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Three Things You Should Do Before Buying A Car

Three Things You Should Do Before Buying A Car

Posted On 11 May, 2018

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Buying a car is one of the biggest decisions in life. So, it’s no wonder that buying a car can also be an intimidating prospect, with an infinite amount of options in front of you, and a long list of things to be taken care of. Everyone wants a comfortable, reliable vehicle after shelling out a lot of money, and no one wants the feeling of being cheated at the end of the transaction. Here are the top three things that you should do before buying a car:

1. Research your cars: Don’t just drop into a dealership to buy the car. Do your research thoroughly before taking any action towards your purchase. Do you want to buy a new car or a used car? While a new car may offer new features, used cars are cheaper. With the steep depreciation in cost of a new car soon after purchase, buying used cars offer great economic value. Hertz Rent2Buy offers used rental cars with complete service history and full maintenance of parts, which gives you a driving experience just like a new car. You should also select the model you plan to buy and read the reviews on car websites and customer forums.

2. Plan your financing: Direct cash payment is the best way to pay for a car, but not the most feasible plan. Most buyers have to consider how to finance their purchase. Review all your options, and do not blindly accept the dealership’s financing scheme. Check with your local banks and credit unions, find their financing scheme and compare them with the dealership scheme. Plan your finances well ahead of the time of purchase so that you don’t get stuck at the last stage and have to settle on a financing scheme which causes you sleepless nights.

3. Check your credit score: Your credit score determines your loan worthiness, and what your loan will cost you will depend on your credit history. Don’t wait till you reach the dealership to find out your credit score. Getting your credit score before time will allow you to resolve any credit score errors and prepare for your loan application.

Take these steps to ensure a smooth buy or visit Hertz Rent2Buy to begin your used car search and get the best support!

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