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ASPECTS TO TAKE INTO ACCOUNT BEFORE BUYING YOUR FIRST CAR

When these are different, it is unequivocal proof that the car has a repaired blow, which possibly unbalanced (even if only a little) the soul and was straightened out. Also do not forget to check under the fenders and verify that there are no wrinkles in the frames, the points of attachment of the shock absorbers and the suspension.

Define your needs

What will you need the car for? How long do you plan to have it? Evaluate your lifestyle and the conditions under which you will use the car. It is not worth buying a sports car or a Jeep if you are going to use them in a city; for a city like used cars in raleigh it is more useful to buy a compact car. However, if you want the car to go on a trip from time to time, then maybe a truck with a large trunk might suit you; In addition, the van can be used as a bed when you do not have a place to stay

Characteristics of the car

Given your needs you must define what do you need in your car? Which aspects do you prioritize the most? Compare between different cars what is most important to you.

  • Size
  • Automatic or standard
  • Electrical or mechanical system
  • Fuel consumption
  • Safety: airbag and brake type
  • Air conditioning, stereo, computer and video
  • Maintenance costs: some models are more expensive or cheaper to maintain depending on the brand and its accessories
  • Cost of insurance: varies depending on the model and your geographical region

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Your budget

Determine a realistic budget for the purchase of your car. Analyze your income, expenses and savings and calculate how much money you can allocate per month: first to save for the down payment and then to pay the installments of a loan. Keep in mind that the real cost of a car also includes secondary expenses: insurance, maintenance, gasoline, verifications, parking, etc. If you do not take into account those aspects, at the end of the month, your portfolio will suffer enough those expenses.

Check your credit history

Having a good credit history will help you get better credit (lower interest rates and more flexible monthly payments). If you do not know if you have a credit history or what it is, we recommend you read: All about the credit history you have always wanted to know and are you in the credit bureau?

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March 24, 2019