Tips for Buying a New Car in CASH
There are two ways to buy a car, namely in cash or cash and on credit. The cash purchase method is considered more advantageous from an economic value because the final cost of the car becomes cheaper compared to credit. Therefore, know the tips for buying a new car in cash below so that you do not make a mistake.
The main difference between buying a car in cash and on credit is that with credit, you need to do a car credit simulation first. The credit simulation is useful to give you an idea of the amount of money you need to spend. Meanwhile, with a cash purchase, you do not need to think about a simulation.
Choose the Car You Need and Check Your Budget
The first step you must take is to choose a car according to what you need and the budget you have. Check the specifications of the car according to your needs and then adjust it to your budget.
For example, if you want to buy a car for family needs, it is advisable to choose an MPV (multi-purpose vehicle) because of its larger cabin size. In addition, MPV cars can carry up to about 8 people, making them suitable for large families. The price range for MPV cars is around IDR 200 million, depending on the specifications and brand.
If you cannot afford to pay in cash, you can choose the credit method by doing a car credit simulation first. You can also do the simulation directly at the leasing institution or dealer.
Survey Car Prices at All Dealers
You certainly want a car with the best offer price from the dealer, right? Therefore, it is advisable to survey various dealers in your city to see which dealer offers the best price. If you want to buy on credit, ask about the car credit simulation.
In addition to checking various dealers to see who offers the best price, you should also check what facilities you can obtain from the dealer. Certain dealers usually offer facilities such as free service for a certain number of kilometers of car use. In addition, dealers generally also offer additional accessory bonuses to you that vary from one place to another.
Ask About the Booking Fee
Buying a car in cash requires you to provide an initial fee or what is called a booking fee. The booking fee serves as a down payment for the car purchase so that the dealer can immediately process your order. The range of booking fees varies between one dealer and another.
Generally, the booking fee ranges from IDR 1 to 5 million. When making the booking fee payment, you can also negotiate regarding additional accessory bonuses that can be obtained. Sometimes you can also negotiate a discount on the car price.
Know What a Vehicle Order Letter Is
The Vehicle Order Letter or SPK is a letter that you will receive after you pay a certain amount of booking fee. This SPK will contain several pieces of information related to the vehicle you are buying, such as:
- The date you ordered the vehicle, this date will match the date of booking fee payment
- The car price adjusted to the price at the deal
- Car color
- Accessories that will be obtained
Four-wheeled vehicles or private cars are now highly desired by Indonesian families due to their advantages in carrying more people at one time. Follow the tips for buying a new car in cash above so that you remain profitable during the transaction.
