Car prices have been rising for quite some time, and so have interest rates. So, if you need to buy a car right now, it's good to know how to save money.

With that in mind, we've gathered some important tips and information here that can help you save money when closing a deal! See below.

Okay, during the pandemic, automakers had to deal with many problems in the supply of raw materials and also constant production line shutdowns.

Thus, with a decrease in supply and a growing increase in demand, car prices rose. Furthermore, to curb rising inflation, the government had to increase the SELIC rate, the benchmark for setting financing interest rates.

Therefore, if you intend to buy a car, you need to have a good amount of money available. Or, you'll be subject to very high interest rates that increase the monthly payments if you finance the purchase.

So, at this point it's good to know some ways to save money when buying a car and get a good deal while spending less. Check them out below!

Want to buy a car but worried about the cost? You're not alone! Here are some tips to help you get the best deal!

Well, before you start looking for a car to buy, you need to make a plan according to your financial possibilities.

How much money do you have available? Will you be paying cash? How much can you put down as a down payment? What is the maximum monthly payment you can afford?

These are questions you should be able to answer, and by doing so, you can define what you are truly looking for within your own reality.

So, with the numbers in mind, you can now define the price range you should look for and choose the car you would like to have in your garage.

At this point, thorough research is essential, as there are countless brands and models available on the market.

So, with a little time and patience, you will surely find good opportunities according to your financial situation.

It's worth researching online, at dealerships, car fairs, or any other type of media, after all, it's your money at stake.

So, you've finally found the vehicle you wanted at a very attractive price and you're decided on buying it? Then it's time to negotiate.

Ultimately, if you have the money to pay in cash or a good down payment, don't be intimidated and negotiate to get the biggest discount you can.

Also, if you own a used car, try including it in the deal to pay less for the purchase.

Also, remember that your expenses aren't limited to just buying the car. Consider how much you'll have to pay for vehicle registration tax and insurance for the car you've chosen.

Also, pay attention to the IPI (Tax on Industrialized Products) rate, as it is constantly being changed by the government as a way to reduce car prices.

For example, in the last change the tax was reduced from 35% to 25%, but for some models the reduction was 18.5%. 

Furthermore, if you want to buy a car and save money, don't fall into the temptation of accepting all the additional accessories and features that salespeople try to push on you.

Therefore, check all the items that are being added to the final price of the car and eliminate those that you may never use.

So, by following the tips above, you'll certainly be able to buy the vehicle you've always dreamed of for a cheaper price and be satisfied with the deal.

But do you still have some doubts about whether you should buy a brand new car or a used one, or if it would be better to rent for certain periods?

So, keep reading and learn a little more so you can make a decision with peace of mind. 

So, all the tips above apply whether you're buying a new car or a used one.

However, if you ultimately realize that buying a new car is beyond your means, know that there are good alternatives to saving money by buying a used one. 

For example, have you ever thought about buying a car at auction? Well, at auctions you can find vehicles in excellent condition.

Moreover, auction prices are around 30% less than list prices, and can reach up to 50% in some cases.

Alternatively, you can also find good cars at car fairs where you can haggle quite a bit and get a good price.

Furthermore, consider that by buying a used car you will pay less for vehicle tax and the insurance will also be cheaper.

Logically, buying a brand new car is much better than a nearly new or used one, but this could be the solution for your financial situation.

And with good planning and a little patience, you can save your money until you can have the brand new car you deserve.

So, it's proving difficult to decide which model to buy, or whether it will be new or used?

So, you can reassess the real need to own a car and consider whether renting a vehicle wouldn't be a better solution.

Nowadays, rental companies and car manufacturers offer monthly and annual rental programs, or even longer periods, with many advantages for those who rent.

Ultimately, with these programs, you have a brand new car at your disposal and don't need to worry about all the implications of owning your own car.

Because the lease agreement already includes licensing, registration, IPVA (Brazilian vehicle tax) payment, and vehicle insurance. Furthermore, it includes preventative maintenance, periodic inspections, 24-hour assistance, and other benefits.

Therefore, it's good to think about and analyze your needs and expectations, because in many cases renting can be a more economical solution for your budget.

Now you know what to do to buy that dream car with peace of mind and at a lower price.

But if you're still undecided, click the link below and read our article where we compare what's more advantageous: financing or monthly subscription rentals, and make a great deal!