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Searching for a cheap 2024 EX90 can be daunting. Here are common mistakes to avoid.
Common Mistakes
- Not Doing Enough Research: Failing to compare prices from different dealerships can lead to overpaying.
- Ignoring Additional Costs: It’s crucial to consider taxes, registration, and insurance in your budget.
- Focusing Solely on Purchase Price: Evaluate the total cost of ownership, including maintenance and fuel efficiency.
- Not Negotiating: Many buyers forget that negotiation is often expected in car sales.
- Skipping Test Drives: A test drive is essential to ensure the car meets your expectations for comfort and performance.
- Not Understanding Financing Options: Misunderstanding credit terms can lead to higher interest rates.
- Overlooking Warranty and Service Packages: A good warranty can save money in the long run.
FAQs
- Q: How can I compare prices effectively?
A: Use online platforms and visit multiple dealerships to gather price ranges. - Q: What should I include in my budget besides the car price?
A: Include insurance, maintenance, fuel, and registration fees. - Q: How do I negotiate the best price?
A: Do your research, be polite, and know what others are paying for the same model.
Cost Breakdown Chart
Expense Type | Average Cost |
---|---|
Vehicle Price | $60,000 |
Taxes (Average 8%) | $4,800 |
Registration Fees | $1,000 |
Insurance | $1,500/year |
Maintenance | $700/year |
Mind Map of the Buying Process
- Research and Comparison
- Price Comparison Websites
- Dealership Visits
- Budgeting
- Initial Price
- Ongoing Costs
- Negotiation
- Price Strategies
- Counter Offers
- Final Decision
- Purchase or Lease
- Financing Options
Statistics on Car Buyer Errors
Error Type | Percentage of Buyers |
---|---|
Not Comparing Prices | 43% |
Ignoring Total Ownership Costs | 37% |
Failing to Test Drive | 29% |
Not Negotiating | 52% |
Overlooking Warranty Options | 45% |
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