A car is a very important purchase, especially if it is something that you use every day. For this reason, one must carefully consider a few aspects when deciding which car to purchase. With expensive investments such as buying a house or investing in a car, your skeptical persona should be on high alert. This is the time when you need to be extra picky and critical about your preferences and the specifications of what it is exactly that you want and need. Use these four criteria to guide you in selecting the best car that suits your style and use.
Though this aspect is mostly trivial for some car enthusiast who tends to be too technical with the engine build and overall performance, it is a big factor for the ordinary user. Like smartphones, the way a car is designed should match the personality of the owner or the driver. Some people prefer the rough and edgy look of small cars such as those that you can find in the Kia Picanto or the Ford Fiesta, and some still have a soft spot for the classic sedan design of the Suzuki Ciaz or the Nissan Almera.
Are you buying a car to drive yourself to work every day or are you buying it to serve the entire family? This is an important thing to consider because a car’s capacity and size can easily impact the level of comfort in the experience it will provide you. If you plan on using it for the entire family such as when dropping the kids off at school every morning, then it is best to opt for the SUVs rather than the Sedans. In the same way, traveling with an SUV alone to work every day can easily get you to be stuck in traffic.
The key to effectively pay your mortgage is always to consider the net cost of owning a car per month. This means you need to factor in not only the unit price of the car, but also the cost of having it ensured and maintained. The cost of fuel per miles traveled is also an important factor to consider when buying a car. This way you have a realistic assessment of how much the purchase will cost you in the long run.
Cars these days have been modified and optimized in many ways to allow you to travel more miles with lesser fuel. This is important because fuel is the easily identifiable maintenance cost that accounts the majority of what you spend on your car on a monthly and weekly basis. Assessing this aspect of the car before making the purchase will have you ready for the cost of actually owning it. Whenever you can, select a car that is frugal in its consumption of fuel. This way you are reducing the cost of gassing up, and at the same time, you contribute to the reduction of carbon footprints in the planet.
Cars have evolved to become status symbols that are often associated with success and financial stability. Such is the case for the common millennials who strive hard to make ends meet and still manage to pay the car mortgage that they have to pay at the end of each month. Most of these hardworking members of the working class bought cars as symbols of their success where the practical reasons usually come secondary. If you want to avoid the dreaded buyers regret those who bought the wrong cars for the wrong reasons, then you must go through these five things that you need to evaluate before driving home a new car.
Do you have a parking space already or do you still plan to find one? This is an important aspect to consider because having no parking space immediately available may require you to pay more for parking rental fees or even moving to a totally new place so that you could accommodate your latest expensive purchase.
Some people go into buying cars thinking that they can afford the monthly mortgage, but failed to include the cost of car insurance. The worst case scenario is not getting car insurance at all. This puts you at a greater disadvantage because accidents resulting in damage can occur even with the most careful drivers. Car insurance exists to protect your car which in some ways is a form of investment. When you make an investment, it is important that you take all measures as well to secure it.
Sometimes owning a car is a lot more expensive than not having one at all. Some people reason out that it would be best to have your transportation rather than spend on the daily commute every day. Quite honestly some countries in Asia such as Japan and Korea have their public transport systems perfected that people prefer to take them rather than drive their private cars.
Don’t even think about buying a car if you do not know how to drive for more reasons than one. You would not be able to effectively test drive your prospective purchase if you do not know how to drive one. The other important reason is quite obvious; you will not be able to drive your car on the road without a license, not legally at least.
Cars are like pets they need to be maintained to keep their engines functioning. Aside from the regular car wash to prevent rusting and other damage or discoloration you also need to have the tires regularly checked, the brake fluids replaced, and the oil changed every once in a while. If you do not have the capability to do that yourself, or have access to someone who can then don’t even think about buying a car.
A car is an investment, which is also the reason why you need to carefully consider a few factors before deciding to even own one.