Buying your first car can be an exciting experience. It’s your first bit of freedom to go wherever you please, whenever you want! No more waiting for the bus in the rain, only for it to arrive full and cramped due to rush hour.
But if you’re looking to stick to a certain budget, there’s a few important factors to consider first before you buy.
How safe is the car?
Being a new driver, you’ll want a car that is safe and easy to handle. You won’t want something with an engine so powerful that it’s difficult to control. As a rule of thumb, the newer the car is, the safer it will be as more recent models include added safety features like parking sensors, and extra protection for you and whoever is onboard if you were to get into an accident.
Look out for things like Anti-lock Braking Systems (ABS) and Auto Emergency Braking (AEB) when buying your first car, as these will help you to feel safer on the road.
Do I buy new or used?
This will completely depend on your preference and budget. For example, if there’s a certain brand of car that you love, but you can’t afford the latest model, try looking at used car retailers and see what they have available.
You can choose from a range of different financing options, whether you’re buying new or used, so you can be sure that you won’t go over budget.
Remember to avoid car models that are over 10 years old as it’s likely that they’ll have a high milage, will require some work and might not have the safety features you require.
Is my credit good enough?
If you’re looking to get a car on finance, you’ll want to consider your credit score. Some lenders won’t let you buy a car with bad credit. You can try several different methods to boost your score such as paying off any overdrafts or outstanding bills on time or getting a credit card and making regular payments on it, however big or small.
If your credit score still doesn’t look great, there’s a selection of bad credit car finance providers who may be able to help get you on the road.
What is the car’s history?
Knowing the history of a used car is an important requirement before buying. A car with multiple previous owners in quick succession might be a sign that the car has some problems or isn’t the best to drive. It’s also important to know the mileage of the car and its MOT history, as a car that has covered a lot of miles will likely need servicing and potentially even a new engine if it’s had lots of wear and tear.
Any reputable salesman should be able to provide you with all this information, along with the vehicles logbook and manual should you need it.