Buying a car for yourself or as a gift for someone involves a lot more than opening up your checkbook.
You’ll need to do some research before you jump in the driver’s seat. According to Brad Eggleston, vice president of AutoVantage, “To help you select the best gift for yourself or that special someone, there are a few things to consider before turning into the dealer lot.” Here are some tips:
First Things First
-> Focus on what’s important. Price, size, engine type, style, fuel economy and safety are among any buyer’s main concerns.
The Internet can be a source of information to help answer those questions. Online resources can offer detailed vehicle descriptions, reviews, road tests and cost comparisons.
For example, the AutoVantage Web site offers a number of research tools for buyers of both new and used cars, including a calculator that can help a buyer determine a vehicle’s value.
-> If you still can’t decide, calculate the cost of ownership over a five-year period by adding finance charges, fuel, insurance, maintenance and other such costs. The best deal should stand...