Knowing the depreciation factor
Well, it's a fact that the moment you take a car for a test drive, from any of the showrooms in any city, it loses its value. The average depreciation rate for a new car dips its real price by 15 to 20% per year.
You can make a damn great deal if you settle on a car from any of the showrooms which is just a few years older. You can easily establish useful car dealers communications via https://mykaarma.com/products/communications/
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Stick to your budget no matter what
Stick to your budget no matter what the dealer or salesperson present in the dealerships explains to you. Be it the upgraded amenities like leather seats or the financing options, you need to make up your mind long before you talk to a dealer.
The salesperson will try their level best to convince going by his suggestions will only save your money in the long run, but you need to think critically and strictly abide by your budget, as it is most of the time those suggestions are not necessarily worth going for.
Understanding the payment strategies
With the fall in interest rates, you get opened to multiple financing options. But not all options are meant for your good. You might get a 96-month car loan, at a very cheap monthly installment but that you will have to bear for over a long time which might cost you substantially more in interest charges. So think carefully about whatever you are being advised in a showroom.