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Buying a New Car


By Judy McKenna, Family Resource Management Specialist
Colorado State University Extension
 

Question: I plan to buy a new car this fall, and I've never had a new car. How can I get the best deal?

Answer: Your challenge is to have as much information as you can so that, when you find the car you like best, you can buy it for a good price.

A first step for most people is a visit to the library. Check out the April issue of Consumer Reports magazine and compare models, features, safety, reliability information and prices. The brief reviews of features, ride, steering and comfort of 2001 cars will give you a start in narrowing your choices for the 2002 models.

Consumer Reports gives their test reports for braking performance, emergency handling, visibility and seat comfort. They also use the federal crash-test results to rate vehicles on crash protection. If you don't want a car that ends up in the service department over and over again, you'll also want to check out the frequency-of-repair charts. Based on readers' annual survey responses, more than 500,000 vehicles are rated from worse-than-average to better-than-average on reliability. This information alone may save you thousands of dollars.

Let's say you've decided that four different cars would work for you. Now you'll want to go to the computer section of the library to get really specific information. The www.auto.com Web site scans newspaper columns across the country that have evaluated various vehicles. Some articles are helpful and others are general, but it's a start. Up-to-date car reviews can be found at www.cars.com. Select each of the four cars you're considering and you'll find information about exterior, interior, engine and driving impressions. Because reviewer impressions may differ, try these sites as well: www.autoweb.com and www.carpoint.msn.com.

When you're ready to buy, try these sites: Start with www.carpoint.msn.com, where you'll learn the base retail price range. You can decide about options by pricing them separately. By submitting your name and contact information, you'll get real prices from nearby dealers for the cars and the features you want. Additional sites that will send you local price information are www.autobytel.com and www.autovantage.com. Of course, don't forget to check your local dealers, but go armed with all the critical information that you've carefully researched.

For more information, contact your local Colorado State University Extension office.


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Updated Tuesday, November 27, 2007.

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