At some point we all want to buy a car or upgrade one if have already. With a multitude of options available when choosing a car, it can be safely said that it is a buyers’ market. Here are the seven steps to consider before you go car shopping!
The buying price is just the tip of the iceberg when it comes to the total cost of ownership of a car. Consider various factors such as registration cost, mileage (for fuel costs), insurance premiums. Once you calculate that your should also factor in EMI cost. So now you have fair idea of your budget, we should move to second step.
2. The right car
After finalizing your price range, you should consider what sort of car is best suited for your requirements. For example, if you are a family of two or three, then it is advised to opt for a hatchback, sedan, or a compact Sports Utility Vehicle (SUV) instead of a large MUV (Multi Utility Vehicle). Keep in mind the duration for which you plan to own the car and consider how your needs may change over time (kids in the future can make a big difference).
3. Petrol or diesel or CNG?
Modern diesel cars, which often incorporate common-rail technology, are as reliable and performance-oriented as petrol automobiles. These new-age diesel vehicles are fast, highly-efficient, and sometimes offer better drivability than petrol variants. However, diesel cars are a bit more expensive than their petrol counterparts, and need to be maintained diligently. Also factor in bans put in place by some city on diesel vehicles. What is your daily running can be a influencing factor. CNG is also good option if it available considering low running cost and environment friendly
4. Safety Options
Although a car is considered to be much safer than a two-wheeler, an accident while driving it can still be quite debilitating. Modern cars, come enhanced with several safety features like ABS (Anti-Braking System), airbags, and more that minimize the risks of injuries in the event of an accident. Even though these life-saving features cost extra, they sure are worth it. So take them in consideration.
5. Make a Short list
Considering above factors make a short list of 4-5 cars from different manufactures. while shortlisting prioritize them keeping following factors in m
- Vehicle’s depreciation price (the amount of money you will receive after you resell the car you bought). You can get an idea of the depreciation price by checking out the costs of used cars in your area
- You will find several cars for sale whose manufacturers have stopped producing vehicles or have ceased their operations in India. Avoid buying these cars as getting them serviced or finding spare parts will be problematic in the future.
- Service Network, quality and maintenance cost provided by manufacturer.
6.The test drive
Take your prospective cars out for a long spin. It is ill advised to buy based solely on aesthetics or on someone else’s opinion. What is right for someone else may not be fit for you. While on a test drive, consider comfort levels, ergonomics, safety features, and engine responsiveness. Try out the car on open roads, in traffic, and up and down hills. This will help you understand the true potential of the vehicle.
7. The second opinion
Always take a friend or a relative with you on test drives. They can offer unbiased opinions or comments that will help you make the right decision.
These are some important things to consider before you buy a car. They will help you get the best out of your vehicle’s purchase.
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