Written by Graham Cutbill-White
There aren’t many bigger moments in your life than buying a first car. It’s one of the first steps as you venture into adulthood and is a culmination of all your hard work and dedication. Whether you’ve saved up for it, taken out a loan, or even had a little helping hand from the bank of mum and dad, it’s something you’ll always cherish.
To help make the process easier, we’ve put together some helpful tips for buying your first car. Afterall, buying a car is expensive, so you don’t want to waste your money on something you’ll regret late down the road.
Like with anything worth saving up for, it always helps when you establish a hard budget and stick to it. It can be quite tempting throwing caution to the wind and spending beyond your means for some added extras, but those little additions could soon mount up and leave you in the red.
So how do we keep on the straight and narrow?
If you’ve managed to be sensible and avoided the pitfall of buying the most expensive car on the lot, then you’re off to a good start. However, just because you’ve saved money on the price of the car doesn’t mean you’re in the clear – there’s still the running costs to consider.
Once you have all this in order, getting an idea of how much you should save should be a bit more straightforward. As a reminder though, remember to consider all the additional costs outside of the price of the vehicle.
Yes. It is a legal requirement to have car insurance before buying a new car, so before you do so make sure to search around for a good deal. If you’re looking for a short term option so you can buy and drive the car before arranging annual car insurance, temporary car insurance is the ideal insurance option. At Tempcover, you can choose from the cheapest temporary car insurance policies – they have the same level of comprehensive cover as annual options.
Choosing a car can be tricky business, not least because of the price of car insurance. If you’re looking for an ideal first car, then you may want to consider choosing an option that has a low insurance group rating. Every new and existing car in the UK belongs to one of 50 car insurance groups set by the Group Rating Panel.
There are several factors taken into consideration, such as the value of the car, how it performs, how secure it is, repair costs, and costs of car parts. If the car ranks well in each of these areas, it is more likely to be placed in a lower insurance group (1-50) – so vehicles in Group 1 are the cheapest options.
Some cars in this insurance group include:
If you’ve found a car that meets all the criteria, then the next step is to take it for a test drive. While the car may look good on the surface, you won’t truly know what the car is like until you get behind the wheel. A good tip before starting is to make sure the engine is cold before starting, as a warm engine could be hiding problems.
Once you start driving, consider the following: