So you are close to finishing your driving school lessons, and it’s time to plan to buy your first car. Buying your first car can be exciting but at the same time quite challenging. Besides a house, buying a car is next big one-time investment by any individual. A car provides comforts and helps you to overcome the limitations of exploring the world in your spare time.
There are abundant options in the market with respect to the models suiting everyone’s needs. But choosing the right car still remains a difficult task, especially for the first time buyer. It requires a lot of research and planning, for some, it becomes a daunting nightmare.
Following are some tips to be kept in mind while making your first purchase and ensuring that you end up with the best option-
Evaluate your needs
Be honest about your needs and assess your requirements as precisely as possible. Do not get enticed by fancy cars available in the market, they might come with some complicated features that you do not require or not be able to operate as a first-time driver. Choose what features carry more value for your needs and what don’t. For example, if you have a family then a two-seater car is unlikely to be suitable whereas considering buying an SUV for a similar purpose is likely to be more expensive.
Any car model that you choose will not be perfect for every situation, but it is quite easy to choose the one which is most beneficial for you and your lifestyle.
Setting up the right budget
Deciding on a budget to buy a car is very crucial. It will help you to determine the type of car that meets your needs and ensure its affordability within the set budget range. With this parameter, you will be able to determine whether to buy a new car or a used one.
Another big issue with driving is having to pay for all the running costs like fuel, road tax, and insurance. In addition, washing your car, checking tire pressures and oil levels demands monthly attention and have to be duly taken into account while calculating your budget.
Hesitation in buying a used car
People often re-think their decision of buying a used car as it carries a lot of difficulties. But, one should not overlook the advantages that a used car has over a new car, especially for the new drivers.
The value of a new car loses a part of its value the moment it hits the road and continues to depreciate significantly during the initial years of ownership. Moreover, its resale value is much less than its initial cost.
Take a test drive
Make sure you take a test drive for each option shortlisted to see how you feel in it and how it performs. There may be a possibility that a car with all features is highly uncomfortable for a new driver and the only way to know about is to try it first.
Take a few rounds and check all the primary features of the car like smooth accelerator, emergency brakes, efficient air conditioners, parking ease etc.
Look for extra benefits
Before you finalize the deal, make sure that you have done a proper research in the market. Shop around enough and consult atleast 2-3 different dealers and calculate the unique benefits each one is offering. Look out for the various finance options and the best insurance schemes to suit your budget and make sure that the dealer provides thorough assistance.
Speak to the sales staff about the added accessories that they might offer and the various service dates for your car. Also, don’t forget to try negotiating on the price to save you from overpaying.
After purchasing your first car, ensure that you resort to safe and smart driving skills. Do not get influenced by zooming cars passing by and remember that you should be well acquainted with the feeling of controlling a vehicle without any distraction.