Friday, September 23, 2011

Frugal Friday - Expert on Cars talks how to save $ on purchase of a Car!

Today I'm so excited to welcome Sean to guest blog about saving $ on cars! Its one of the purchases that are super difficult to make especially when you want a good car thats not going to break down but don't want to spend an arm and a leg for it. M and I are talking about one day getting one those babies above, how cool are they!? Growing up, my Dad purchased most of our cars used and fixed them up for us, and I always remember anything that went wrong with them, he would just amazingly be able to fix. I think that kind of stuff is built into dads:) Sean knows a large amount about cars as he works for an automotive company. He blogs over at cash for cars, a company that helps people sell a used car! Thanks Sean for stopping by!

There are various ways you can learn how to save money on a car. At times, you need some time to make the best purchase. When you save enough money for a car, you must follow a few simple steps that will prepare you for your purchase.

Certain times of the year like the holidays are the best when you want to secure a really good deal on a car. Also, waiting to buy a car is highly recommended because you will get a better price. It is also a good idea to shop around at different dealers.

Another way to save money on a car is to start saving as much of your money as you can now. If you need a car in the future and you do not want to buy one now, start saving. Tighten your budget and save a certain percentage every month. Besides, you may be paying for certain items every month that you do not even need so it’s smart to analyze all of your spending habits. It is also advised to use Kelley Blue Book so you can see if you are receiving a fair price.

If saving money on a car is your goal, then your first priority should be function and not appearance. Spend money on a dependable car that is put together well instead of spending a large amount on a vehicle that is designed well but does not give you reliable mileage. Many people who want to save money on a car choose to buy a used car that is just as effective as a new car but costs much less. Also, a new car’s value will depreciate a great deal right after you buy it, so a used car will be a very good option especially if you want to sell it later.

When you save money, you must learn to be practical. In the midst of buying a new vehicle, it is smart to keep your old one as long as you can. Low trade-in values will make you lose money when you trade cars in a short amount of time. You have to rely on a good, quality car for a long time, so you have to invest well.

People who want to save money on a car have to keep their options open and be ready to analyze all kinds of options. Look at a complete comparison of different types of makes, models, and dealers. Even though doing all of this can be very tedious, it will improve your chances of saving money and you will go home in the car of your choice.

Happy Frugal Friday!! Hope you have a wonderful weekend!!

1 comment:

  1. I think I am going to bookmark this post for my husband. He will be in the market sometime next year.


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