All your Car Buying Questions Answered

 

A car is not just a product you buy everyday but a real investment. While you consider to buy your next car, having tons of questions is normal and good for you to think thoroughly. We round up the most commonly asked questions and invite the industry expert to answer them. Take a look and make a smart decision.

1. Can you briefly introduce yourself?
   Jim Russomano, Nutley Kia Owner – most of my time is spent managing our Sales and Accounting Departments

 

2. How should I choose the right car dealer?
   Most important is trust and integrity. This industry continues to be have a negative perception with consumers probably for valid reasons. Get to know the dealership and its. Trust but verify and get to know who you are doing business with.

 

3. What are the additional fees I should pay when buying a new car?
   Keep in mind that all advertised prices do not include taxes as with any retail advertisement. In addition you should expect to Motor Vehicle Registration fees that should never be a profit center for an Auto Dealership. Also be prepared to pay a documentation fee that is charged by most Dealerships to cover the costs of administrative and clerical expenses

 

4. What should I be aware of before signing the contract?
   Most importantly be aware you are responsible for everything you are signing. Also, make certain that that anything owed to you by the Dealership is in writing. Trust but verify. A vehicle purchase is a significant financial decision and should be treated that way.

 

5. How do I know a pre-owned car is really certified?
   All manufacturers have a Certified Used checklist of the inspection performed on the vehicle by the Service Department and also a Delivery Checklist reviewed with you by the Sales Department. As previously stated you should purchase from a Dealership that you trust.

 

6. Can you briefly talk about the pros and cons of buying and leasing a car?
   If a cash purchase is not an option or a choice for you it is best to view leasing as an alternative path for financing a vehicle which usually offers a shorter term financial obligation.
   Financing:
   The Pros of financing a vehicle are ownership, historically low interest rates and easier opportunity to obtain credit approval for those with less than perfect credit. The Cons of financing are longer term financial obligation, investing in a depreciating asset and the risk of eventually driving a vehicle that is no longer covered under warranty. Of course, extended warranties are available and strongly recommended for purchase the proper price and coverage.
   Leasing:
   The Pros of Leasing are shorter-term financial obligation, ability to turn over vehicles more frequently and in most cases being under warranty coverage during the full term of the lease. The Cons of leasing are more difficult credit approval process, lack of ownership and the need to replace a vehicle more frequently (if you are working with a trusted dealer this may not be a Con).

 

7. Will I get a better deal if I pay in cash?
   No – not when purchasing from a reputable Dealership. When a vehicle is financed or leased, the bank is paying the Dealership rather than the consumer.

 

8. What should I experience when having a test drive?
   Certainly a local and highway road test that should last 15 minutes to complete. Additionally, the salesperson should perform a compete introduction   of the vehicle features and the benefits to you this is called a “vehicle walkaround”.

 

9. What is your suggestion for recent college graduates to purchase their first car?
   Ask questions and understand what you are signing. Only buy what you can afford and whenever possible attempt to obtain credit in your own name to help establish a strong credit history – make certain you make all payments according to the contract that you signed. Also most manufactures offer additional incentives for recent college graduates.

 

10. How do I know which car with higher resale values?
    By reputation and research. Look at previous model year pricing and obtain information and values online.

 

11. What is the best selling car in Nutley Kia?
    During the winter month the Sorento and during the summer months the Optima and Soul (Forte is beginning to become popular as well)

 

12. What are Kia’s greatest pros and cons?
    Pros – vehicle quality, value and warranty.
    Cons – overcoming decade old reputation. Since 2009 Kia has completely transformed vehicle design and quality. The Company must continue its effort to get on the shopping lists of those consumers who would not consider Kia in the past.

 

To learn more car buying tips, check out our Car Buying Guide – Everything You Need to Know Before You Invest

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