Guide To Buying A New Car
Buying a new car is widely regarded as one of the biggest financial commitments you’ll make in your life. This guide is filled with top tips to make for an entirely painless purchase and minimise the chance of any nasty surprises.
1. Establish a budget
The first step in choosing a new car should always be deciding how much you’re willing to spend, and sticking to it. This will help eliminate many cars that simply don’t fit the financial bill.
If you’re likely to use any kind of credit, be it a Personal Contract Purchase (PCP) or Hire Purchase (HP) agreement, a personal loan or credit-card payment, you’ll need to know exactly how much you can afford to repay each month. Having established how much you want to spend, you’re in a great position to check the borrowing deals your bank can offer, to compare dealership offers.
It’s worth remembering that ongoing maintenance costs and the general running of a car need to be accounted for, so as well as setting a budget, its worth having a contingency plan for unexpected repairs and other unpredictable life events.
2. Be realistic
Before you start browsing, think about what you really NEED from a new car. There’s no point buying a two-seater convertible if you’re about to start a family, so be realistic in what your essential requirements are with regards to size, space, fuel etc. and go from there.
One way of obtaining the best deal, is buying at the right time. Many dealers have monthly and quarterly sales targets to meet making the end of March, June, September and December a good time to buy. They need to sell cars, so are often more willing to negotiate.
4. Try before you buy
Taking a car or a test drive is a very important step in the car buying process – new or used. Before you put it in gear and get to know the controls for a safe trip. Set the mirrors and adjust your seat for safety. Tilt the steering wheel to the position that feels best to you, and head out on your journey.
Make sure you have insurance in place as soon as you become the legal owner, even if you’re not driving it just yet. This is because if anything happens to it, it’s your responsibility.
Even if you consider yourself to be an exceptionally good driver, what happens if you’re involved in an accident on the way home that isn’t your fault? It’s illegal to drive on public roads without insurance. Get a Quick Online Quote at its4women.ie and see how much you can save on your car insurance.
As an online based company, its4women.ie provide all customers with an online account which enables them to self-maintain and manage their account. By providing customers with an online account, they are able to proceed with amendments at any time. This facility makes it easy to do the following:
- Make permanent and temporary changes of vehicle
- Make permanent and temporary changes to drivers
- Update your personal details
- View your documents
- Check the status of your account
- Upload documents
- View any claims against your policy
- Renew your insurance
- And more...
All cars come with a warranty, but some are longer than others depending on the age of the car and the number of miles on the clock. A warranty acts as a safety net, and could save you £1,000s if there are any problems.
7. Sell your current car privately
If you need to sell your old wheels, you can benefit £1,000s from selling your car privately as opposed to part-exchanging at the dealership. This option is more time consuming and requires more effort so if you’d rather save on hassle than money, this might not be the option for you.
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