Thinking about buying a new car can be exciting but it can also be an incredibly overwhelming pro-cess. It’s also a situation that requires you to step back, take a breath and examine your options be-fore pressing on. Because otherwise, you could end up with a car that is impractical and overpriced.
Knowing where to start is half the battle so here, we’ve put together a few of the top questions you should be asking yourself before putting the feelers out for a new motor.
How much do I want to spend?
Establishing a budget for your car should be the very first step you make, as it’s easy to fall into a trap and end ups spending more than you can afford. You also need to decide whether you’ll be buying the car outright or perhaps paying for it in instalments by purchasing your car on finance? Either way, set a definitive budget and don’t waver! And always be careful with the optional extras.
What type of car am I interested in?
You’d be unwise to choose a certain car on aesthetic value alone. So, the first thing to decide before you even start your preliminary research is this – what kind of car do you need? If you live alone and rarely require much in the way of storage space then you might want something small and practical, or maybe a two-seater sports car if you want to spoil yourself?
Or maybe you’re the head of a busy household with 2.4 children and a couple of excitable pets? In this case, you need to think practically about the size and the safety of the cars you’ll be looking at. So, before looking online or visiting any car dealerships, ensure you’ve first decided on exactly the kind of car you’re looking for. It will make the process so much easier.
What can I do to save money?
There’s no escaping the fact that a new car is a major investment, secondary only perhaps to property when it comes to the ‘big investments’ we’ll make throughout our lives. So, aside from choosing the car itself, you also might need to consider cutting down on a few luxuries to make room in your budget for this new ‘member of the family’. It will be worth it.
Where is the car available?
There are two avenues to go down when buying a new car; do you simply settle on a vague idea of the kind of car you want or do you single out a specific make and model that’s perfect for you? If you’ve decided on the latter then you’ll need to figure out where that car is being sold.
It’s important to shop around here. Visit as many dealers and brokers as possible and always go in with an open mind. You might go in with one specific idea but discover in the process that there’s a car that makes more sense for you.