Before buying a new car, use this checklist to make sure you know what you’re getting into and what your options are as a consumer and new car owner.
Do you really need a brand new car?
The first thing to ask yourself is whether or not you need this new car. Would it be better for you to buy used?
Find Models that Hold their Value
Cars lose over half their value once you drive it off the lot. Look for German, Korean or Japanese cars, like BMW, Kia or Nissan.
The Best Time to Buy a New Car
Avoid weekends, start of the month, or the beginning of a salesman three-month sales targets. February and March are the months you’re likely to find the best deals.
Think of the Car you Need, not the Car You Want
Ask yourself these questions…
- Do I need a large boot?
- Do I want anything personalized on my vehicle, like a private number plate? Find examples of personalized plates from Absolute Reg.
- Should I get an eco-friendly car?
- What specifically do I need this car for?
- Is it fuel efficient?
- Petrol, or Gas?
- Short city drives or highway?
Find the Cheaper to Run Cars
Look for things like a smaller engine, petrol cars instead of diesel, manual cars instead of automatic, hybrid cars as they’re cheaper to run, C02 emissions and smaller cars as they’re cheaper to insure.
Consider Buying Pre-Reg
You can save up to 70% on the listed price is you find cars that have technically had one owner. The way this works is dealers will buy cars and register them to meet the targets of the month or quarter. A dealership will then sell the car to you for dirt cheap.
Look for a Run-Out Model
When Buying a new car, run-out models are vehicles that are about to be replaced by the new year’s version. You can often get up to 30% off the original price by choosing one of these models.
Think how Much this Car will Cost in the Long Run
Ask yourself how much these will cost…
- Upfront costs.
- Finance repayments.
- Fuel.
- Tax.
- Car Insurance.
- Servicing.
- Parking permits.
- Tires, repairs etc.
Haggle
Don’t ever buy your new car for the asking price – always try to talk the salesman down to something more affordable by haggling.
Really Think About the Extras on your Car
Cruise control, Bluetooth, sat-nav and alloy wheels are really cool, but will cost extra. Ask yourself if you really need them.
Take the Car for a Test Drive
Ask yourself these questions…
- Is driving comfortable?
- Try different routes.
- Do an emergency stop to check brakes.
- Check the brakes and clutch.
- Does it veer?
- Will it fit a child seat?
- Bonnet, doors and boot.
- Is there enough space?
- Is the drive smooth?
- Is the car powerful?
- Engine noise?
- Check suspension.
- Will it fit in your garage or parking space?
Warranties
Paying on your credit card (even if it’s only a penny) can offer you extra protection. Also ask about the manufacturers’ warranty, as some manufacturers have warranties that last for up to seven years.
Smart Checklist for Buying a New Car Without Regrets
Making a big purchase requires careful thought and preparation to avoid unnecessary expenses and disappointment. A well-researched approach helps you understand what truly matters before committing financially. Planning ahead also allows you to compare options and make decisions with confidence.
Buying a new car is a major decision, and taking the time to plan can save you money and stress in the long run. By carefully assessing your needs, understanding total ownership costs, and exploring smarter buying options, you can make a confident and informed choice. Use this checklist as a guide to ensure your next car purchase fits both your lifestyle and your budget.
