When you’re a first time car buyer, the process of purchasing a car can be overwhelming, but it doesn’t have to be! With the right preparation and expert advice, you can ensure that you make the best decision when buying your first car. At Fido Finance, we understand the challenges, that’s why we’ve put together a first time car buyer guide to help you navigate through the challenges of buying a car.
If you’re interested in financing your first car, contact Fido Finance, Brisbane’s trusted car finance brokers. Along with these first time car buyer tips, we can assist you in making an informed decision on financing options that suit your budget and personal needs. Visit us online, call our friendly team at 13 34 36 or try our obligation-free pre-approval check!
First Time Car Buyer Guide
From researching makes and models to crunching the numbers for budgeting purposes, finding a car can seem overwhelming if it’s your first time. With the right information and guidance, navigating through the process of being a first time buyer will seem like much less of a challenge. Take our handy tips below as your first car buying guide!
Set a Budget
One of our tips for buying first car is to set a budget. Buying a car for the first time is an exciting moment in your life. It’s a big milestone! Your own transport offers you the ease of access and independence. When you’re shopping for your first car, you don’t want to feel pressured to make repayments for a car that’s outside your budget. Whether your budget is in the fifteen-thousand range or thirty-thousand range, you’ll need to find the number that doesn’t go beyond your means. If you choose to finance your car, budgeting still applies. You’ll want to find out what your monthly budget is to determine how much you can spend each month.
Do Your Research
After you’ve established your budget, you can begin researching the cars that fit within that frame. Researching can be anything from asking friends and relatives about their car experiences to reading reviews and asking a professional for their opinion. When it comes to buying your first car, you’ll want to make sure you’ve read up on everything you can. From the newest models to the decades-old, you’ll be surprised about what you find and what to avoid, so hopefully this first car buying guide will set you on the right course.
Buying New or Used?
When you’re first buying a car, you’ll need to consider if you want to buy new or used in this first time car buyer guide. Used cars can sometimes come at a more affordable price than their new equivalent. However, that may not always be the best case. Oftentimes, when you’re buying used, you’ll need a mechanic to examine the car and make sure it’s worth its price.
Looking to Finance?
Buying a car outright isn’t the only option available to you. These days, many people are putting their car on finance and looking for a vehicle loan as it’s a much easier way to pay repayments without struggle. At Fido Finance, alongside our first time car buyer tips, we have a wealth of experience to help you make the right decision when it comes to financing your first car. Talk to one of our team members and find out how financing may be the best option for you.
Set Realistic Expectations
When you’re buying a car for the first time, you’ll want to set realistic expectations about what you need that car to do. You don’t want to pick a car due to its fancy features or style if it won’t be reliable enough to drive you around or have enough space for transport needs. Put safety as your main priority before how the car will look. Once you focus on the basics and remember why you were really buying the car in the first place, then you can focus more on aesthetics and style. Remember, these tips for buying first car are here to ensure your first experience is hassle-free and enjoyable!
