5 tips for first-time car buyers

Buying your first car is an important milestone. There is a sense of pride and accomplishment that comes with this event. However, there can also be feelings of fear and hesitation. After all, you can't return a car a few days after you purchase it if it no longer pleases you. For that reason, first-time car buyers should keep the following tips in mind to assist them through the process:

1. Research is important  
Just like you wouldn't walk into the SATs without studying, you shouldn't walk onto a car lot without doing research. Fortunately for you, the internet has made vehicle research easier than ever. There are plenty of websites dedicated to helping you compare different models, and there are even sites that will help you determine your budget. 

2. Weigh your financing options 
With the exception of a very select group, few people have the amount of cash needed to buy a car outright. If you aren't one of these people, you'll need to decide how to finance your purchase. Keep in mind that if you don't have an established line of credit, it could be difficult to obtain a car loan. A co-signer can make this more feasible. Good dealerships will have a financing department to help you, as well.

3. Consider insurance rates 
While you might have a burning desire to buy that Porsche or BMW, the insurance rates on higher-end vehicles can be pricey. Make sure that you choose a car that will fit in your budget even after it's insured. Your financial advisor or an online budgeting tool will help you plan for this.  

Buying your first car is an exciting experience, especially when you make an informed purchase.Buying your first car is an exciting experience, especially when you make an informed purchase.

4. Don't skip the test drive 
No reputable dealer should ever ask you to make a car purchase without taking a test drive. This is your opportunity to make sure there is nothing obviously wrong with the car while driving. More importantly, a test drive will tell you if the vehicle is one that you will enjoy driving for years to come. 

5. Work with a reputable dealer 
Unfortunately, there are some car dealers who will try to take advantage of first-time car buyers. When choosing which dealership you want to work with, look for two qualities: transparency and reputation. In terms of transparency, the dealership should offer clear, concise contracts and helpful salespeople. The dealership you select should also have a proven track record of excellence. Read online reviews and talk to previous patrons to make sure they have impressed their other customers.

Get excited! You're thinking about buying your first car. While it's normal to feel some nervousness, hopefully this article made you feel more prepared. If you follow the advice above and do your research, you should find that the process is relatively smooth. 

For more car-buying advice or to shop for excellent used cars, visit the New Jersey State Auto Auction website today.