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Monday, 12 March 2018 11:33

Factors to Consider When Buying a Car

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car whiteIf you are used to a life behind the wheel of a motorcycle, buying a new car can seem a daunting task.

There is so much choice available, and you may be asking yourself questions on fuel economy, color, model, and power. Whether you are buying a brand new car or looking for a reliable used vehicle, there is a host of places to find that ideal runaround for you. It’s best to determine what matters most to you and get an idea of the budget before heading out to the showrooms. If you have a plan in mind before you set out, this can help not get tempted by those offers or deals that may leave you out of pocket each month. Finding the best car for you is simple and here are some handy tips and things to consider when you’re in the market for a new car.


Set a budget

All the excitement of buying a vehicle can sometimes lead to spending a little over what was originally planned. If you want to get the right one for you, then this sometimes may happen but in reality, setting a budget and sticking to it is the best option. This budget should take into consideration elements such as how much it will be to insure and how many miles per gallon are you going to get out of it, as this could lead to higher fuel bills. Other bills such as maintenance should also come into consideration, as a bill for BMW repair may be quite different to that of a Prius. If you are using a loan or car finance to buy the car, considering how much you will need to pay back plus your other car-related expenses will give you an idea how much you’ll be spending each month.


Compare prices

Similarly to a motorcycle purchase, if you’re looking to buy a brand-new car and are willing to shop around, you might find many dealers will compete with others on price. This could give you a better price but may not result in finding you the exact option you want. This option may mean you have to compromise, but it could help you stick to that budget. For people looking at the used car market, there are a variety of options to choose from. If you have a fixed cash price you’re looking to spend, try to negotiate the ticket price, as if you’re willing to take the car away quickly you find a great deal under your original budget.


Do your research

It’s not a good idea to go into buying a new car blind. People could take advantage of this lack of knowledge, which may mean you end up paying more than you should. Knowledge is power, and there is a wealth of it everywhere you look. The Internet is a great place to start and can give you an idea of what cars and prices are around in the market. Another great place to look is review sites. These handy tools give you an insight into tons of car models including how they perform, their fuel efficiency, common issues and how much they currently sell for. Personal reviews are also a great way to gauge interest in a car, as people will always generally give an honest opinion on usability, driving experience and storage space.


Test drive cars

The ‘see now buy now’ spending culture has started flooding into the car market. It’s surprising how many people buy a car especially from the showroom and have not test driven the actual car they are buying. Although you may love the style and features of a car, you don’t know how it will feel until you get behind the wheel. Test drives are a great way to experience first hand what the car drives like in different conditions and whether you find it easy to maneuver. Larger cars and vehicles are particularly important to test drive, as they may be bigger than you expected or more difficult to drive dependent on what car you were previously driving.  


Ensure you have all the documents and check its history

If you are buying a brand new car, this isn’t something you’d worry too much about but for those that are looking at cars in the used market, checking the history of the vehicle is vital. As with personal credit history, a cars documents will tell you everything you need to know about its past. These reports will show you everything from whether the car has finance still on it, whether it was involved in any serious accidents and gives you an idea of its past servicing and maintenance needs. If the servicing documents and vehicle history are missing, that may be a red warning as the vehicle may have issues in the future that were not flagged at purchase. If the car has had any major problems and in particular, still has credit attached to it from a previous owner, stay clear of it, as this will only lead to more issues for you after you drive it away.     


Get a professional to check it over

If you are buying a used car, you may not be equipped to check the finer details such as mechanics or bodywork, etc. The car may look good and sound fine, but it may be hiding some dark secrets that are waiting to pop out as soon as you leave the forecourt. In these cases, if you are unsure whether something is too good to be true, ask a professional. A trained mechanic can accompany you to take a look at the car and take a closer inspection of the engine bay and chassis of the car. It doesn’t necessarily mean the garage is trying to sell you a dupe; it just might be they didn’t spot any issues themselves.


Inspect the car before driving away

When you are in the process of sealing the deal, the dealer will usually ensure the car is ready to leave the forecourt by carrying out certain checks. Before you hand over any cash, it is important to make sure the car is exactly how you expected it to be. Check for damage and unexpected wear and tear and be sure to raise any issues with the dealer or salesperson before you drive away.  

Last modified on Tuesday, 13 March 2018 01:40
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