Tips for buying your first car

Stay calm and plan

Choosing your first car can be a daunting task, especially with the amount of choice out there. How many doors? What litre engine? What size? What colour? Our tip is to take a step back and focus on the things you need from your first car. We can guarantee that the biggest deciding factor is budget so start by working out what you can afford. Remember to take into account ALL of your other outgoings. By narrowing down your budget, you’ll find that this starts to narrow down your choices.

Think of what you need the car for. Is it just social use, out and about at the weekends? Or is it for work, will you be driving long distances? This could determine what size of engine you need, how much you can afford to pay in road tax or even if you prefer petrol, diesel or electric?

Remember, it’s often wise, for your first car, to stick to one that is practical – there will be plenty of time later for that turbo roadster you’ve had your eye on!

Understand finance

While most of us had to settle for an old banger for our first car, with today’s finance deals, buying a car on finance is becoming more accessible for young people. But although it seems simple, it’s important to understand the various levels of finance before you sign on the dotted line. Deals vary from leasing (PCP and PCH), personal loans to credit cards, so our advice is to do as much research as possible. Look at the length of the finance term, how much you can afford to pay per month, what the risks are if you fail to pay and if there are any restrictions? For car finance explained in full, click here.

Where to buy?

When it comes to finding the right place to buy to your first car, there are various options. If you’re opting for a brand-new car then a franchised dealer is the best place to buy that straight-from-the-factory model. If you’re looking for a used car, or delivery mileage, then visit your local dealer. Fancy checking out all the dealers in your area? Then Exchange and Mart and s1cars are the place to find your first car. We have thousands of used cars from local, trusted dealers throughout the UK, with prices to suit your budget. Plus, we’re open 24/7.

Don’t forget about insurance

This is a biggie and can often be neglected. If you’re a young driver you may find it can be expensive initially, but there are things you can do to help lower the price. Try piggy-backing onto a parent’s policy as a named driver, although this comes with its own risks like driving up the existing policy or affecting your parent’s no claims bonus. Other insurers offer discount for safer drivers by fitting trackers to your car, monitoring speed and driving techniques. Although you may need to pay the higher price for a few years, it’s worth it to be confident that you have the right cover and protection should you need it.

Quick tips

  • Learn to haggle – you might bag an even bigger bargain.
  • Always take the car for a test drive.
  • Think carefully about colour.
  • Avoid costly add-ons.
  • Do your research.

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