Connect
To Top

Guide to Buying a Car That’s Right For Your Needs

Shopping for a shirt in a mall is as easy as 1, 2, 3. But the same can’t be said when you’re looking for a car in a showroom, which may result in a lot of stress and frustrations. If this is going to be your first ride, it is hard to pin-point where to start, and that’s where research comes in. After all, all the resources you need to make the right choice are available at the touch of your fingertips.

Thinking about what kind of car do you want and which cars don’t attract you automatically narrows down your choices

Wants Vs Needs

First and foremost, consider what you want. Somehow you already have an idea of which car you want to be seen in, whether it’s the SUV you saw your neighbor riding or the luxury car your boss owns. In a way, it’s great that you at least have an inkling of what you’re looking for.

Cars have become a means of expression and they are often used as a status symbol. Chances are, you also want a vehicle that speaks volumes about you. If you’re a professional, you may decide to go with a sleek, sophisticated car. But as much as you should know about your preferences, it’s also important to know what you don’t like in a car.

Knowing which cars don’t attract you automatically narrows down your choices, which is somewhat a relief because there is an abundance of automobiles in the market from brands that offer different features that, in hindsight, may sound the same.

Moreover, making a list of specific preferences that you want in your next car will make it easier to choose a brand that checks all the boxes. Do you want a pink car? Or maybe a Ghost Rider sticker-filled one? The bottom line is, know what you want, and narrow down the choices from there.

But along with thinking about what you want, be also mindful of what you need. The never-ending debate about whether to emphasize wants or needs is completely in your hands, since this is your car. But often, when it comes to making big financial decisions such as buying a car, needs should always come before wants.

Therefore, if you are going to get a car because you need one, some personal preferences might need to be set aside. Is the vehicle going to seat seven people? Then opt for an SUV or a van. Does your family love camping and heading out on long drives? Get a car that has spacious cargo room.

Weather Conditions And Seasons

Another factor to consider is where the vehicle will be used. If you live in a mountainous area, a car may not be the best option. Do you experience muddy roads in your neighborhood in specific seasons? Be sure you get a vehicle while keeping these factors in consideration.

Take your surroundings and the road situation under certain weather conditions into consideration when buying a car

Additionally, you will want a car that’s ideal for all seasons and this is correlated with where you live. If your area becomes problematic during rainy or snowy seasons, it is best to look for a vehicle that can at least handle the roads at dangerous times like these.

Budget

Next, what might be the most important among all factors for some people is the budget. Unlike buying a bag or a gadget where you just swipe your credit card and take the product home in less than an hour, car shopping is never easy, especially on the wallet.

Learn what car your budget can get you. What you want may not necessarily be something you can actually afford. That is the cold, hard truth that you’ll need to consider while shopping for the perfect car.  Car dealers may offer you deals that see, too good to be true, like “convenient” and “low-cost” monthly payments. However, you shouldn’t only think about the monthly payments but also other long-term expenses related to car ownership.

Don’t stick with what your car dealer says about the monthly payments and instead, do your own research about the long-term expenses for owning a car

As an example, opting for a luxury car translates into additional expenses. These types of vehicles need premium fuel, have more costly maintenance and repair, and higher insurance premiums.

But it’s impossible to find a car that has all the traits mentioned in this article. This is where you need to compromise. Decide whether you want to lease a car and save a lot of money or make an investment by purchasing one.

If your budget doesn’t permit you to get a car that has first-class optional features like an entertainment system, leave these out and just learn to improvise. You’ll not only show your creativity along the way, but you’ll also get to save tons of cash!

More inFinancial Advisor