paisley from drone

Purchasing a new car can be a daunting prospect. However, if you take the right approach, it does not have to cause you any undue stress. Below is a guide on buying a new car and getting the best deal.

Decide the car type you need

First of all, you have to pick the type of vehicle which matches up to your requirements. How many seats do you need? Do you want petrol or diesel? Perhaps you will venture into the electric car market now rather than waiting around?

Put together a list of the essential requirements for your future vehicle. With this list, you will be able to easily disregard any cars which do not cover your needs.

Set a budget

While financing opens the door to more extravagant vehicles, it is essential you stick to a budget which is realistic for your means. After all, you do not want payment instalments which you cannot afford each month. When putting together your budget, you will likely also have to factor in how much is required for a deposit.

New or used?

One of the biggest decisions you have to make is whether you will purchase a new or used vehicle. Your budget is going to play a vital role in this decision, as a brand-new car is naturally more expensive than their used counterparts. Of course, this varies depending on the manufacturer you choose.

Buying a new car has numerous benefits. You get access to the latest technology, while you may also be able to enjoy low-interest finance deals. However, along with generally being pricier, the value of a new model is likely to drop quickly when compared to an older vehicle.

Settle on a route to financing

Even though it is the ideal path, few people fully pay in cash for a car – particularly if it is a new model. Fortunately, there are many financing choices available, so the purchase remains a viable one. Financing options include:

  • Personal contract purchase (PCP)
  • Hire purchase (HP)
  • Personal contract hire (PCH)
  • Bank loan/personal loan
  • Manufacturer new car finance

For the pros and cons of each type of financing, Buy-a-Car has a helpful guide to follow.

The finishing touches

You have done it. You have bought the car you wanted. However, there are still steps you need to take before the vehicle feels like your own.

For instance, if you have splashed out on a fancy new motor, you may want to go with a personalised number plate. Getting a new plate is easier than you may imagine. SwiftReg is a cherished number plate specialist and, as the name suggests, you can get a new registration in a swift manner.

Of course, there are other ways to customise your car so that it matches your personality. You can go with indoor roof lighting, new rims, decals, and so on. Although if you are customising a brand-new vehicle, it makes sense to receive professional assistance for the job to be done correctly – even if it costs a little extra.