Identifying factors to consider when buying a car such as budget, type of car, fuel efficiency, and resale value.
Understanding your budget: Determining how much you can afford to spend on a car, including factors such as monthly payments, down payments, and interest rates.
Researching different car models: Comparing and contrasting different makes and models based on features, performance, and price.
Car financing options: Understanding the different types of car financing, such as loans or leasing, and the pros and cons of each.
Car insurance: Learning about the types of car insurance coverage available and how to choose the right coverage for your needs.
Negotiating the price: Understanding how to negotiate the price of a car and device strategies to get a better deal.
Pre-purchase car inspection: Knowing what to look for when inspecting a car before purchase, including the condition of the engine, transmission, brakes and other parts.
Car maintenance: Understanding the basics of car maintenance, including how to check and refill fluid levels, regular servicing, and vehicle inspection.
Vehicle history check: Checking a vehicle's history report for previous accidents, owners and maintenance records.
Trade-ins: Understanding the trade-in process and how to get the most value for your old car.
Test driving a car: Knowing how to do a test drive properly and the different things to check during this process.
New car buying: Purchasing a brand new car from a dealership or manufacturer.
Used car buying: Purchasing a pre-owned car from a dealership, private party or online.
Certified pre-owned car buying: Purchasing a used car that has undergone a rigorous inspection and meets specific manufacturer standards.
Lease: Renting a car for a period of time, usually two to four years, with the option to buy at the end of the lease.
Financing: Borrowing money from a bank or lender to purchase a car and paying it back over a period of time with interest.
Cash purchase: Paying the full price upfront with cash or a cashier’s check.
Trade-in: Trading in an existing car towards the purchase of a new or used car.
Auction: Purchasing a car at a public or dealer-only auction.
Online car buying: Purchasing a car entirely online, including financing and delivery.
Fleet sales: Purchasing multiple cars for business use, typically at a discounted price.
Overseas car buying: Purchasing a car from an international dealer or importer.
“No haggle” pricing: Purchasing a car at a set price, without negotiation.
Group or bulk buying: Purchasing cars in large quantities through a group-buying program or bulk purchasing program.
Personal car import: Purchasing and importing a car to your country, either for personal use or resale.
Repossessed car buying: Purchasing a car that was repossessed by a bank or financial institution.