Factors to be considered for buying new car are as follows
a) Checkout the features and quality of new vehicle –
i) Checkout the features offered and additional optional fittings, which suits your lifestyle.
ii) Checkout the quality factors of new vehicle like mileage, fuel storage capacity, option of using alternative fuels like CNG/LPG, also safety features like airbags, antilock braking system etc
b) Ex-showroom price and on road pricei) There is huge difference between on-road price and ex-showroom price.
ii) Ex-showroom price is the basic price which does not include Insurance, RTO registration charges, extended warranty if any and sometimes the Municipality Road tax etc. After adding all these you will get on road price.
c) Use of vehicle
i) Select the vehicle on basis of for what purpose you are buying a new vehicle (Personal use, Commercial use, expected seating capacity etc.)
d) Inspecting the vehicle
ii) Before purchasing the vehicle inspect the vehicle for whether the features are as per your demands or not.
e) Gather expert reviews –
i) Read expert comments and reviews on the vehicle, you are buying.
ii) Do the comparative study with other same class of vehicles to checkout for added benefits.
iii) Enquire about extended warranty as well as regular service contract.
f) Test drive the vehicle –
i) Analyse and be sure that the vehicle has characteristics that you are looking for.
ii) Inspect and feel carefully all the interior and exterior such as bonnet, of vehicle.
iii) Checkout your vehicle thoroughly including braking, electrical, steering system etc before driving at home.
g) When and where to buy
i) Vehicles prices hike up and down often, Ex- Showroom price & tax applicable can also varied as per location hence it’s important to decide when and where to buy a vehicle.
h) Closing the deal –
Vehicles prices hike up and down often, so negotiate the price of the vehicle.
Remember the Actual price of the car may be far less than the Advertised price so bargain as much as possible.