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Buying a car is a pretty exciting time, regardless of how many times you’ve done it before! However, there are a few questions you need to ask yourself before you go ahead with any purchase. Whether this is the first time you’ve bought a car or the tenth; you must ask these questions:

What type of car do you need?

Cars come in all different varieties, so which one do you need? If you drive around the city a lot, then a supermini might be best for you. If you have a large family, then estates or saloons can be better. If you want to go off-roading, then you need an SUV. Think about what you’ll use your car for, and this will help you find out the type of car you should buy.

How much can you afford to pay?

Don’t spend too much money on a car. After all, it will only decrease in value the more you drive it. So, work out how much you can realistically afford to spend. By doing this, you create a budget that you need to stick to. This prevents instances where you spend far too much money on a car, putting you in financial distress.

How will you pay for the car?

After you’ve figured out your budget, you need to think about how you’ll pay for the car. Some of you might have the cash ready to splash right away. If you sell your old car, then the money can go towards a new one – or be used as a part exchange deal. Used car dealers like Hilton Car Supermarket sometimes offer financing, which lets you pay for your car in monthly instalments. Before you agree to any deals, make sure you know how you’ll pay for your vehicle. Do this by reviewing your financial situation to figure out an option that satisfies you the most.

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How long do you want the car for?

This might sound like a strange question as you may have no idea how long you want the car for. But, some of you might only want a car for a year or two. You may like driving new cars all the time, which means you’re constantly buying and selling them. If you plan on trading in your new car in just a year or so, then it might be better to consider leasing instead. With leasing, you can drive brand new cars, pay a monthly fee, then give them back at the end of your lease. You’re then free to do the same thing, but with a different model. So, if you like the idea of driving lots of different cars, then consider this as an option instead of buying one.

Should you buy new or used?

Generally speaking, it makes more financial sense to buy a used car. The only benefits of new ones are that they have updated technology and don’t come with any previous use. The choice is entirely up to you! Feel free to check out a prior blog post that looked at the reasons to buy a used car, if you need more help coming to a decision.

Answer all of these questions, and you’ll be in a better position to buy your car. You’ll know which types to look at, how much you can afford to pay, how you’ll pay for it, and so on.