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Steer clear of these 14 common SUV buying mistakes

Steer clear of these 14 common SUV buying mistakes

The Sport Utility Vehicle (SUV) has gained immense popularity in the automobile market for its versatility, spaciousness, and off-roading capabilities. As prospective SUV buyers embark on their journey to find the perfect vehicle, they may encounter some choices and potential pitfalls. Here are some common SUV buying mistakes that can dampen the buying experience. Overstepping these mistakes can help prospective buyers make informed decisions that lead to a satisfying and trouble-free ownership experience.

Neglecting research
One of the most significant mistakes an SUV buyer can make is to skip the research phase. Before setting foot in a dealership, it’s essential to determine what features and specifications are most important for one’s needs. Researching different SUV models, their safety ratings, fuel efficiency, and available options can prevent hasty and regrettable decisions. Additionally, one can also utilize free online services to research the current market prices for vehicles in their local area to ensure they pay a fair price for their chosen SUV.

Underestimating fuel efficiency
SUVs are notorious for their fuel consumption, but not all models are gas-guzzlers. Potential buyers should consider the vehicle’s MPG (miles per gallon) rating, which can have significant financial consequences. Using an SUV for daily commutes that get less than 18/26 mpg can be expensive due to excessive fuel consumption. Ignoring the importance of fuel efficiency not only affects the buyer’s budget in the long run but also has a broader environmental impact.

Not understanding the different types of SUVs
Not all SUVs are created equal, and failing to understand the different types can lead to dissatisfaction with the chosen vehicle. SUVs can be divided into many categories, like Crossovers (CUVs) that are compact and cater to urban drivers, Mid-size and full-size SUVs, electric SUVs, 3-row SUVs, compact luxury SUVs, and 3-row full-size SUVs. Each type offers distinct features and capabilities. Understanding these distinctions helps buyers select an SUV that aligns with their lifestyle and preferences.

Overlooking size and parking considerations
Neglecting the vehicle’s size can lead to practical issues after taking possession of the vehicle, such as difficulty parking, maneuvering, or fitting it into one’s garage or parking space. Therefore, it’s crucial to assess the SUV’s dimensions to ensure it can comfortably fit into one’s daily routine.

Disregarding safety features
Safety should always be a top priority when buying an SUV. Many models have advanced safety features such as collision avoidance systems, blind-spot monitoring, and adaptive cruise control. Ignoring these features may put the buyer and their passengers at risk.

Forgetting about resale value
While it’s exciting to pick out a new SUV, it’s also essential to consider its future resale value. SUVs depreciate in value over time, but some models retain their worth better than others. By researching the depreciation rates of different models, buyers can make a more informed decision and potentially save themselves money in the long run.

Rushing the buying process
A common mistake made by eager buyers is rushing through the purchasing process. Impulsive decisions, especially for big purchases with significant financial implications, should be avoided. One is advised to explore different options, negotiate prices, and carefully read the fine print in any contracts, especially for deals that seem too good to be true.

Neglecting space in the second row
One should be especially mindful of the cargo space and seating capacity in the second row and opt for an SUV with sufficient comfort and flexibility of the rear seats. Neglecting this aspect can result in discomfort for passengers or inadequate storage for the buyer’s needs.  

Getting unnecessary add-ons
When individuals make an SUV purchase, they should avoid unnecessary add-ons such as rustproofing, windshield coatings, or imaginary sports team mascots. These extras are often highly profitable for car dealerships, but most are not essential. While they may not cost much when singled out, they may add significantly to the overall cost of the vehicle.

Being fixated on a particular SUV early on
Being fixated on a specific SUV gives one a tunnel vision, leading buyers to reject potentially better-suited alternatives that could accommodate more of their needs. In addition, salespeople can become less flexible when they sense a customer’s unwavering commitment to a particular model, making negotiations challenging. It’s better to inform the salesperson that one is genuinely interested in buying a vehicle if the terms are reasonable. This approach fosters a more constructive and flexible negotiation process.

Only focusing on monthly payments
A common mistake is focusing solely on monthly payments when evaluating the affordability of an SUV. A dealer can lower one’s monthly payments by extending the loan tenure or bumping the down payment. Buyers should consider the full financial picture, including the total cost of the vehicle, interest rates, loan duration, and other expenses like insurance, fuel, and maintenance.

Not negotiating enough
Another common error is starting negotiations from the MSRP (Manufacturer’s Suggested Retail Price) instead of the dealer’s cost, which can end up costing more to the buyer. The dealers often have a different and lower price on the dealer invoice. So, one should focus on that price point to begin negotiations. To avoid losing out on a good deal, one can contact dealers online for free price quotes. This step can reveal which dealer is more flexible on pricing and willing to offer discounts.

Neglecting test drives
Test drives are an essential step in the car-buying process. Buyers must experience how the vehicle handles, how comfortable it is, and whether it suits their driving style. A test drive can also help identify potential issues or discomforts that might not be evident through online research alone.

Skipping the pre-purchase inspection
It’s critical not to skip the pre-purchase inspection for any type of SUV, even if it is brand new. A qualified mechanic can identify any issues that might not be apparent to the untrained eye. This step can prevent unexpected maintenance costs in the future.

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