Buying first car can be exciting for most individuals, but it is something that cannot be done every now and then. As a buyer, you should be aware of your preferences and expectations that you have from your first car purchase. So, the decision should not be taken in a hurry, and to make the purchase worthwhile, it is important to consider all aspects. Check out the following tips to make the right decision:
Calculate the Total Cost of Ownership
The ex-showroom price of a car is not its final cost. The final cost of a car comprise of costs like insurance premium, road tax, GST, and other charges. So, before you decide your budget, do consider these costs as well to calculate the total cost of ownership.
High Resale Value
Buying your first car does not mean that you will be driving only this car throughout your lifetime. Technology keeps evolving with each passing day, and advancements are inevitable. So, it is quite evident that you will look for an alternative to upgrade your current car. So, it is important that you take into account the resale value of the car.
Maintenance Cost
Another thing to keep in mind before buying a new car is the maintenance cost. For instance, if you are interested in buying one of the best hatchbacks, make sure the annual servicing costs are affordable. Also, do consider the fact that the brand has a great network of service centers so that you do not have to worry even if you are out of town and need to get the servicing done on time. In addition to it, make sure that the spare parts are readily available when required.
Fuel Type
Another thing that you need to take into account is the fuel type – petrol or diesel. The choice is simple, if your car will be driven less than 50km/day, then a petrol variant is perfect for you, otherwise you can opt for a diesel car.
It does not matter whether you choose to buy a hatchback or a sedan, to make your first car purchase worthwhile, do consider the aforementioned tips.
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