Buying a car is an exciting time for anyone and regardless of whether it is your very first motor or your 15th, that excitement rarely wears off. Buying a car is a decision which should not be taken lightly and there is a great deal for you to think about when it comes to selecting what car you are planning on buying, and how you plan on buying it.

If the time has come for you to replace or upgrade your car or even get yourself in to the market, here are some decisions which you need to make before you get started.

Budget and Price

When buying your new car, the first thing which you need to seriously think about is what kind of budget you have to play with and more importantly, stick to it. If you fail to have a budget already in place then you could get emotionally tempted by a particular car and then face disappointment when you don’t have the money to do it or find yourself in financial trouble if you buy it. If you are going to decide to apply for a car loan then a tight budget is still required as you will need to ensure that the monthly payments are at a reasonable and affordable level.


Somewhat surprisingly, many people fail to truly think about what they are going to use their car for when they considering buying one. This is going to be a crucial decision in terms of what car you decide upon and you need to think about how and why you will be using the new car. If you have kids for example then this should be kept in mind, if you don’t drive very often then this could alter your decision, these are just a couple of examples of why you need to give this some thought.

New or Used

Buying a new or used car is also a key decision to make when it comes to what kind of car you are going to buy and each one has its advantages and disadvantages. The thrill of buying a new car is certainly pretty high, that smell for starters as well as the fact that you will be buying a car that is all your own which has plenty of cover and little to go wrong. In spite of this, it is a well known fact that new cars depreciate in value very rapidly. Buying a new car may not give you as many guarantees as a new vehicle but you will be paying far less as well as managing to retain quite a lot of value in the car. If you are planning on having your car for many years then new may be the way to go, if you are looking at buying a car for a shorter period of time, then financially speaking, a used car is better.

Make sure you know what you want before entering the car lot so that you do not get persuaded into buying something which you did not really want.

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