What to Consider When Purchasing a New Car

Your current car may be coming to the end of its life or you just fancy a change, there could be many reasons why you are looking for advice on a new car. Just like with buying a house or other expensive item you should never rush through the idea and always carefully consider your choices.

Check out our top tips and considerations to make before sealing the deal with a new car! 

Purposeful Driving

Most people get from A to B using a car these days whether that be for social events, commuting or other domestic use. You should look at the different ways that you need to use your car and then consider your average mileage per year. If you are mostly using your car for long commutes there may be some specific comfort features to look out but if the car is for domestic and family use, a larger number of seats. 

As long as your car is suitable for its usage and will get you to where you need to be, that is the main thing and if it meets your needs, there should be no problem at all.

Personalisation of Your Vehicle 

Whether you want to change the colour of the tyres or the type of seats such as leather seats, make sure you are totally happy with the final car. Especially if you are planning to spend quite a bit of money on something, review all of the different options you have as there might be something you missed during the process. You might even be able to get a bit of a deal from the dealership by negotiating on some of the added features you have requested, so it is always worth a try.

Budgeting & Running Costs

We all know cars and running a car itself isn’t cheap, but where can savings be made? There are many different options you can look at when purchasing in terms of buying outright, finance, and other forms of leasing, you might be wondering what is best for you. If you cannot afford to hand over a big portion of cash then finance might be the most viable decision but carefully look into the details on who owns the vehicle at the end of the time period. 

In terms of running costs, this will entirely depend on the car you decide to purchase. The main things to consider are fuel and tax, which will differ from vehicle to vehicle. Before you make a decision do some research into the estimated running costs for each of your choices and then you can review what is more worth it in the long run. You may want to pay more for a car outright and then pay lower running costs as this will cost you less money in the long run, it entirely depends on your personal circumstances.

Documentation & Agreements

Particularly if you have signed a lease deal or finance with your car, checking the small print is essential before finalising anything. Clearly read the terms and conditions, terms of sale and any other documentation that has been provided for review. 

Only put the pen to paper when you are completely satisfied. Once you have decided on your car the dealership will provide you with a delivery date, whether that be at their showroom or delivered straight to your house, and you can then move onto organising insurance for the first day. 

Happy shopping!

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