Hardships to Expect When You’re a First-Time Car Buyer: A Guide

For many, buying a car is a rite of passage; it’s a sign that you’re growing up and becoming more responsible. But for first-time car buyers, it can be a daunting experience. There are so many things to consider – from financing to insurance to maintenance – and it’s easy to feel overwhelmed. Fortunately, working with a reputable car dealership can help you overcome some of the biggest challenges you’ll face as a first-time buyer.

In 2016, there were a total of 992 Ram dealers in Riverside County, California. This was an increase of 6.3% from 2015 when there were 934 dealers. Meanwhile, the average Ram dealer in Riverside County had sales of $16.7 million in 2016. This is an increase of 8.4% from 2015, when average sales were $15.4 million. As such, 4,131 employees are working at ram dealerships in Riverside County, and this was an increase of 5.8% from 2015 when there were 3,931 employees. Moreover, the average salary for a ram employee in Riverside County is $32,430 per year, and this is an increase of 3.2% from 2015 when the average wage was $31,330 per year.

The Essential Process of Buying a Car for the First Time

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  • Once you’ve found a reputable dealership, work with the salesperson to actively find the right car for your needs and budget. As such, be honest about your budget and stop if the price needs to be fixed.
  • Take your time when test driving and inspecting the car. Also, make sure you’re comfortable with it before making a final decision.
  • Get everything in writing before signing any paperwork. This includes the purchase price, financing terms, and any warranties or guarantees that come with the car.

What Should You Expect?

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If you’re a first-time car buyer, you should know a few things before making your purchase. Awareness of the typical hardships of buying a car is essential, and these include:

  1. The high cost of a new car.
  2. The difficulty of financing a new car.
  3. The risk of buying a lemon.
  4. The challenge of negotiating with dealerships.

Fortunately, there are ways to overcome these challenges and make the car-buying process more accessible. One way is to buy from a reputable Ram dealer in Riverside that offers fair prices and easy financing options. Such dealerships also have a no-risk policy regarding lemons; if your new car turns out to be one, they’ll take it back and give you your money back. Finally, the experienced sales staff will work with you to get the best deal possible on the perfect car for your needs.

How Buying From a Reputable Car Dealership Can Help You Overcome Issues

When you’re a first-time car buyer, you may face a few potential hardships. These can include not knowing what kind of car to buy, feeling pressure from salespeople, and needing clarification on the negotiating process. However, buying from a reputable car dealership can help you overcome these issues.

For one, a reputable dealership will have knowledgeable salespeople who can actively help you find the right car for your needs. They’ll also be upfront about pricing and fees, so you won’t have to worry about being taken advantage of. And finally, most reputable dealerships offer some form of financing, making the purchase process much more manageable.

So, if you’re a first-time car buyer, there are a few hardships you can expect to encounter. Luckily, buying from a reputable car dealership can help you overcome these issues. As such, you’ll be able to find a reliable vehicle that fits your budget, and the sales staff will be able to answer any questions you have about the car-buying process.

Some Facts New Car Buyers Should Know

1. Know Your Budget

Establishing a budget is the first step in buying a car. Before you fall in love with a car that will break the bank, this will help you focus on vehicles within your price range.

Start by totaling up all of your monthly income and all of your monthly outgoings to develop a budget. Make careful to divide your spending into fixed (such your rent, utilities, or student loan payments) and discretionary (like other expenses) categories (such as going out to eat or buying new clothes). If you have a clear picture of your spending, you’ll probably find multiple places where you can make savings, giving you extra money to put toward your monthly car payment.

Ideally, your car payment should not exceed 10% of your monthly gross income. Yet when creating a budget for a car, there are other things to consider besides your monthly payment. The continuous costs of owning an automobile, such as insurance, gas, repairs, and maintenance, must also be taken into account.

2. Do your Research

After you have a general notion of your spending limit, do some research to find out which cars in that range best suit your requirements. You may get a fair estimate of the cost by conducting internet research at automotive or local dealership websites.

You’ll likely be drawn to attractive automobile lease options when you conduct your investigation. Although many drivers would rather own their vehicle entirely, leasing has several alluring benefits. After all, you’ll obtain a brand-new vehicle at a cheaper cost than purchasing, often with a reduced down payment and monthly payment. Yet, restrictions might be constrictive, and you might hesitate to invest money in a car you’ll eventually have to sell. Eventually, it’s up to you to make that choice.

3. Explore Your Financing and Purchasing Options

Once you’ve narrowed your selection of ideal vehicles, it’s time to consider your financing options. You will require an auto loan to fund the purchase unless you have enough money saved up to do so.

You can obtain financing through an auto dealer or from a different organization, such as a bank or credit union. But, you may frequently receive better terms through a bank or credit union since auto dealers will tack on extra costs for managing the loan. You may have more negotiating leverage with the dealer if you get preapproval for a loan from a third-party lender.

4. Save for a Downpayment

How much of a down payment is required for a car? Like when purchasing a home, the majority of lenders like to see a down payment of at least 20% of the car’s cost. (A 10% down payment on a used automobile purchased from a dealership is typically sufficient.)

5. Get the Car Inspected

Regardless of whether you’re purchasing a used car from a dealer or a friend, you should always have a reliable technician analyze it beforehand. Most vehicle repair companies provide a service known as a pre-purchase examination. This treatment could cost you a few hundred dollars, but if it prevents you from purchasing a car with significant problems beneath the hood, that money will have been well spent.

6. Negotiate the Price

Both dealerships and individual sellers anticipate that you will bargain over the car’s price. With a used automobile, you’ll have more leeway because the MSRP (manufacturer’s suggested retail price) isn’t fixed. You can usually haggle your way to a sizable discount off the sticker price, even on a brand-new automobile.

7. Read the Contract Carefully

The process of purchasing an automobile may be drawn-out and demanding. When you finally get a contract in your hands, you’re probably so anxious to start driving that you’re prepared to sign it without even giving it a second glance. Because of this, dishonest vehicle salesmen may stuff contracts with extra fees you didn’t agree to or alter the conditions you negotiated.

When you sign a contract, you’re making a legal commitment to the seller; once you do so, it’s frequently difficult or impossible to back out (and, even then, you’ll almost likely have to pay a penalty). Take all the time you require to study the contract, whether you are purchasing from a dealer or an individual.

8. Enjoy Your New Car!

You have a car! Congrats! The first significant purchase you ever make could be a vehicle. There are many things to think about, however, taking the aforementioned straightforward actions will reduce your stress. You’ll be able to confidently negotiate the greatest price and obtain the automobile of your dreams without being taken advantage of with some careful preparation, research, and budgeting.


It might not be as simple as you’d have assumed to buy a car for the first time. Several possible obstacles must be overcome, and crucial choices must be made. Yet you can smooth out and lessen the tension of the process with the correct knowledge, planning, and direction. Owning your first automobile will ultimately be quite rewarding, therefore it will be worth the effort.

Author:  Alison Lurie