Getting your first car offers a great chance to enjoy lots of freedom. The ability to go wherever you like, whenever you like can mean a lot to so many people. It opens up new and exciting career opportunities and it lets you enjoy a more varied social life. Driving can be a great hobby for many, and many drivers take pride in getting the cars of their dreams and modifying them to meet their needs.
But if you are a first-time driver, there are a lot of things that need to be considered before you take to the roads. Driving can be expensive, and if you want to get the most of your experience as a driver then you will need to make some sensible decisions
Buying New Vs. Buying Used
There is no escaping the cost of buying a car. The newer the car, the more likely they are to cost you more. If you are a first-time driver, you may not have the biggest budget in the world. Weighing up whether to buy used or new is something you will need to do.
Used cars such as the ones at Calder Motor Company come in all shapes, sizes, and ages. Whatever you are looking for, you will be able to buy a used version. The advantage of buying a used car is that you will be able to save a considerable amount of money. New cars rapidly lose their value toward the start of their lives. Even buying a car that is only a year or two old will be much cheaper than buying the same or equivalent model from new.
You can still buy a used car on finance if you like, so breaking down the payment of your vehicle over the course of a few years is still very much an option you can take to reduce your initial cost.
If you’re willing to go a bit older, you could buy a used can outright in cash for next to nothing. The problem here may be that the car may develop issues sooner than a newer model.
Of course, buying a new car will mean that you will enjoy all of the benefits of the manufacturer’s warranty. You may not need to worry about getting the vehicle road-tested for the first three years either, which can be helpful. With lots of different finance options including contract hire, you may be able to obtain a better car for less than you’d think.
One of the biggest areas that you need to focus on is getting your vehicle insured. Before you commit to buying a car, find out how much it will cost to insure that vehicle. Younger drivers between the ages of 17-24 will need to pay more for their insurance, and often the bigger the car and the engine, the more the insurance will cost.
A way to reduce the cost of your insurance may be to allow the insurance provider to fit a black box to your car. This allows them to monitor your driving. As long as you are a sensible driver, you will be able to enjoy lower insurance costs meaning you may be able to drive the car of your dreams sooner than you may have expected.