Buying your first car is not as simple as shopping. It is a very important decision. Not only because it is a considerable financial expense, but also because you are choosing an asset that will become your daily companion. Some say that choosing the ideal car is like choosing a marriage partner. Because owning your own car requires time, money and attention. Even a sentimental bond is generated with the first car.
To choose your first vehicle, ask yourself some questions beforehand: What do you need it for? What kind of use will you give to your vehicle? What is the first thing you think of when you visualize your ideal car? What budget can you afford, either in cash or in monthly payments?
Recommendations For Buying My First Car
CASH OR CREDIT
Before making the final decision on which vehicle to purchase, there are several things to consider. Perhaps the most important is the financial aspect. How can you pay for your first car? Cash payment means covering the entire cost of the vehicle in one single payment. The main advantage of this method is that you can have the car in a minimum of 8 to 10 days. In addition, you will be free of debts, financial obligations and interest payments.
Something you have to consider before paying cash for a car is that the investment should not represent a risk to your economic stability. The most common way to acquire a vehicle is through automotive financing. This method consists of accessing a loan granted by a bank to purchase a new or used vehicle.
NEW VEHICLE OR USED VEHICLE
The main benefit of buying a new car is that it will need few repairs in its first years of use. When you buy a 0KM, you will have the certainty that your car has never suffered mechanical problems or accidents.
The biggest advantage of buying a used vehicle is that you will be able to sell it for an amount similar to what you paid for it. Opting for a used car also saves you money.
SUV OR SEDAN OR HATCHBACK
Which model will be the right one, you must consider the needs you will face daily with your first car. This reference will help you choose the segment that best suits the use you will make of it. Hatchbacks are two-body vehicles (engine and passenger compartment), without a separate trunk and with a tailgate. They are the most suitable option for daily use in the city. They are usually the most economical vehicles on the market.
Sedans are cars with three bodies or a separate trunk. If you have a large family, a sedan is the right choice. SUVs are the most sought-after models in the market. These vehicles have better features for off-road driving, as well as outstanding equipment.
