The amount of variation in cars and their price tags can be dizzying, so how do you select the right one? Here is six questions to ask yourself to help begin to narrow the choice down.
- What Do I Like, What Can I See Myself In?
Above all else you first need to figure out what you like, and what you can see yourself in. There is no point looking at Jeeps for example if the only thing you want to drive is at a Cars and Co BMW dealer! What make and model is your ideal, what is similar and what years would you prefer to buy from. You have to be somewhat satisfied with the car you chose because very few cars don’t lose value as they age so it is a serious investment that you will likely not see profitable returns from.
- Considering My Preference, What Can I Afford
Now that you know what you are aiming for you need to see what they are worth and if it is practical to buy whatever it is that falls within your budget. Ideally you will be able to afford something that hasn’t done too many kilometers or is too outdated. Before making any moves you need to do your research look into dealerships, car yards, and private sales so that you are sure you aren’t paying more than what it is worth.
- Is What I Want Practical For My Needs
If you have found your dream car (or close to it) and it falls within your budget, you need to consider the pros and cons of the purchase. Ask your self more questions like:
- How many people do I need to move?
- Is this car good for the area I live in? (Urban, Country, Mountains, Heat, Cold)
- Is it economical with fuel?
- Can you afford everything (registration, fuel, insurance, servicing) on top of it’s price?
- New Or Used
Whether you decide to buy a new car or a used car depends on your preferences and needs. However, the main barrier is often price. If you are looking to buy new you should consider waiting until the new year and buying during deals like last year plate sales.
- Will I Want to Tow
Another important question that can be overlooked is if you will want to tow in the future. Not all cars are powerful enough to tow and some will only tow up to a certain weight. If you fancy yourself a caravan or trailer in the future you need to think about that now, before you make any purchases.
- If I can’t Swing It Can I Wait OR Do I Settle
If what you want is out of your price range, you have two options.
You can wait and save more and hopefully, the price will come down enough that you are able to afford it. Or alternatively, you can start to look elsewhere. Most cars have similar makes and models or you could buy something a little older than you were planning.
Whatever you decide on, just be patient and take it slowly.
You are very unlikely to find what you want right away and being too eager can lead to you spending more than you would like, or more than the car is worth. So take your time and remember to ALWAYS haggle!