Buying a new car checklist

Do your research

Don’t go into a car dealership and buy a new car without doing your research. Here are some questions to ask yourself before deciding on a car:

• What kind of vehicle do I need? (SUV, minivan, small car, etc.)
• What brand of car I’m going to buy?
• Are the reviews of the car positive?
• How much is it?
• What is my realistic budget?

Know how you’re going to finance your car

How you finance your car will be based on your current financial position. Find out your credit score to make sure that you qualify for a loan. Check what options and features will suit you best. Know the type of car loan you’re going to get (variable, fixed, secured or unsecured)? Try to get your car loan pre-approved by your lender, and know how much your car loan amount and interest rate will likely be.

Inspect the car inside and outside

Before you take the car for a test drive, check the car's features. Is the space inside big enough for your family? Is there enough cargo space? Are the seats comfortable? Are you happy with the stereo, the air conditioning, sensors, USB ports, any navigation devices and reversing cameras? Inspect the inside and outside of the car to see if it has everything you’re looking for.

Test drive the car

Get behind the wheel and take your time. Drive the car on different types of roads and in various traffic conditions, and try reverse parking. Can you clearly see everything from the driver’s seat? Are there any blind spots? Let the dealer drive so you can sit in the passenger seat to get a different perspective of the car.  

Check the warranty of the car

Understand the coverage of the warranty, and the terms and conditions. Always ask if there are limitations on the kilometres it covers. Are you going to get a new car statutory warranty or just a manufacturer’s warranty?

Final word

After going through your checklist, give yourself some time to think and decide if you really want to buy the vehicle. Don’t sign anything yet if you don’t feel 100% sure that you have found the right car. In short, buying a car is a big purchase that shouldn’t be taken lightly.