back to articles | January 30, 2023 | Pat Lee
Categories: Tips & Insights For Car Buying Buying & Selling Cars
5 Mistakes to Avoid When Buying a Family Car
Since a family car is a significant financial investment, it is vital that you make informed choices during the entire car-buying process. Whether you're a first-time or a veteran car owner, these are the five common mistakes you must avoid when securing a vehicle for your family.
Since a family car is a significant financial investment, it is vital that you make informed choices during the entire car-buying process. Whether you're a first-time or a veteran car owner, these are the five common mistakes you must avoid when securing a vehicle for your family.
Not researching properly
Going to a car dealership without thorough research is one of the biggest mistakes when buying a family car. Without proper information, you will be more prone to salesperson pressure and buy the first car you come across. Discuss with your spouse and decide which vehicle type and model best suits your family's needs, preferences, and budget. Focus your research on essential features such as consumer reviews, safety ratings, fuel efficiency, and overall driving performance. If you have children, remember to check the best kid seats available in the market, as you need to ensure that your little ones are safe and comfortable inside the vehicle.
Not setting a budget
Car ownership can be expensive, so you need to choose a vehicle you can realistically afford. Aside from the actual vehicle sale price, you also need to factor in the maintenance costs, insurance, fuel, and other related car expenses. Unless you plan to pay with cash, monthly car mortgages can take a toll on your household budget, especially if you choose a long-term loan. Decide on a figure you're comfortable with and direct your car search within your price range. Utilize all available resources to help you understand the potential impact of the car purchase on your family’s finances.
Not considering the future
Another common mistake of car owners is not planning for the future. If you plan to have a big family, choosing a vehicle that can accommodate all family members is ideal. For instance, getting a seven-seater is more reasonable if you have three children than settling with a sedan or a five-seater. Make sure your chosen vehicle has enough legroom for everyone and considerable trunk space.
Not checking other dealerships
Even if there's a car dealership conveniently situated near your house, it is imperative that you compare vehicles at other dealers. Check three to four dealerships before purchasing so that you have various options to choose from. Going to several car dealerships can help you better identify the car features you're most particular about and increase your chances of securing the best possible deal.
Not doing a test drive
Not doing an intensive test drive is another mistake you must avoid at all costs. Take out the car you're eyeing for a long test drive so you can efficiently evaluate its driving performance and identify potential car issues. Drive at different speeds and test it in various driving conditions. Even if you mostly plan to use the car within the city, drive it on bumpy or rough roads and pay attention to how the vehicle responds. Plan your driving route wisely and create a test driving checklist beforehand.
Buying a family car requires careful planning and thorough preparation. Take note of these costly mistakes and avoid rushing the process.