A very good first step in the car buying approach is to have approved for a loan. Gaining approved for a loan from a bank, credit union or online lender will let you know what interest rate you be able to get. If the interest rate given is surprisingly high, you will be aware that you have problems with your credit history that have to be settled before you move forward. Getting approved in advance will likewise mean you can negotiate at the dealership as a cash buyer, which is rather easy. You can still accept dealership financing, but getting approved before you truly walk into the dealership are going to be the bargaining chip to get yourself the better interest rate.
Just remember, as the buyer, you have to be the one in charge during the entire process, so you needs to be making a lot of decisions along the way before you even step into a dealership. With a lot useful information accessible, even if you already have a solid preference about the vehicle you prefer, if you make an effort to perform some research and be open-minded you are likely stunned by the outcome.
There are two "best times" to buy. The end of December is a great time. Everybody is out looking for XMAS gifts, causing dealer a lot void of purchasers, motivating them to drop prices and break year end sales records. A second excellent time to buy is July through October when dealerships put up for sale cars at more affordable prices to clear place for the new models.
As you are paying plenty of your hard-earned dollars and you are going to be spending a lot of time behind the wheel, have more time for the test drive. Just be sure you are really comfortable in the car and can adjust the seat and mirrors so you have excellent visibility. Make sure you are comfortable driving on surface streets, in traffic or even on the highway, including in parking.
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