The ‘first time’ events that we have in our lives always etch a special place in our heart, be it first love, first salary or the first car that we buy. Most young men and women dream of having their first car in their twenties, either for themselves or as a gift to their families. Sitting on that driver’s seat and holding the steering for the first time has its own share of splendor, a sense of accomplishment beyond doubt. However, getting a car at a young age is a challenge, even for the enthusiasts and experts. Choosing the right car within the budget, arranging the money, getting all the paper work done along with the insurance, the first car does give its headache!
Car research is the first and foremost pre-requisite buyers must do, before jumping on to buying one. Will it be a new car or a second-hand one? How many people do you want to accommodate inside your vehicle? Whom are you buying it from? Do you want to have a SUV, a Sedan or some other variant? Which manufacturer provides the most suitable car meeting your requirements and what mileage does it provide? Does the manufacturer have a reputed post sales service in your city? Which dealer provides the car at the most competitive rates? How much is your car going to be valued at a few years down the line? These are some of the fundamentals of the aspects to be taken into consideration before buying the first car. It is advisable to consult with the passionate car pundits among our acquaintances.
Arranging finance for purchasing the car poses to be an obstacle for most people. Car loans, which usually come with rocketing rates of interest, also depend on the salary and credit score of the individual. A sizeable down-payment also means having to pay-off less in installments and hence lower interest amount. A pre-approved loan from a bank is usually better than just depending on the automobile company for financing. Cars on finance are a good option and popular too, considering the huge demand of cars, both in the primary as well as secondary market.
The additional expenses include the car insurance, which is mandatory to get the wheels rolling. The insurance rates and coverage vary according to the car models and the age of the car. The pollution clearance certificates are required too, and to be renewed at regular intervals. The car maintenance costs are in plenty. It is recommended to use the gas suggested by the car manufacturer. The car servicing too, needs to be done frequently, checking the fluids and tyres. Wear and tear affects the car mileage and safety, alike. For new drivers on the road, car parking assists and other safety accessories are always a value add.
Once all the key areas are sorted out, getting that dream car rolling on the roads is fun and worth all the effort. It’s time to set the gears and get going!