Yes, getting a new car is exciting, but you need to consider a lot of factors when you’re shopping from the term of your loan to what kind of safety technology is available, to how much insurance you’ll need. Getting a new car often means that you’re required to carry a fairly hefty insurance package to satisfy your loan company. Here are five tips on what to look for when you’re shopping.
- Check out J.D. Powers quality ratings for your style, make, and model. The ratings for 2017 and some 2016 models are not yet out, but by searching for 2015 models, you’ll have plenty to choose from. LD Powers rated vehicles for overall quality, performance and design, and predicted reliability, but not for safety.
- The NHTSA rates the safety of cars through three tough tests – rollover, t-bone, head on, and overall crash performance and lets you compare to other cars and notes the availability of safety technologies such as rearview video systems, electronic stability control, forward collision warning systems, and lane departure (or drift) warning systems.
- The Insurance Institute for Highway Safety conducts its own crash tests, and these are slightly different from the NHTSA. The IIHS then issues ratings and also highlights their top safety picks and Top Safety Pick Plus
- Weekends are the busiest time for car dealerships, and not the best time to make a deal. Shop early in the week, toward the end of the month, and make your offer late in the day when sales people want to clinch that one last deal. Give serious consideration to models from the previous or outgoing years, since these need to be cleared out to […]