11 Mistakes to Avoid When Buying an SUV
Are you in the market for a new SUV? Before you make that big investment, it’s important to be aware of the common mistakes that many buyers make. From overlooking important features to not considering the long-term costs, there are several pitfalls that can easily be avoided. In this article, we will explore 11 mistakes to avoid when buying an SUV, so you can make an informed and practical decision that you’ll be happy with for years to come.
Not Researching Different Models
One of the biggest mistakes you can make when buying an SUV is not researching different models. Each SUV on the market has its own unique features, pros, and cons. It’s crucial to do your homework and compare various options before making a decision. Go beyond just looking at the exterior and consider factors such as fuel efficiency, safety ratings, and available technology. Test drive different models to get a feel for how they handle on the road.
Ignoring Your Lifestyle and Needs
Another mistake is ignoring your lifestyle and needs when choosing an SUV. Do you have a large family? Do you often go off-road or need extra cargo space for gear? Consider how you will be using the vehicle on a daily basis and make sure the SUV you choose aligns with your lifestyle. For example, if you frequently travel with children, prioritize safety features and ample rear-seat space.
Focusing Only on the Monthly Payment
While affordability is important, focusing only on the monthly payment can lead to making a costly mistake. Some dealers may extend the loan term to lower the monthly payments, but this means you’ll end up paying more in interest over time. Consider the total cost of the vehicle, including interest, taxes, and fees. It’s also wise to factor in insurance, maintenance, and fuel costs to get a complete picture of the expenses involved.
Not Checking the Vehicle's History
When buying a used SUV, not checking the vehicle’s history is a common mistake that can lead to unexpected issues down the road. Request a vehicle history report to uncover any past accidents, title issues, or maintenance records. This information can help you make an informed decision and avoid potential headaches with the SUV in the future.
Forgetting About Long-Term Costs
In line with considering the total cost of ownership, forgetting about long-term costs is another mistake to steer clear of. Some SUVs may have higher maintenance and repair costs than others, so it’s important to factor in these potential expenses when making a purchase. Additionally, consider the vehicle’s depreciation rate, as this will impact its resale value in the future.
Overlooking Safety Features
Safety should be a top priority when buying an SUV, yet many buyers make the mistake of overlooking important safety features. Look for vehicles with advanced safety technology such as automatic emergency braking, lane departure warning, and blind-spot monitoring. Additionally, check the SUV’s crash test ratings from organizations like the National Highway Traffic Safety Administration (NHTSA) and the Insurance Institute for Highway Safety (IIHS).
Not Considering Fuel Efficiency
With the rising cost of fuel, not considering fuel efficiency is a mistake that can impact your budget in the long run. Look for SUVs with good fuel economy, especially if you plan to use the vehicle for daily commuting or long road trips. Many manufacturers offer hybrid or electric SUV options that provide excellent fuel efficiency and lower environmental impact.
Being Unrealistic About Off-Road Capabilities
If you plan to take your SUV off-road, being unrealistic about its capabilities is a mistake you’ll want to avoid. While some SUVs are designed for rugged terrain and off-road adventures, others may not perform as well in challenging conditions. Take into account the type of off-road driving you’ll be doing and choose an SUV with the appropriate features, such as all-wheel drive, ground clearance, and durable suspension.
Skimping on the Test Drive
Skimping on the test drive is a mistake that can leave you with a vehicle that doesn’t quite meet your expectations. Don’t rush through the test-driving process. Take the time to thoroughly evaluate the SUV’s performance, comfort, and handling. Pay attention to how it accelerates, brakes, and maneuvers in different road conditions. This is your opportunity to ensure that the SUV feels right for you.
Disregarding Resale Value
Another common mistake is disregarding the SUV’s resale value. While it’s exciting to focus on the present and the thrill of driving your new SUV, considering its future resale value is important. Some SUVs retain their value better than others, which is something to keep in mind if you plan to sell or trade in the vehicle in the future. Consider the brand’s reputation for durability and reliability, as well as the popularity of the model.
Neglecting to Negotiate
Neglecting to negotiate the price of the SUV is a mistake that can result in paying more than you need to. Dealers often have some flexibility in pricing, so don’t be afraid to negotiate for a better deal. Research the fair market value of the SUV you’re interested in and use this information as leverage during negotiations. Be prepared to walk away if the dealer is unwilling to meet your terms.