fine print on any agreement before signing it. Always be vigilant and be a bit hesitant of deals that are too good to be true.