Buying a new car can be fraught with worry. Although it can be an exciting purchase for many reasons, it is also a nerve-wracking thing to do, as you are paying a huge amount of money for something that seems like an unknown quantity. But luckily there are a few things you can consider to make sure that your purchase is as informed as possible.
Figure Out Exactly What You Need
First of all, it’s important to think about what exactly you require from your new car. First and foremost: do you even need a new car at all, or do you just want something new and shiny? If you don’t already have a car, would the additional costs of parking and insurance be worth it, or is the public transport system where you live reliable and effective enough that you can rely on that instead of purchasing your own vehicle? If you’re sure that you need a car, it’s time to work out what exactly you need from that car. If you live in a remote area where you have to drive over miles of loose pebbles and grass to get to your home, then your needs will be vastly different from a person who lives in a city and only needs to use their car to commute. If you don’t need a huge engine with vast amounts of power, don’t get one – it’s much more expensive and less environmentally friendly to do so.
Should You Go With A Used Car?
It can be tempting to get a brand new car but a lot of the time, a used car is a much more financially sensible. Cars depreciate hugely in value over time, which means that if you decide to resell your car in the future, you will be losing more money than if you had previously purchased a used car. You will also find that if you get a used car, you will be spending a lot less money on your insurance. It’s a good idea to go to a used car dealer than to buy a used car through an individual private seller – that way, you know that they have been looked over by mechanics. They also often come with warranties and breakdown insurance. There is also a whole lot more choice with dealerships rather than individuals, so it’s great if you know what sort of car you want – for instance, picking a Ford dealer will ensure that you’ll be able to get whatever Ford you want. A used car is also a good idea because paying less upfront may mean that you won’t have to enter into a payment plan and pay any interest.
Figure Out What Cars Are The Best Value To Operate
Depending on your financial situation, it’s definitely a good idea to work out what cars are the best value to operate before you slap down your hard-earned cash to make your purchase. Smaller cars obviously run more cheaply than larger ones, as larger engines burn a good deal more fuel. However, this changes if you use smaller cars to drive quickly along long distances, as smaller engines burn more fuel when they’re being driven quickly, so in that case a larger vehicle would be more cost effective for you. Manual cars are cheaper to buy than automatics, so if you can drive a stick shift and the slight inconvenience doesn’t bother you, they may be a better option. Petrol cars are cheaper to run than diesel, while electric cars are more expensive to buy but a lot cheaper to top up, so in the long run you may end up saving money. Finally, cars with lower emissions will mean that you have to pay less tax so they will be cheaper to run, along with being a whole lot more eco friendly.
Learn To Negotiate
When it comes to buying a new car, negotiating is definitely key to make sure that you get the best price for you. This might involve trading in your old car, getting some extras thrown in – seat covers, anyone? – or knocking some money off the asking price. This means that it is important to do research beforehand so that you know what other similar vehicles are selling for. You also shouldn’t make it clear that you’re willing to buy a car that day or that you’re desperate for a new car – if you seem happy to walk away without making a purchase, the salesperson may throw in a better deal to tie you into buying a car that day.
Make Sure You Take A Test Drive
Test driving your potential new car is the only way to really make sure that it is the best vehicle for you. Until you are behind the wheel, you won’t know if it’s a good purchase or not. There are a number of things to check for during your test drive – don’t just think ‘This feels fine’ before handing over your credit card. You need to double check the brakes by doing an emergency stop – this is important to check out the safety of the car. You should also make sure that you drive on different sorts of roads, including motorways if possible. Make sure that the car steers well and that it feels balanced, without veering over to one side of the road. Check out the space within the car – if you are single then you may not have to worry too much about the back seat but if you have people who are regularly going to be travelling in the back seat then you should sit back there for a moment while the driver’s seat is in position to make sure that there is plenty of space back there for any passengers. Listen to the engine as it drives to make sure that it isn’t too noisy, and ensure that the suspension is working well and absorbing any bumps in the road.
Although buying a new car can be stressful, these tips should help you pick the best one for you with minimal hassle.