According to recent research, it takes around 2 months for an individual to research and look for a new car. Especially when it comes to buying a new car for the first time, the experience can be overwhelming. After all, you will be dedicating a large part of your savings to buy it. So not finding the best one will be nerve-wracking. Therefore, you should buy a car that fulfils your needs and is also in coherence with your lifestyle. In this feature, we will shed light on the best tips to consider when buying your dream car:

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  Cost of Ownership

Unless you have consulted a professional car dealership, you must acknowledge all the expenses that go on in keeping a car running. Bear in mind, car expenses should be around 20% of your monthly budget, even more, if you travel a lot due to work or stuff. 

So if you decide to buy an expensive car, you will have to dive into every detail to know if it’s worth spending money on or not. Therefore, we recommend you to look for a car that is affordable, fuel-efficient and requires little maintenance. 

• Do Your Research

Before you consult family and friends, it is best to do your research. After all, the market is flooded with a plethora of models. The technological factors are essential, such as the backup camera for safety, so they will influence your final decision. 

If you have enough experience of driving cars before, you can look for a similar model online. You must go through each of the showrooms presented online and compare the same model being advertised on different platforms. 

• Resale Value

Simply put, the resale value of the car is important when you don’t need it and have to sell it. If you buy a conventional model from the market, it will depreciate much more quickly as compared to an expensive car. If you don’t know, the resale value of a car is calculated by going through the maintenance condition, mileage and operation environment. 

As a buyer, you can save a lot of money by taking interest in a car that has a high resale value. Now is the best time to check the resale value of the car and see if it’s worth spending money on or not. You can also check with Nissan dealer to know about the difference between the prices of different cars. 

• Financing

In order to find the best price for your car, you will have to compare different prices after talking to the dealer. Here, you can also do the research yourself and see what’s available online. One of the easiest ways to get the desired price is to not ask for it. 

As a rule of thumb, you should visit the showroom, go on a test drive and once you’re in it, only then should you begin bargaining for the final price. Take some time out from your routine and check out the ones being sold out there.

Also read Tips to Consider When Buying Your Dream Car