Choosing the right car can be one of the toughest decisions you might face – as tough as choosing which Netflix movie to watch on the weekend!
With a myriad of cars to pick from, choosing the right one is always a BIG decision. So here are the five steps you need to take before choosing the right one.
1. List your needs
The first thing is to get yourself a pen and paper and list down the main specifications you need in a car. Ask yourself a few helpful questions to know your exact needs:
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- What are your needs/preference on the car’s body style?
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- Do you need a full option car?
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- What kind of streets will you normally drive on. Do you need a sedan, a 4×4 or something else?
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- How many passengers will you be carrying most of the time?
Of course, you need to put into consideration whether you are looking for something that is fuel-pocket-friendly or eco-friendly as well.
So list down the main needs you want in the car so you can find what you need sooner.
2. Set your budget
Once you have an idea on the specifications of your future car, you need to set your budget and understanding on whether you would be a cash buyer or financing with a bank. It is important to set a number in your mind. When choosing the financing options, always make sure that the monthly payment doesn’t exceed 10 to 15% of your monthly income. Financing can help make it easier to acquire a car, but needs planning so that you won’t trouble your monthly expenses.
3. Used vs new
After you set all of the above, you need to do your homework, explore the market and know whether your desired car can be purchased used or new. Used cars can be the better option in terms of expenses, but new cars come with some privileges such as car servicing.
Go online and find the best dealerships for used and new to find the best options that goes with your needs and budget.
4. Sales and offers around the corner
Once the needs are set, the budget is ready, and the car(s) you have in mind are set, it is time to Google the latest sales and offers on your future ride.
Most car brands and dealerships have on-going offers and sales, so whether it is free insurance, cash back or zero down payment, do your part and always look for offers and deals before finalizing your purchase.
5. Book a test drive
Here comes the final thing you need to do before the dealer hands you your key.
Make sure you book the car for a test drive. It is very important that you take a drive in the car you’re interested in to make sure it has everything you were looking for.
Once your five steps are done, you are good to go to roam the streets with your new car!