Choosing a new car

choosing new car Choosing a new car

Choice of new cars is now even greater as disability cars are becoming a lot more common
Choosing a new car, either brand new or secondhand, is both exciting and stressful in equal measure. It is a big decision, not only because of the costs involved but also because once the choice has been made, for better or worse, most people will have to stick with the car for several years.

Before beginning your search you should ask yourself a number of questions. The answers to these will determine exactly what sort of car you should be looking for.


Firstly, think about what you can reasonably afford to spend on a new car. Bear in mind that if you purchase a secondhand vehicle from a private seller you might want to employ a mechanic to check it over for any potential faults. Many of the major motoring organisations offer vehicle inspections for a fixed fee. Try to factor in a contingency fund for this purpose.

Also consider the additional costs involved in buying a car, including road tax, MOT and car insurance. Before going ahead with a purchase it is a good idea to check which insurance group it falls into, as well as the Vehicle Excise Duty (VED) you will have to pay. If you are planning to use finance options, ensure you calculate interest and fees before signing the loan agreement.

With fuel prices higher than ever it is advisable to add up your potential annual millage. This will give you some idea as to possible fuel costs and will allow you to compare the fuel economy of various makes and models. It is worth remembering that diesel cars are often, but not always, more economical on fuel when compared with petrol engines of the same size. You can estimate approximate fuel costs using online calculators.

Size and type of vehicle

Think about who will use the car and for what purpose. The size of your family and what your needs are will have an impact upon the type of car you choose. Consider how many seats you will require and what equipment you will need to carry. For example, if you, or a family member, are a wheelchair user, you will need a car that has the space to accommodate this. Luckily disability cars are becoming a lot more common and there is a good range of specialist vehicles to choose from. Similarly, if you are planning to use the car to transport work equipment, you might want to find a model with removable seats.


Particularly if you are planning to buy a new car, it is essential to remember that your vehicle will depreciate in value even as you drive it off the forecourt. The most significant loss occurs during the first year, typically between 15 and 35%. Speeds of depreciation will vary depending upon the make and model of the car, but the worth of nearly all cars will be decreasing steadily over time. Popular makes and models are known to hold their value more easily, especially when they are well looked after.


Source: http://www.theaa.com/finance/calculators/credit-card-fuel-calculator.html

Image: freedigitalphotos.net Vichaya Kiatying-Angsulee


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