Purchasing a new vehicle is something that should never be done spontaneously. This is a costly purchase, and you need to put a lot of efforts into it before you spend your hard earned money and wind up with a vehicle that isn’t good for you. There are numerous things to consider before purchasing a vehicle, ensure that you take a lot of time before coming upon a final choice.
1. Planning, Planning, Planning!
The purchasing cost is only a small part of a larger problem when it comes to the total ownership cost of a car. Consider different factors, for example, mileage (for fuel costs), insurance premiums, and upkeep. It is also advisable to gather the data about your proposed vehicle’s devaluation value (the amount of cash you will get after you resell the car you purchased). You can get an impression of the devaluation cost by estimating the cost of used cars in your area.
2. Figure Out Your Budget
This is one of the primary things that you need to do because if you don’t have an estimate of the budget, you could end up with installments that you can’t generally afford to pay. You may wish to purchase those expensive & good looking sports car, but can you really be able to manage the cost of it?
3. Choose the Right Car
After deciding your budget for the car, consider what type of car is best suited for your requirements. For example, if you there are only 2 or 3 family members then you should go for a hatchback, sedan, or a compact sports utility vehicle (SUV) instead of large MUV (Multi Utility Vehicle). Remember the term for which you intend to possess the auto and consider how your necessities may change over some time (kids, later on, can have a major effect). Likewise, read the audits, reviews & ratings about the car you wish to purchase so you can settle on a wise decision.
4. Choose the Right Variant
Present day diesel cars which are equipped with the common-rail technology, are as reliable & performance-oriented as the petrol cars in-fact they are much better than the petrol variant in terms of speed, average & mileage but the only lag is their high maintenance costs & also their buying price is relatively higher than the petrol variants. Therefore, it is well suited for those who travel more.
5. Safety Check
Despite the fact that an auto is thought to be a considerably more safer option a compared to a bike, a mischance while driving it can, in any case, be very weakening. Present cars, including those by Tata Motors, are equipped with advanced security features like ABS (Anti-Braking System), airbags, and much more than limit the danger of wounds in case of a mishappening. Despite the fact that these life-saving features add on to the cost of vehicle & proves very costly if they’ve to be installed again in case of a major accident but still their cost is justified when it comes to life.
Vehicles are crash-tested and then given star ratings based upon their safety features. A five-star rating, therefore, is the most preferred. Some of the other safety features that you should check for include:-
1) Electronic Stability Control
It prevents the car from getting out of control and sliding on sideways when you make a turn at high speed or you suddenly need to apply brakes, which occurs quite often on the Indian roads.
2) Anti-Lock Braking System
It is useful when you need to stop your car suddenly. It helps in avoiding the fatal accidents by preventing the wheels from locking up and the car from skidding.
3) Safety Alerts
There are different types of safety alerts available such as motion detectors that warn you if another vehicle or object is too close and cameras attached to the rear-view mirror that alert you with an alarm if you get distracted.
4) Research About the Manufacturer
You will discover a few cars available for sale whose manufacturers have further production of these vehicles or have stopped their operations in India. Abstain from purchasing these cars as getting them serviced or finding looking for their spare parts will be tricky later on. Rather, discover data about the vehicle manufacturer’s business in India before concluding on any decision.
5) Do an Online Competitive Comparison & Research on Brands & Dealers
To find a perfect car for you, always look & compare at-least 2 or 3 brands of the vehicle in the same category. There are several brands that offer more value for your money than other brands, so it’ll be a wise decision to do your examination and make a list of the price, features, specifications, etc. which will help you to settle on a wise decision.
The more you research about brands and dealers, the more scope you will have for negotiation in terms of prices & offers. Dealers don’t want the people to do much research on cars as it makes the customers know about different approaches for bringing down the costs.
6) Take a Test Drive
Take your car out for a long drive. It is not advisable to decide the purchase by simply considering only its looks or relying on someone else opinion. What is suitable for another person may not be fit for you. While going for a test drive, consider the options like- comfort level, ergonomics, safety features & responsiveness. Test drive your car on open streets, busy roads, and up & down the hills. This will help you to get an idea about the vehicle’s potential.
7) Always Seek the Second Opinion
It’s better to take your friend or relative along with you for the test drive. They can help you to take a fair decision about the car by giving their honest opinion.
These are some of the important things to consider before you decide to purchase the car. They will enable you to get the best out of your vehicle’s purchase.