3 Common Mistakes to Avoid When New Car Shopping So you reside in Seattle and therefore are in the market for a good quality car. You have the money but believe that buying used is the smart course of action on this tough economy. Lets say you want a Honda Civic. With 100 plus car dealerships in the 60 minutes drive or less radius across the Seattle area you can probably find 5000 Honda Civics all in your price range. You need to make a plan. First, youll want to decide how long you are likely to maintain your car. If its likely to be long haul, you should purchase a more recent car, say 2007 or newer. This insures that you receive the top mileage and perchance warranty on the car. No matter what your plan, the most important factor to deciding what car to buy is the mileage around the car. The lower the mileage, for example 30,000 miles or less, the higher condition the engine come in. Also, should you choose turn around then sell the vehicle inside a year or two, the low the mileage for the car, the easier it will be to offer. 1 - First of all, plan your allowance properly. Take note of other expenses also after you purchase the car like down-payment and monthly installment, fuel consumption, maintenance fee, yearly insurance too as road tax renewal. Then, decide on a new car or pre-owned car. The decision is extremely much with respect to the budget you allocate. Unless you reside in an urban (source) area where riding on the bus is reliable, a car is incredibly likely absolutely essential. Consider the fuel efficiency of the current automobile and figure out if your price of future repairs would help you save money in the end, in contrast to trading in and financing a newer model. If your family has grown in the last year, or if you discover youre using a vehicle more to your business, these factors arrive into play. Selling your car or truck yourself is a choice and plenty of folks check it out. Private sales will generally bring higher sale prices however theres something to take into account. If you still owe about the vehicle could you give the difference between the borrowed funds balance and whatever you sell the car for? You will have to as a way to payoff the loan and acquire title towards the new owner, in cases like this you can think about just what it might run you with your own money in cash and just what the dealer would roll into the next loan, does slightly higher payment make more sense than purchasing a vehicle you wont have more? Once you choose to sell it many people will advertise it somehow, Auto Trader can be a popular option for this since they are one of the most recognized name in car or truck sales. 3. Zero Percent Lending - Which should you select? The zero- or low-rate loan or the big cash rebate? If you are paying cash it could be in your greatest interest to only finance the purchase and bank the bucks. In essence, your vehicle lender will probably be providing you lots of money in interest money for your decision. If you lack a considerable downpayment, seeking independent financing in a low rate and utilizing the cash credit is a superb best option too.