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More vehicle options mean buyers should take their time at the dealership

Posted on Monday, December 15, 2014 at 9:38:26 AM

New technology is reshaping the automotive industry. According to AutoTrader, consumers have a wide range of options to choose from, including GPS systems, back-up cameras, Bluetooth features and other gadgets. This variety has changed how people shop for a new car.

For some, that can add to the confusion of the auto-buying experience. To help, Home Loan Investment Bank's Christine Dikdan recently offered some advice for prospective consumers.

She explained that no person should rush through the process of buying a vehicle. It requires a lot of time to get it just right.

"I think budgeting should be completed first, in order to determine how much you can afford," Dikdan said. "Secondly, research the vehicles using online pricing comparisons, along with manufacturer and consumer reviews."

The final step is the test drive, she noted, which should only come after you have decided that the vehicle is in your price range and right for you. 

"Hopefully you will decide to sign and drive." added Dikdan. "I will say that in some cases, people go through the first two steps, and then when they test drive the vehicle, it is not what they think it was going to be. Then, they start the process again. Hopefully this will not be you."

The variety afforded at the dealership has consumers wanting more time talking with sales representatives and managers before buying. According to Dikdan, a long time at the dealership is the nature of the industry.

"Dealers are usually more than happy to have you spend more time at the dealership," she pointed out. "Most of the larger dealers, and some of the smaller ones, are trying to make their waiting areas consumer friendly, including comfortable seating options. Many have large screen televisions, some even have impressive vending options. Make no mistake - the dealer will take as much time as necessary and make every effort to help you buy."

Given the plethora of vehicle options, don't be afraid to take your time. Proper research and planning will help you end up with the right choice - and keep your budget whole at the end of the day.