Choosing The Right Car

Choosing Your Car
Buying Your First Car
Maintaining Your Car
First Time Buyer Quiz

For first time driver’s there are many factors that will affect the first car that you drive. You may be lucky to inherit an old family car, or you may have to save up to buy your first car. Primary factors that you should take into consideration when choosing the right car should be safety and budget.

Safety

We recommend shopping for your car from a reputable dealership so that you know the vehicles history, and can be sure that the car is in sound working order. This will also give you the peace of mind, knowing that there is someone you can contact, should your car have an issue. Buying a car sight unseen from Craigslist or Ebay may sound like a great way to economize, but this could be risky. Before purchasing, make sure that you get the car checked out by a mechanic. Also be sure to ask for vehicle maintenance records and look at a Carfax A car that needs a lot of repairs could prove to be very expensive.

Budget

Do your research! When you find a car you like, look up the make, model and year and find out what similar cars are selling for. A great tool to find out a cars ‘true’ value is Kelley Blue Book. Through doing this you can find out whether the car you are interested in is overpriced, underpriced or priced fairly. Liking the way a car looks doesn’t mean it’s comfortable to drive, schedule a test drive to get a feel for the car, and if you feel comfortable driving it. The sticker price of the car is not the only cost. Before purchasing, check with multiple insurance companies to find out how much insurance will cost. All cars’ insurance rates are dependent on vehicles age and specifications as well as your first time driver status. There are also different levels of insurance. Opting for the minimum needed to drive legally may be enticing, but may prove expensive. As a first time driver, protecting yourself with higher coverage should you be involved in an accident may be the smartest investment that you can make. Other costs to consider are running costs of the vehicle, which will vary depending on how often you plan to use it and what distances you plan to drive. Consider more economical choices, electric vehicles or hybrids to offset the rising gas costs. Use this calculator to figure out how much you will likely spend on gas per month.  If you cannot afford to buy your first car outright you will need to get financing for your car. If this is the case minimizing the size of the car loan will automatically save you money. If you must finance your car work on improving your credit score. Finance rates dramatically differ based on these scores, and even gaining a few positive points could translate to big money saved. Check here to find out how much you can expect to pay if financing your car.

Buying Your Car!

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