If you’ve been waiting to take your driving test for some time, you’re in luck as all learners can start taking their tests again following lockdown.
However, while you may be prepared for the test, or even if you passed your test before lockdown, you’ve probably got your eyes set on something that’s much more fun – getting your first car.
While the thought of getting your first set of wheels is extremely exciting, there are a few things you need to consider before rushing out and making a purchase. Below, you’ll find some super helpful tips for buying your first car.
Used or new
You may think you want a sparkling new vehicle, however, a new car loses value as soon as your drive away from where it was bought. This can be as much as an 11% decrease in value. And, seeing as it’s your first car, you don’t want to go forking out an absolute fortune.
Therefore it’s probably best to look for something that’s used but still working perfectly as it’ll cost less and most of the depreciation will have taken place. With various reputable Vauxhall dealers and other garages dotted around the country, finding your first car should be a breeze.
This fits into the above perfectly, after all, you may have no option but to go second hand as new cars can cost a small fortune. However, even then, some second-hand cars can be a bit pricey depending on the model you’re looking at.
Therefore it’s best to set yourself a budget. The best way to do this is to look into how much you earn and your current outgoings to see what you have left. You’ll then be able to work out a reasonable amount that you can pay each month, or save each month, to help pay for your new set of wheels.
Ok, so you’ve figured out the budget you have to buy your car, but, is this the true budget?
A lot of people tend to forget that with a car comes a host of other outgoings that you didn’t have before, such as tax and insurance that’ll be going out each month. So, before you decide on the model for you, make sure you do your homework and find out how much this could cost each month and re-asses your budget to ensure you have enough to live on.
Consider your needs
Now that you have your budget you’ll be able to find your car. But, make sure you consider your needs. Will you be making long journeys, will you be driving other people around, what’s the weather like where you live?
All of these will contribute to the type of vehicle you’ll need to buy.
So, as the country returns to normal, get out and start looking for that vehicle that’s perfect for you and your needs.