You probably have
more money invested in an automobile than in any other asset besides
your home. Since you may buy and sell many cars during your lifetime,
careful shopping and the right choice will not only save you a lot of
money but will spare you many of the headaches acquired by impulsive
car buyers.
SIZE AND FEATURES
What size car meets your requirements?
Consider a smaller car than you would like to have, because it will
probably give better gas mileage. (Fuel prices are expected to go even
higher than they are.) Comfortable seating space is one requirement if
your family travels together.
Adequate storage space may be important.
If you are in a car pool, you may need a car larger than a compact.
A
full-sized car will be more comfortable and safer than a compact for
extensive traveling on the highway.
A station wagon may be the best
choice for the family that travels with small children or goes tent
camping.
A pickup truck has advantages for the family that hauls
materials, and it can be used with a pickup camper.
AMERICAN OR FOREIGN CARS
Should you buy an American car or a
foreign car? There are strong opinions on both sides.
Since most foreign
governments tax cars on the basis of the size of the engine, and since
fuel prices are higher in most foreign countries than in the United
States, foreign car manufacturers and their engineers have devoted more
of their efforts than have American manufacturers to developing smaller
cars with more efficient engines.
Most foreign cars get exceptionally
good gas mileage, a feature that now attracts American buyers. Since the
early fifties, several makes of foreign cars have become quite common
in this country.
Take the time to consider your needs
before you buy a foreign car, especially if it is to be the only car in
your household. The inconvenience, delay, and expense of repairing and
servicing a foreign car may be frustrating and costly, particularly if
you do much long-distance driving.
Volkswagen has done one of the best
jobs of any foreign car manufacturer in establishing dealerships and
parts sources in most areas of the United States. On the other hand, a
foreign make that is not very popular and does not have many dealers and
parts sources can give you almost insurmountable problems if the car
breaks down on a trip.
Even if you only use your foreign car
locally, you will want to be certain that the dealer you bought it from
stocks parts for the car and has a mechanic trained to repair that make
and model. I know someone who bought a foreign car from a dealer who
also sold a well-known American make in a city with a population of
about 100,000. When the car broke down, my friend had to take the car
about a hundred miles to a larger city in order to get the needed
repairs.
New- and used-car dealers are aware of
the difficulty of getting parts and service for certain foreign cars and
they may offer you far less than you expect when you try to trade in or
sell one. On the other hand, certain foreign makes, such as
Mercedes-Benz and Volkswagen, hold their value well; the little-known,
unpopular foreign cars tend to depreciate more rapidly.
ACCESSORIES
Choose accessories carefully. Automatic
transmission is easier to drive, but it costs more to operate than a
manual shift; fuel consumption is higher, and the transmission service
and repair is more frequent. Power steering and power brakes may help
the senior citizen whose reflexes have slowed or the man or woman who
does not have much strength; but here, too, service and repair are more
frequent.
Many other accessories are available for
your consideration. Some are merely cosmetic, others make sense
depending on where you live and what your needs are. Tinted glass will
reduce the amount of heat in a car and is recommended if you buy air
conditioning. The list of
accessories available for most cars is
endless, so do not make decisions impulsively in a showroom. Take the
list home and scrutinize it carefully at your leisure. Free from a
salesman’s pressure, you will make more rational and less costly
choices.
TRADE-INS
If you are like most new-car buyers,
you’ll be trading in a used car and you’ll want the best price you can
get. What can you do to make sure your car brings the top dollar? The
appearance of the car is important, but a dealer or private party will
not judge a book just by its cover.
A fresh paint job looks good, but if
it is hiding body damage it could hurt the sale, and a sloppy paint job
definitely will. If your car needs repainting, a quality paint job in a
professional shop should pay for itself by increasing the worth of the
car.
Keeping the car clean and waxed is the
best protection against premature paint deterioration. The car should be
cleaned and polished inside and out; clean the upholstery with shampoo
and make the glass and metal surfaces spotless.
Engine condition is the next thing a
potential buyer or appraiser is going to examine. The ease with which a
car starts is extremely important, so invest in a tune-up or a new
battery or whatever is necessary to achieve it; having the battery
charged may be all that is needed.
Smart buyers usually want a mechanic to
inspect a used car, and a car dealer definitely will have his mechanic
look over your car. Before approaching a dealer, you might have your own
mechanic check over your car and take care of defects, such as an
obvious oil leak, that can kill a sale or lower the trade-in value.
A gauge that is not operating or a
burned-out light bulb will signal trouble in the buyer’s mind and
diminish the car’s value. It may cost only a few dollars and take a
small amount of your time to repair or replace such small items.
The
trade-in value can be increased by as much as $500 when a car is put in
top shape. Incidentally, you will probably get more money for your car
by selling it to a private party than by trading it in; an advertisement
in the classified section of your local newspaper will bring interested
callers.
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