Sometimes we need to consider making changes to the things that we use daily, and one of them might be the family car. There are many reasons why people need to change their car, you may be having another baby and now need more space, a bigger boot or the extra seat for a car seat. It might be that you need something a little more reliable and newer, or perhaps as the children are getting older you want something a little more fun and enjoyable to drive.It may be that your car has been involved in some sort of accident, and you now need to trade up. Whatever the reason, you often need to consider a few things first. I wanted to share with you some of the questions to ask yourself, in the hope it will allow you to make the right choice for your family.
What is your budget?
The first big thing you need to think about is your budget. Knowing how much you are able rot spend is crucial to help you decide on the makes and models of cars you can consider. It is knowing good shopping in the luxury end of the market if that isn’t exactly going to be affordable. Be sensible, a family car is one of the second biggest purchases you can make, and so you need to ensure that it suits you, your lifestyle and doesn’t break the bank in the process.
Will it suit your needs?
Take some time to really think about why you are needing to change your car? Is it suddenly unreliable? Is it not very economical as you now do more driving? Do you need more space in the boot, or perhaps you want a specific car but wonder whether the car seats will fit, which is explained on this site online. There are many reasons so having a list of the essentials and then the things you would like would be a great place to start. This helps to narrow down your choices and also give you something to work with.
You may be in a situation where you are going to be using your car less, maybe due to carpooling with a neighbour or work colleague, this has been making a comeback for many work situations, and was even immortalised in the Car Share tv series. Using your car less may mean you opt for something smaller, or more economical to run, and can help you to save money each month, making your new car a thrifty purchase.
How will your purchase it?
You may have set your budget, but you also need to think about the way you might purchase your new vehicle. A monthly budget is normally a common way to go, as it often isn’t worth it to spend all your savings on a depreciating asset. You could think about whether a hire purchase is the way forward, a bank loan or even a contract hire lease option where there is no ownership at all. There are plenty of options to think about, and a dealership would have different offers for different vehicles.
When’s the best time?
Finally, when is the best time to purchase? If there is no sense of urgency in the purchase, such as your car hasn’t just broken down and is unfixable, then you can pick and choose the best time that not only suits your financial needs but perhaps could be when you may get the best deal all round. Months where many people don’t spend a lot, such as January or December could be the ideal choice.
I hope that these tips help you when it comes to changing your family car.