Everyone loves their cars. But, no one would say that they particularly like the car buying process. When you consider just how hectic and lengthy the process can get between all the researching, visiting dealerships, and negotiating, it is not hard to understand why.
However, recently, one new medium has arisen to buy apurchasing vehicles. We are referring to the rise in purchasing cars online! And this medium has allowed some of the hassle to disappear.
Let’s face it; this was naturally the next step. After all, according to Autotrader, car buyers tend to spend 59 percent of the buying process online in an attempt to research their preferred models.
If you are considering purchasing your next vehicle online, here are some key tips that will be insightful for you. Furthermore, if you don’t want to buy, you can rent a car from any trusted car rental company.
Table of Contents
Be clear about what car you want
Unlike physical dealerships where you can walk around, examine different cars, and ask the dealer information about different vehicles, online car platforms do not provide the same experience. While they tell you about the key specifications of different cars, the rest is for you to research beforehand.
This is why we suggest you choose an online platform to buy car online after selecting the vehicle of your choice. Ponder why you want a vehicle and then filter options depending on which cars best fit your needs. Get in touch with people with your chosen cars and ask about their experience.
Once you are satisfied, you can even go to a dealership for a test drive to truly examine its performance. Why then would you buy it online, you might wonder? Well, buying vehicles online allow you to avoid haggling with dealers.
According to Bright Local, a whopping 87 percent of consumers read prefer reading online reviews before completing a transaction with a local business. If you aren’t among these 82 percent, it is time you jump onto the bandwagon!
This is because, even if you have an experienced individual within your social circle helping you through the car buying process, nothing can go wrong with surfing the internet and determining if their recommendations are aligned with what the masses have to say.
Also, seek guidance from books like Kelley Blue Book and NADA guides. Such guides are immensely helpful with knowing the estimated cost of different vehicles.
Look into the website you are buying from
We don’t want to spook you, but the world of th web can be quite dark and dangerous – especially if you are a gullible novice. Why? Well, there are too many opportunists out there waiting to scam people. And with investment as big as purchasing a vehicle, you need to be very careful.
Again, the best way to know about the true experience of using a platform is through word-of-mouth. That’s right! You don’t just have to read reviews about cars, but about the dealers you are purchasing from! This is why it is imperative to research websites or platforms you are purchasing from.
Apart from trustworthiness, also look at how smooth the site navigation is. After all, one of the biggest reasons for opting for online purchasing is convenience. The last thing you would want to do is get stuck purchasing from a poorly organized website.
Whenever unsure about the policies, prices, or cars available, use the email or live chat option to get clarity rather than assuming things for yourself.
Look for diversity in payment options
One of the best things about ecommerce is that they tend to offer various modes of payment. This allows people from all across the world to use the service without any hassle.
Since online car buying is still a relatively new concept, not all platforms offer this diversity. If you are planning on purchasing vehicles from methods other than the usual card payment or cash on delivery, then do make a point of looking at the options of the platform before selecting it.
For instance, with the rise of cryptocurrency, some car buying platforms allow payment in cryptocurrency. In fact, some have created their own currency for this purpose! If you are into crypto and don’t want to convert it into fiat money before using it, make sure that the platform you select accepts it as a legitimate mode of payment.
Take care of your finances
This brings us to our next point – regardless of the research you conduct, whether or not you will purchase the car will depend on your finances.
Unless you already have the required amount, you will have to sort out your financing options by visiting your bank or a credit union. Since online dealerships don’t usually accept in installments, you must take care of your finances beforehand.
Don’t forget the vehicle history report!
Once you have selected your car and your online dealership, you should also ask about the car’s vehicle history report. Note that this step is only required if you are purchasing a used car.
For starters, if you are purchasing a nearly new vehicle, its vehicle history report will show a clear record. If you are buying a considerably used car, the report will help you identify the number of the vehicle’s owners and whether it had been in an accident.
This transparency is essential to know if you are giving the right price for the vehicle. In turn, this will help you make an informed decision.
With these six tips, we are sure that you will be able to sail past all the obstacles and end up with the car of your choice. Whether you purchase your dream vehicle online or decide to use the same old route of going to a physical dealer, these tips might come in handy regardless!
So, buckle up and let your car buying process begin!