- 30 Oct 2020
- Reading time
- 6 minutes
As a first-time car hopeful, you might be perplexed about what makes a good car. There are many models out there, and you've probably heard a lot about how buying a second-hand vehicle can save you a ton. Well, let's help you navigate this issue by addressing the salient things to look for when planning to purchase a car.
Automatic or Manual?
You would have at least a reasonable understanding of whether you want to drive an automatic or a manual car by the time you consider buying your car, and you might have tried driving both. However, if you have not made up your mind yet or if you buy one before you start learning to drive, that's okay too.
There are pros and cons to owning any form of vehicle, just like learning to drive in a vehicle with an automatic transmission or manual transmission.
A car with a manual transmission is often cheaper to purchase and service directly and can have better fuel economy than an automatic version of the same car, depending on how old the car is. A manual model of your new car will save you a few thousand dollars if you purchase a new car from a dealer.
On the other hand, automatic is slightly easier for many people to learn and drive, and you won't need to get it serviced more often than a manual if you take good care of it. Modern automatic cars are also great with fuel economy, sometimes matching manual transmission for range on a single petrol tank competitively (and even beating) in recent years.
Condition of the Car
Second-hand cars may not be in the same condition as a new car, but you will find plenty of used cars that have been taken care of and still have quite a bit of road life left in them. If in doubt about the state of a second-hand car you want to buy, you can consult Instant Car Check to help you scan and reveal the state of the car.
Soon, an ideal good first car to purchase would be in excellent condition and need minimal work at the mechanics. Although you might be able to find something cheap for under $1,000 that works well for a while, it's not going to be the best car to find as a first car more often than not.
We're not going to give you a particular price point to hit because you will find good and bad exceptions at every price range: cheap doesn't always equal good value. A "budget bargain" car could end up costing you more in the long run if you do not seriously study and test the car before making the purchase when you notice it begins to break down frequently or cause your ongoing problems.
Pros of Buying Used Cars
Used-car buyers will take advantage of a fast decline in the value of new cars in the first year at 20 per cent and after three years at around 40 per cent. Higher average rates for second-hand cars often have a greater chance of paying or making a larger down payment for your purchase in cash. You could get a model with a higher spec than you could afford new ones, too.
A smaller amount of loan
It comes as no surprise, with lower costs, that used cars have lower total loan amounts than new ones. That could translate into lower monthly payments and a lower overall interest rate, depending on the loan terms.
Options of high-quality
Continuous improvements in cars' quality and reliability have led to several excellent models on the market, many of which can top 200,000 miles.
Used-car loans are generally shorter than those for new vehicles, allowing borrowers to pay off their cars faster.
Cons of Buying Used Cars
It is fair that second-hand cars would usually be less reliable than brand new ones, despite improvements in quality. The older the vehicle, the more money you will have to spend on repairs, especially if the automaker's warranty no longer covers it. In reliability, previous owners' driving conduct also plays a role, which is why a report on vehicle history is significant. These records contain a record of injuries, service history, and the vehicle's title status, which includes salvage, restoration, flood, or lemon-law names.
No guarantee for private-party transactions.
If a car is still under the manufacturer's warranty, purchasing from a private party ensures that they can skip mechanical and electrical fault protection. Dealerships, on the other hand, may sell their warranties on used vehicles.
Choices may be more limited
Usually, new-car buyers may pick the characteristics, colour, and accessories they want for a specific model. When it comes to these preferences, used-car buyers can need to be more versatile or shop around.
Rates could be higher
Interest rates on used vehicles appear to be higher. It is partially because of discounts from suppliers for new vehicles and the higher risk involved in the financing of used cars. Consumers with poorer credit scores, for example, may always buy used. Another explanation is that the prices of used vehicles are less stable, making it more difficult for the lender to know how much money it will recover if the vehicle has to be repossessed and resold.
How to Maintain Your Car
Properly maintaining your car is the key to keeping it in top condition. It can help ensure your safety, the safety of your passengers, and your fellow drivers. One of the reassuring qualities of new cars is that they need much less-frequent service to keep them running well. Here are some ways to keep your car running smoothly.
Examine and Maintain Tires
You must know how to sustain your car's tire pressure to decrease wear on the tires and ensure that your car preserves good gas mileage. If you ever need to buy car parts, you can get excellent ones at Autodoc, although we advise that you read their reviews first on BritainReviews
Change the Oil
Frequently checking and changing your car's oil is very important to keep your engine in running condition. If you want to change the oil yourself, ensure that you check the owner's manual to know the necessary steps needed to drain the fluid.
Windshield Wipers Replacement
Change your wipers on time if they are not working properly. Damaged blades can reduce visibility during heavy rain or snowstorm. Consider replacing them when necessary.
Check Your Brakes
There's a need for regular inspection of your car's brake pads. While driving, try to watch out for any brake noise or sudden vibration from the brake pad. Consult a service centre as soon as possible, if there's any concern.
How Online Reviews Can Help You to Find Reliable Car Companies
It is essential to read car companies reviews before zooming to transact with any. Online review is a new field in marketing and communication that assists in bridging the gap between traditional word-of-mouth. With the emergence of online platforms, customers can get second opinions on their purchasing products. Customer reviews have many advantages as they:
- Provides you with a better understanding of the services rendered to customers.
- Helps to create credibility and social proof.
- Makes you aware of companies that provide excellent services, even if they are not well established.
- Allows you to listen to the opinions of other customers that may have purchased the product.
There are some things that you must have if you want to improve the lifespan of your car. The car manual is one thing you must have as it tells you everything you need to know about your car. Also, you have to be aware of your car's limitations and don't