Choosing-the-right-car-for-you-on-finance

When you are planning to buy a car, especially if it is going to be the first time that you purchase a vehicle, a whole host of factors should be determining the decision that you make. Granted, some people decide to enter a showroom and pick out the first car that catches their eye, but when you do your homework and you take the time to think about what you really want from your vehicle, then you are far more likely to end up with a car that matches your requirements. In this article, we have highlighted some of the main elements that you should consider to ensure you make the right choice for your car purchase.

 

Budget

Top of the list is your budget. It goes without saying that you should only buy a car that you can afford, but unfortunately not every driver takes into consideration whether they have the funds to actually buy the vehicle that they want. It doesn’t just concern your present financial situation, though: you have to be thinking long-term based on your salary, your likely career path and any other major expenses that are either ongoing or are planned over the coming years. Somebody who lives within their means might be able to keep up with monthly payments in the mid-hundreds, but can the same be said for somebody who already has a mortgage and lives a fairly expensive lifestyle? You also have to consider the possibility of changing circumstances because a car finance plan is a long-term commitment, so you should save up and prepare your finances to cover yourself even if something unexpected happens, such as you losing your job out of the blue in three years’ time.

 

Usage

Next up, you should think about usage. Now, if you are planning to travel lots and lots, then it helps to look for a car which is credible enough and powerful enough to handle extensive travelling, as opposed to a vehicle that needs refuelling very frequently. But we’re not just talking about the car itself in this section, but about the potential terms of a finance plan itself. If you are able to recognise the most feasible amount of miles you will be driving on a monthly basis, this can allow you to have a deal tailored more to your needs, thus meaning that you could potentially save a fair amount of money. Be realistic, though, because if you undersell how much you will be driving, this could lead to higher costs further down the line if you exceed your agreed limits.

 

Body Style

The body style is important not only for the style of car you want to drive, but also for functionality purposes, since for example a Mini car might not have access to all of the tools you would want or hope for from a vehicle. Then there is the infotainment aspect, which do not make or break a driving experience but can certainly enhance it for someone who is going to spend a lot of time behind the wheel. And then there is the probable number of passengers, since a car being bought with a family in mind would necessitate a larger vehicle, likely one with five doors for easiness, than a model where everybody is squeezing into the vehicle just to be on board. So, a body style is crucial, and again it pays to be thinking long-term in this regard.

 

Speed

When we mention speed, you have to remember the mileage limits on all roads, so even if your car is capable of going from 0-60 in a matter of seconds, that doesn’t mean you should be revving up big-time in a small estate. Nevertheless, going for a vehicle that is capable of reaching those top speeds in a reasonably short amount of time is going to be significant for anyone who needs to be driving across motorways and A-roads day-by-day for work travels. If the car works fine but cannot handle travelling at 50 mph, 60 mph or 70 mph, and you need to be hitting those top speeds as part of your daily commute, then you will have a problem on your hands. Speed is something that a lot of drivers take for granted as part of the package, but it is something you should definitely ask about at the showroom.

 

Fuel

Last of all, there is fuel. Many cars allow the driver to choose between petrol and diesel, but some ranges only allow for the motorist to select one particular type of fuel. This can prove to be a source of confusion, and also a potential impact on the wallet, if you have become accustomed to, say, petrol, and then you end up unknowingly buying a car that only runs on diesel power. Also think about the rising presence of electrical power for vehicles, and whether this is a chance you wish to take, since it essentially removes refuelling costs and helps the environment. The upshot of that, though, is making sure that you know where to recharge the vehicle when it needs a power-up, especially for longer treks. Fuel is something that is often overlooked because drivers assume that the car they are looking for will satisfy their needs either way, but it still pays to check this aspect before purchasing a vehicle.

 

Summary

This may seem like a lot of information to think about, but in reality these points are all explained simply and concisely when you are checking out a particular vehicle, and any dealer will run through each of these elements to make sure you are satisfied before agreeing to a plan. But if you check these points and narrow down your options before visiting the showroom, it will greatly increase the likelihood of you landing the car of your dreams.

 

Our website features other tools that will allow you to determine which car is most suited for your requirements; How much can you afford? check budget with our Finance Calculator.

Further Information

You can get more details about the different types of car finance available at Accept Car Finance by speaking to us on 01925 599079.

Over 95% of our stock is available to everyone as we offer cars with no deposit deals at unbeatable low fixed interest rates.

As part of our services, we deliver the car to your premises of choice within the UK. Lately we have delivered cars in most major towns including the Southern cities & midlands: (London, Birmingham, Leicester), Northern cities (Manchester, Liverpool, Sheffield, Leeds, Newcastle), and Scottish cities (Edinburgh, Glasgow).

** As with all financing options, car finance comes with risks. If you cannot keep up with repayments your car is at risk of being repossessed and this will affect your file and lower your credit score.