What to do in the Car Showroom

Here’s how to be focused when you go to look at shiny new cars!

Grab a salesperson

The sales people are the most knowledgeable people around, use that to your advantage!

Know what you want

Even if you don’t know about cars, you might have an idea of what you need your car to do for you. Tell the sales person and let them present you with options

Ask about Everything!

Ask the salesperson about the advantages and disadvantages, the fuel consumption, the options and features that are available... Anything else that you can think of - ASK!

Think on it

Don’t be rushed into a hasty decision. Take the time to deliberate over the information and schedule test drives if need be so that you can come to a conclusion.

A showroom is just one way to go about finding out about cars. Make use of all avenues and even your car financing office to help you get comfortable with your final choice! 

What to do in the Car Showroom

How to Pay less on a Car

Here’s how you can afford a car on a small budget

Refinance your loan

Make the most of lower interest rates in the car financing market so that you pay less on your monthly repayments!

Cut down on your Car expenses

Look at what you’re spending on your car like your insurance, petrol and maintenance, can you opt for a cheaper alternative so that you can save more money?

Cut down on your Other expenses

It’s a good habit to be thrifty, and starting with your own spending habits can help you put some money aside when you spend only on what you absolutely need and cut down on luxury items.

Buy a cheaper car

A cheaper car will cost less in the long run but serve the same purpose - to get you around town!

If you are still having trouble affording your car after trying out these methods, perhaps it’s time to seriously evaluate if you should sell your car off. Never put yourself into debt for the want of a car!

How to Pay less on a Car

Researching What Car to Buy

Here is a quick guide on how to research a new or used car for yourself that will hopefully help you cut your search time down!

Research the Car

·         Visit manufacturer’s websites

·         Look for car forums

·         View professional reviews and videos

·         Go to the showrooms and speak to sales people

·         Borrow cars from your friends

·         Find out about mileage maintenance history for used cars

Research Prices

·         Compare different dealerships in your area

·         Different dealerships in different areas will have (obviously) different price ranges. Even after shipping, things may be cheaper than where you are!

·         Check out online dealerships too

·         Look at different banks and lending institutions

Double confirm the information that you receive and take it slow when you are comparing one aspect to another. Make decisions quickly so that your information is still reliable and we hope you find the car you are looking for! 

Researching What Car to Buy

Is a Secured versus Unsecured loan better?

Want to find out about the benefits of a secured loan versus an unsecured loan? We examine and explain how they work here so that you can make an informed decision!

What is a secured loan?

It means putting something that belongs to the borrower - a house, other assets or even the car itself up as collateral in case they default the loan.

How does having a security attached to a plan help?

With something at stake in case of default, chances are that repayments will be paid on time. That makes lenders more confident about issuing the loan and better terms for the contract like a lower interest, longer tenures and even larger amounts!

So which one should I choose?

It really depends on your situation; do you have assets that you can put up as collateral and are you willing to forfeit that item if you default on your payments?

Why not look at The Smarter Finance Company for some professional car financing help so that you can choose the right financing plan for your situation?

Is a Secured versus Unsecured loan better?