8 car buying hurdles that frustrate buyers

Why is buying a car so difficult? While some buyers know exactly what they want, find the vehicle in stock, practice a lot with their friendly salesperson, and love their new car for years, that’s not always the case. Whether you’re choosing a reliable used car or finally buying the sports car of your dreams, you can run into obstacles.

More than half of U.S. buyers are confused and frustrated with the car buying process

Frustrated by barriers to buying cars | Elisa Ventur on Unsplash

A survey of GOBankingTariffs (GBR) found that 63% of Americans surveyed said that “they find part of the car buying process confusing”.

This means that the automotive and finance sectors could do a lot to make the process smoother, easier and more accessible. Read on for eight obstacles that make buying or leasing a car difficult.

8. How to choose the right car for your needs, your budget and your lifestyle

What are the top three things to consider when buying a car? GBR recommends prioritizing finance, security, and inventory first. But for long-term satisfaction, it is good to consider features, brand, and other important factors. Car buying websites can make this process easier.

GBR says, “Consumers can find additional options through e-commerce retailers rather than relying solely on their zip code or state of residence for their vehicle needs. Now more than ever, consumers have the ability to identify and purchase the vehicle of their choice. »

7. Choosing to lease or buy a car can be a major hurdle

Are car prices falling? Unfortunately, no, and it’s unclear how long new car (and used car) prices will be high. This means choosing between renting and buying could be more complicated than ever. First, lease buyouts could be a thing of the past as automakers begin to reduce inventory. However, since cars generally hold their value better, you may be able to lease a new car for significantly less than buying.

6. Lock in the best deals on a car

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Finding the best deals on the car you want can be tricky. It’s always best to shop at multiple dealerships and online to find the best price. Ask if the price listed on the website or your quote is the actual price you would pay. Hidden fees and dubious offers from car dealerships can be a major obstacle to buying a car.

5. Checking VIN and vehicle history

VIN and vehicle history information isn’t very important when buying a new car, but it’s imperative when looking for a truck, car, or SUV. reliable opportunity. If you buy directly from an owner, they will hopefully have complete records for the vehicle and can share them with you. Dealerships may have more difficulty producing documentation, but can still provide a full report.

GBR recommends viewing multiple vehicle history reports, if possible. One of the biggest hurdles to buying a car is finding major issues with the car you’re interested in.

4. Finding financing is one of the biggest hurdles to buying a car

This one thing can be the biggest thorn in your side when navigating car buying roadblocks. 14% of respondents to the GBR survey indicated that car loans and financing were the most confusing factors when buying a car. Deals and offers such as 0% APR auto finance, add-ons, and longer loan terms can make the decision even harder. It is best to research financing options from different banks and dealers before making a decision.

3. Dealing with dealers

Couple accepting a car key from a car salesman.  Obstacles to buying a car often start at the dealership

A couple receiving the key to their new car | Yavuz Arslan/ullstein bild via Getty Images

And speaking of gimmicks and deals… we have to recognize that dealing with dealerships can absolutely be a hurdle in the car buying process. Car dealerships don’t have the best reputation for being trustworthy or easy to work with. And that’s not necessarily a bad reputation. More and more buyers are turning to online car buying websites and private sales to avoid the stereotypical dealership experience.

2. Understand the cost of owning a car

You may be delighted with the used electric car you have chosen, but have you thought about all the costs that will come with it? Ownership costs can be a major hurdle, especially for first-time buyers or anyone on a budget. These costs include fuel (or refill), service fees, repair fees, car insurance and maintenance fees, and they can add up quickly.

1. The Risk of Buyer’s Remorse

“This is a less discussed hurdle, but there are certain situations where a consumer can buy a car and regret certain things about it. It could mean anything from you not being sure the vehicle meets your needs or the seller has convinced you to make an immediate purchase.

-GOBankingRates

I’d bet most car buyers feel a bit remorseful after making their purchase or signing their lease. Maybe you didn’t get that feature you really wanted. Maybe you’ve purchased a useless tire protection plan that you’ll never use. Some car dealerships offer a return or exchange policy within the first few days or a few hundred miles.

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