Buying a car is a pretty exciting thing! You’re finally able to have your own four wheels and you can save on transportation and commute time – it’s a great thing to have your own vehicle.
But how do you know which is the most suitable car for you? Buying a suitable car is essential and you have to look beyond appearances. Sure the red sports car you’ve been saving up for looks tremendous, but do you really think it’s the best purchase?
We’ve got a great list of 6 tips to choose the most suitable car according to your needs and other factors that come along with car ownership! Are you ready? Read on!
1. Assess Your Needs and Preferences
It is vital to analyse your needs and preferences before deciding which car to get. Do you need a vehicle to aid your daily commute? Do you need a car for functional or family purposes? Do you need a car just for fun?
Making a quick list of why you need a car is a great way to begin – after all, it’s quite an investment and you have to be sure it meets your needs.
2. Decide Your Budget
You also want to plan out your budget before buying a car. When buying a car, you’re considering the cost of the vehicle, the cost of fuel, maintenance and insurance, too. In other words, look for a vehicle that has guaranteed future value for you.
As a general rule, your car purchase shouldn’t exceed 10 – 15% of your monthly payment; so don’t go broke trying to buy the perfect car. Trust us, buying a car that you can’t afford is not a good decision.
3. Will You Purchase The Car Or Lease It?
You also need to consider how you’re going to acquire the vehicle of your choice; will you purchase it or will you lease it? With leasing, you’re able to purchase a pricier vehicle for less and the factory warranty covers most repairs.
When it comes to purchasing, you’re limited by your budget but are also able to do much more with it, like selling it and also eschewing mileage penalties – so think about it.
4. Shortlist the Cars That Fit Your List
You shouldn’t just stick to one car when you’re doing your research. Essentially, you should shortlist between 2 – 3 cars that fall within the same class of vehicles, budget and function. By doing this, you have a few options to choose from. Shortlisting cars will also give you a better idea of which one is better to purchase and which has more value.
5. Take Your Chosen Cars On a Test Drive
Of course, this goes without saying – take your chosen vehicle(s) for a test drive! By doing so, you’ll be able to learn the pros and cons of your potential purchase first-hand.
Besides, a car may seem amazing at first, but you don’t know how great or disappointing it is until you get into the driver’s seat and take it for a spin. To schedule a test drive with your car dealership.
6. Consider the Cost Of Maintenance
You should also consider the long term pros and cons of owning a car. After a certain mileage is reached, some cars need to go in for maintenance and upgrades, so be sure that you can afford it.
Other than that, also consider if you can afford bulletproof insurance for your vehicle. Not only does good insurance save you money, but it also protects your purchase.
So the next time you eye a car of your choice, apply these cool tips before making your purchase at the dealership!