Planning to buy a car? If yes, you are in the right place. With festive discounts and other offers prevalent in the market, the timing couldn’t get any better. Also, with the imminent increase in car insurance premium from the beginning of the new financial year, you can save your hard earned money by buying a car right now.
In addition to the aforementioned reasons, we also have a lot of new models of cars belonging to various segments that are about to be launched. These models come packed with the latest features making them very attractive choices for the prospective buyers. The part of choosing the right car is quite crucial since it has a big impact on overall costs as well as convenience. Thus it is important that you choose the car wisely taking into consideration your requirements and other aspects pertaining to overall reliability. You can easily go about it by going online and visiting various forums that answer questions relating to buying a new car. To help you out, let us take a look at some pointers to get the best deal while buying a car.
RELATED ARTICLES :
- Go for a Revision Rhinoplasty to Get Over a Bad Nose Job
- How to Get Quality Backlinks Through Content Marketing?
- Choosing the Best Commercial Roofing Contractor
- How to Enhance Your Digital Marketing Strategy
- Los Angeles Moving Tips – How to Hire the Right Moving Service
While choosing the right car is vital, deciding on the budget is equally important too. Since buying a car is a significant investment on one’s part; it is essential that you chalk out the financial plan prudently so as to prevent any distress in the future. You can scour the internet for advice on the best car in a particular price segment and make a sound choice accordingly.
The way you pay for the new car also needs to be given a thought. To begin with, the price of the car should not be more than your gross annual earnings. Going for a loan or paying the whole price upfront is the big decision you need to make. Some financial experts advise against taking a loan for a low-priced vehicle. In that case, you can save for the car well in advance by diversified investments such as an SIP. Depending on the value of the car and your income, you can arrange for the necessary capital in around 3 years. If you are not ready to wait for long, going with a car loan will help. When it comes to a loan, always prefer a bank loan over a car dealer since more often than not, banks offer lower rates.
· Choosing the right variant
Generally speaking, cars are available in three variants. As a general rule of thumb, it is better to go for a higher variant since there are several features that can’t be upgraded or can cost a lot to upgrade. Also, certain safety features such as airbags and anti-breaking system ( ABS ) should not be compromised. The ideal way is to find a middle ground by going with a mid-range variant and upgrading as necessary.
· Car Insurance
Buying the right vehicle insurance is something that is very crucial which many people tend to overlook. In addition to being mandatory by law, car insurance is also important from the safety and well-being of the car as well the driver. You can reduce your car costs by comparing car insurance online and availing several discounts on offer. Also, you can take advantage of the No Claim Bonus too by transferring the discount from your current car.