Here are the relevant posers and their answers:
Q: Why do I need a car?
A: Obviously to make my life easier!
Q: What type of car I actually don’t require?
A: Depends on the immediate and foreseeable future requirements.
Q: Can’t I afford to buy a brand new car?
A: Of course, I can. But it makes sense to pay in installments.
Q: Should I go for a loan provider?
A: Yes, you should. But check out the credentials and the references of the loan provider.
Q: What are the options open?
A: There are the long-term loan repayment schemes; but that would make the repayment headache last for a longer period. So, go for the maximum cash down limit you can afford. That way, the loan repayment period would be reduced. Moreover the monthly installments would also be less.
Q: Why not go for a used car?
A: Surely you can, provided you know the used car is worth buying!
Q: Whose expert advice should I seek?
Check out an experienced mechanic. Show him the car. Take a drive with him in the car. Keep your ears open for the odd sound that may emanate from the vehicle on the way. The abnormal sounds may be symptoms of mechanical problems.
Q: How do I know if the dealer is speaking the truth?
A: Do some homework. Search the web for the ideal frequently asked questions regarding used/new cars. Use the knowledge to know details of the car. Read between the lines. Don’t be taken away by the glib talk of the dealers’ (loan providers and car sellers).
