Buying a car can be a tricky process. Most of us have an idea of what we want and how much we want it for. But when we step back and look at everything to consider, not all of us understand the mechanics of what to look for, or what financial options are available. Buying a car is a big step, so we’ve put together a list of questions to consider as you go into the purchasing process.


What kind of warranties (if any) are offered for this vehicle?

This one is mainly for new, or newer, cars. Warranties can be a lifesaver for many buyers. Understanding what you’re getting with your purchase can be crucial. Mechanical fixes, engine guarantees and other perks can come with purchasing a vehicle under warranty. Make sure question-1262378_640you understand the duration and limits of the warranty before buying.


What’s the insurance rate on this car?

Insurance is a tough one. Before buying a car, it’s always smart to check with your insurance provider to see what the rates are. You may be surprised to find the differences in rates from one vehicle to the next. So we suggest getting this information prior to your purchase.


Can I see the CarFax?

For used vehicles this one is a must. Checking the history of the vehicle helps to understand the ownership, maintenance, and care that the car has experienced. Knowing the vehicle’s past helps you prepare for it’s future.


What is the loan term length and rate?

Many purchasers will be financing at least some of the vehicle. Knowing the terms before you sign on the dotted line is crucial. Rates can often times be on the table for negotiation as well, so understanding the rates can result in a better option for the final ticket price over the long run.


Are there any tax credits included?

This one is kind of a bonus. Usually Federal Tax Credits apply to the fuel-efficient vehicles, but it’s always a good question to ask. You may end up being rewarded in the post-purchase process for your choice.


All-in-all, there are a lot of things to take into consideration when you step onto the dealership lot. Asking these questions can bring the potential for you to walk off with a better car at a better deal.

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