Everything you need to know when looking for a new set of wheels
Buying a new car, although exciting, can be a daunting process, especially if it’s your first time. There’s so much choice, it’s a huge financial commitment and some of the finance and legal terms can turn what should be a happy occasion into a stressful nightmare. Here, we take you through your options when it comes to financing, as well as the car-buying process.
Budget buys
First things first, you need to know what you can afford. This sounds simple enough, but there’s more to it than just checking your bank account. If you’re buying a car with cash, then, of course, your budget will be determined by that exact amount. But, keep in mind, there will be other costs to think about as well, including insurance, fuel, maintenance costs, dealership costs, such as delivery fees or car preparation, and other unexpected costs that could crop up.
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