What process do you use to purchase cables?

For me, completing my component upgrade cycle is the first step. No point in thinking about interconnects and/or cables unless you have the components they will be used with, fully broken in, and you completely understanding what they sound like. Once you have the system you want then you can start asking yourself, “is there something I don’t want interconnects and cables to do?” Is your system already perched on “too revealing”… or “too relaxed and not detailed enough?” You must work with your final set of components.

My last iteration was simply have them get out of the way. My components are all simply outstanding, the more revealing the better… not something that has ever been the case before. I know the most transparent cables will sound best. But in the past I needed them to be warm and not overly revealing or just a bit relaxed.

Here's the thing about cables if you buy them used and buy them right you can often buy, audition, then resell for what you paid. I did this for years and finally ended up on a setup I love, almost entirely copper. All that said don't worry about cables until you have the rest of your system set.

Adding to what @jond said. It takes a long time to fully appreciate the effect that a set of interconnects produces. So, after lots of research I almost always need to live with a couple different ones for weeks. I usually end up buying a couple different pair. Although my dealer has let me keep a couples sets of Cardas Clear Beyond for a couple months while I compared with a couple sets of Transparent I own. Right now the Transparent win on components and I am still unsure on the amp. 

Unless you are planning to purchase your components from the used market and you are truly looking for a place to start your cable search, consider the advice of your dealer. He can tell you which cables will work well with what you are buying and for what you are trying to achieve. Personally I have had the best results by staying within the same name brand for interconnects and speaker cables. I use a different brand of power cords but they too are all of the SAME brand. If you are going to buy used or not through a dealer, pick your components first. Then either ask for forum advice based on what you have or try one of the cable lenders mentioned. Good luck!

I think you're past process is a solid way to go.  Personally, do not feel cables make a significant difference (fighting words I know).  Of course, buy quality cables but feel speakers, electronics, and room is where to focus the money.  Just my opinion.