Car Buyers Remorse and Regrets: Tips for Avoiding Buying the Wrong Car

November 5, 2013

New car buyers can fortunately draw on thousands of previous car buyers' regrets to see what went wrong. Consider buyers remorse issues beforehand.

Business emotions - Trouble #3

The last thing car buyers want to have happen when they purchase a new or used car is to regret the purchase later. Especially if you're buying your first car, it's easy to fall victim to a variety of pitfalls that could have you wondering what you were thinking when you made the choice to drive if off the lot. There are a few common regrets you want to avoid when purchasing a car.

Buying a Car You Can't Afford

It's tempting to convince yourself that you can stretch your budget to accommodate an bigger car payment than you can really handle. If you fall into this trap, you're going to end up having to cut other conveniences in order of making your car payment. On top of that, you're risking your credit if you end up defaulting on the car loan or miss payments on other things in favor of your car note. So be careful and choose a car that is well within your price range. It may feel nice driving that spiffy car off the lot now, but you may end up hating it when it's sitting in a dark garage because you couldn't pay your power bill.

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Buying a Car with Mechanical Problems

One of the most important parts of the car buying process is doing your best to ensure that the vehicle you're buying isn't going to need costly repairs. There are a lot of used vehicles out there that have been repaired after accidents or are suffering from hidden problems. It's a smart thing to have a qualified mechanic or a knowledgeable friend or relative check out any car you're considering purchasing before you make a commitment. Make sure that the car you purchase is going to be dependable and last you for as long as possible.

Not Buying the Right Kind of Car

Everyone wishes that they could drive off the lot in that sexy sports car or that big monster truck, but you have to be realistic; your dream car may not be the right car for you during this time of your life. Choosing a class of car that is going to be a good fit for you will ensure that you won't regret your purchase later. Take the time to recognize exactly what you need your car to do: Do you need space for family and friends? Do you often drive off-road or in slippery conditions like rain, ice or snow? What's more important to you—gas mileage or performance? By asking yourself the right questions about what capabilities you need your car to have, you are making sure that you are making a functional and wise choice. After all; you don't want to purchase a car with only two seats if you have two car seats to haul around.

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Letting Yourself be Pressured into a Purchase

We've all experienced it. Shopping around for just the right fit, and all of a sudden a high pressure salesman is trying to get you to make a decision on the spot; you don't know what to do. The most important thing is that you don't let yourself be pushed into a purchase you might later regret. Tell the salesman that he's making you feel uncomfortable and that you'd rather take a moment to think it over. Don't fall for shady sales tactics, like a salesman that tells you he or she can only offer you with a special deal if you buy the car on the spot. If a salesman says that to you you're better off telling him that you're going to go for a cup of coffee and if he wants the sale, he can give you the same deal later. The truth is that he probably will.

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