New Car Pre-Booking Checklist
Buying a new car is never an easy task as one would expect. It involves much hectic processes like new car research, brand selection, model comparison, test drive, negotiation and financial arrangements. It is important to make a check list similar to one given below before buying a car.
Finalizing the model and color
Choosing the color and variant is not a simple matter as it sounds like. The color you are looking for may be available only in higher variants or vice versa. Some car makers offer good discounts on some colors or variants or both. In other cases, the waiting period for a particular color may be more than normal. As a general rule popular colors and model come in lesser waiting period and also fetch good discounts.
Offers
Almost all car dealers announce heavy discounts and offers in festival seasons or year end. Timing your new car purchase during this period will save you more money. If you opt for a car loan, papers will be cleared fast during this period due to pressure. Most car makers offer corporate discounts for employees of big companies. Every car dealer keeps a list of companies whose employees are eligible for such corporate discounts. Before negotiating the price check if you are eligible for corporate discount.
Option for cheap finance
If you are looking for a car loan ask the car dealer to help you in getting competitive quotations from many finance providers. Every car dealer has a tie-up with one or many car loan providers and they setup help desk at the showroom. Compare each proposal and option for one that charges low interest and charges. You can arrange car loan with your bank or any other financial provider as well.
Clarify everything
Get everything in writing and clarify all grey areas before singing the purchase agreement or loan papers. Spending some time in clarifying everything in this stage will save you from future troubles. Some grey areas that may need clarifications include:
- Who will bear the price difference between booking and delivery in case there is a price hike.
- Specify the date of delivery without any ambiguity and get commitment to oblige. This will save you in case you need the car delivery on some special occasions such as wife’s birthday, son’s wedding day, etc.
- Cancelation charges if any due to unavoidable circumstances.
- All standard accessories and extra fittings.
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