Buying a new car is an exciting moment in a person’s life. There’s nothing like the feeling of driving away in your new set of wheels, ready to take on the world! However, the world is changing, and it’s becoming more and more difficult to find a great deal on a car that ticks all your boxes these days without knowing the best tips for buying a car in 2021.
In this post, we will help you figure out how to find the best car for you, as well as giving some sage advice about the process of buying in 2021. Fasten your seatbelts!
Everybody has their favorite brand of car. Maybe you’ve always owned the same type of car, and are a loyal customer to their brand; other people just love the overall look of certain cars. Maybe you are really into Mini, for example, and are constantly looking for "used Mini Norwich", or a used Mini wherever you're based. If you are in a position to have your dream car, you might not want to compromise on brand, aesthetic or quality. It is easy to get the “perfect” car fixed in your mind, causing you to ignore other viable options that could be a better fit.
This is understandable, but you need to remember that the right car for you isn’t just about aesthetics. While you might find the perfect car for you that also happens to be your favorite brand, you should consider other factors when shopping for your new car. More on these factors in the next step!
Everyone has their priorities when it comes to buying any big purchase - a car, a home, or even a super expensive pair of shoes!
When looking to buy a new car in 2021, your priorities should be clear in your mind before you take any serious steps. There are so many factors to consider, including:
In 2021, it is easier to buy or reserve a car than ever. Most dealerships now have the option to buy a car online, meaning you could own a new car at the click of a few buttons.
However, sometimes the old ways are the best - and when it comes to buying a car, it is always best to visit in person. You can use companies with car-buying apps such as pentana solutions to find and even reserve the car for you, but ensure you visit the dealership before you finally close the deal.
Why is visiting the car dealership important? Firstly, don’t underestimate the power of a test drive. Even if you have driven many cars in your life, test driving is essential before you buy a car - you may find that the car you’ve been wanting for years doesn’t suit you after all.
Additionally, it is easier to ask questions and discuss a better deal with a salesperson in-store.
Financing is a great way of buying a car, even if you can’t afford to purchase one outright. All reputable dealerships will have financing options available, allowing you to pay for the car gradually.
Financing generally means paying interest, so most people still buy outright if they can afford to. However, a personal contract purchase will allow you to pay for the car over a number of years, and trade it in at the end of the deal. This means you never wind up with an old car on your hands, helping you keep your maintenance costs to a minimum.
Most people think that buying a used car is the “lesser” option, and should be avoided unless it’s the only option. However, you could be wrong about this. Cars lose around 40% of their value in the first year, meaning that you could buy a year or two-year-old car with very little mileage, for a fraction of the price of a new car.
Some people barely drive their cars, meaning even a four or five-year-old car would suffice, especially if the mileage is still low. Especially if you want a car for everyday domestic use, not long journeys or road trips, a used car could be the best option!
If you decide to buy a used car, make sure you are provided with the full-service history of the vehicle before you go ahead with the purchase. This could help you avoid expensive repairs if the car has been previously damaged without your knowledge.
Below are some tips when choosing between buying a new or used car:
You might want to invest in a second-hand or used car that banks have repossessed. By doing so, you could obtain a good-quality vehicle only used in a few years at a fraction of a brand new car. Consumers can get like-new vehicles at CrankyApe's online auto auctions and other reputable car auction platforms.
Buying a car is a fun experience, but it should also be approached with strategic thinking and a lot of research! Use this blog on tips for buying a car in 2021 to help you when you buy your next car!