Buying your first car is exciting and scary, giving freedom and responsibility in one go. As such, it’s important to consider a few essential things when looking to make that first vehicle purchase. Doing so will ensure you get the best value for money and have the appropriate cover. A little bit of responsibility equates to greater enjoyment later.
Setting a realistic budget is vital as buying a first car involves more than the car purchase itself. If you’re using a finance service of any sort, monthly repayments, including interest, need to be manageable. Consider how quickly vehicles depreciate versus how long you wish to pay off the finances. Remember to factor in additional running costs like insurance, breakdown cover, and fuel when looking at how much it’ll cost each month.
Insurance is vital for protecting yourself from accidents and other unforeseen events. Sometimes breakdown cover is included with comprehensive insurance policies, but it’s not the only way to get it. Are extended car warranties worth it instead? If you’re looking for a new or recent model, they are worth looking into and can save you a lot of money in repair costs should the car be faulty.
Many factors influence the type of car you choose for your first one. Will a particular model significantly increase insurance premiums and affect your budget? Do you need a family car, or will a compact model suffice? Can you afford an electric vehicle, and if so, do you have access to charging facilities? Take into account all such things when looking at which model to choose.
Also, Read: Common Mistakes New Drivers Make When Buying a Car
Try any potential choices by taking them for a test drive so that you can get a feel for them can figure out what feels best for you to drive. Pay attention to how the car performs and note any potential issues, such as pulling to one side. Don’t be afraid to put the vehicle through its paces, as some problems are more apparent at higher speeds than low ones. You’re not only looking for any issues but making sure you are comfortable in the driving seat,
Online reviews are an excellent way to find out how various cars perform in the real world, and which are the best dealerships to buy from. Make good use of these tools in the decision-making process. Check out views on which dealerships have the best customer service and reputations. Approaching a respected dealership will make for a nicer car buying experience than those known for treating customers poorly.
If you’re unfamiliar with vehicles, ask for advice from a trusted person who does. Use this as an opportunity to learn so that you feel confident making car buying decisions alone in the future. Remember that this is the first car that you’re buying; take helpful advice but don’t hand the process over, or you may not get what you want.
Once you’ve thought about these things, you’re in the best position to take the plunge and buy your first car. Happy driving.
