How to
Avoid Buyers Remorse
Buyers remorse is very common
in the car business. There tends
to be a very high level of
emotion that goes into buying a
new vehicle, which in turn can
cloud a buyers judgement. In
fact, car dealerships bank on it.
It is how they are able to
maximize profits.
Imagine the last time you sat
in a new vehicle and the sensory
overload you experienced. Can you
smell the new car smell? Can you
see the shiny, mirror-like paint
job and the spotless, freshly
detailed interior? Can you feel
the leather wrapped steering
wheel in your hands and the plush
seat beneath you? On the test
drive, do you feel the power when
accelerating from 0-60? Do you
feel how well it handles as you
navigate through traffic? Lastly,
the gadgets, ohhh the gadgets!
Power seat, power pedals,
steering wheel AC and radio
controls, moon roof, the premium
sound system, boy o' boy is this
the vehicle for you! "Where do I
sign?" You ask excitedly.
Stop! Now is the time to take
a deep breath and use the advice
I am about to give you, before
you sign that 5, 6, or even 7
year contract. You must not buy
that vehicle today. What you will
want to do is sign one small form
that can save you from a very
big, painful mistake.
What is this form?
A
Borrowed Car
Agreement
What does it do?
A borrowed car agreement
allows you the opportunity to
take the vehicle over night and
get away from the pressures of
any car salesman, or their
managers. It also allows you the
opportunity to clear your head
and let your euphoric feelings
subside, which will allow you to
think with your head and not your
emotions. You can take the
vehicle home and wake up to it in
the morning and see if you still
have those same feelings for
it.
What you want to do is work
the numbers with the car
dealership to your satisfaction,
then take the numbers and the
vehicle home for the night. Now
you can research the numbers,
sales price, trade in value, etc.
in the comfort of your home and
make sure you are not paying
through the roof for this
vehicle.
You'll also want to ask
yourself if this vehicle is
practical for all that you need
and/or want it to do. Recruit a
family member or friend, with car
buying experience, to give you
all the objections to the deal
that they can think of. Think
about those objections, are they
relevant? Is a certain objection
important or not important to
you? Do you agree or disagree
with these objections?
The ultimate buying decision
will come down to you, but
getting away from the car
dealership and clearing your head
in a relaxed environment will
help you make a much better
decision. Remember, you'll be
signing a long term, binding
contract on an expensive product
and you don't want to make this
decision when you are all pumped
up and full of adrenaline.
Borrow the car today and be
happy tomorrow!
Justin is a Car Buying, Bad
Credit Repair and Auto Loan
Finance authority. He is the
creator of
http://www.InsiderCarBuyingTips.com
In addition to offering the most
informative car buying tips on
the Internet, he offers the least
expensive A-(excellent) AM Best
rated
http://InsiderCarBuyingTips.com/auto_warranty
Extended Auto Warranties on the
Internet and has partnered with
the #1 auto loan refinance
source.
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