Buying a Car

Submitted by: Submitted by

Views: 93

Words: 503

Pages: 3

Category: Business and Industry

Date Submitted: 03/23/2014 08:08 PM

Report This Essay

Buying cars in the US is a virtual delight to all. One does not need to go to car showrooms to look for cars or go to the used car rooms to hunt for a model. All they need to understand is the budget requirement for the car. The ease with which one can look for a car within their budget makes it so easy to decide on choices.

People normally spend days together to even decide what to buy. The online shopping portals have made choices so easy and comfortable. People normally use www.cars.com to look for cars within their budgets. The web site is so user friendly that shoppers can have a wonderful idea of whatever they intend to purchase and that too in the vicinity of the place they stay.

I had first decided on my budget. I can set apart $50,000 for me to have my dream car, which is an Audi Q5 TDI Prestige. I know it is expensive, but if I’ll compare the price of Audi, with loaded features, to other cars then Audi has the cheapest one. As what Kelley’s Blue book review to Audi, "If you're looking for a 5-passenger luxury SUV that wears many hats, the 2014 Audi Q5's combination of power, performance, luxury and ability will likely strike a positive note."

Kelley’s Blue book:

The price offered by Kelley’s blue book for Audi Q5 are the following.

a. Factory Invoice is $51,586

b. Fair Purchased Car is $52,913

c. MSRP is $55,395

The price under Kelly book is lower than the price I’ve seen to other websites. So I think other websites might be overpricing for at least $2,000-$3,000.

As for the insurance, I chose to have full-coverage insurance. Meaning, my insurance consist of Bodily Injury Liability ($50,000 per person, $100,000 per accident) Property Damage Liability ($100,000 Per Accident), Medical Payments ($5,000 per person), Uninsured/ Underinsured Motorist Bodily Injury ($50,000 Per Person, $100,000 Per Accident), Collision ($500 deductible), Comprehensive ($500 deductible) and Rental Reimbursement ($30 per day). For this insurance, my 6 months...