Buying a brand-new car is an exciting milestone, but it can also be overwhelming with the amount of choice and things to consider.

To make the process smoother and ensure you make a well-informed decision, here are some essential tips to guide you through buying a brand-new car.

1. Research thoroughly

Before stepping into a dealership, take ample time to research different car models, their features, and their prices. Websites, car magazines, and consumer reports are excellent resources to compare options. Pay attention to aspects like fuel efficiency, safety ratings, maintenance costs, and technology features.

Key points to consider:

• Fuel efficiency: Look for cars with good mileage to save money in the long run.
• Safety ratings: Check crash-test scores and safety features like airbags and stability control.
• Maintenance costs: Research the average costs for servicing and spare parts.
• Technology features: Consider modern conveniences like GPS navigation, Bluetooth connectivity, and advanced driver-assistance systems.

2. Set a budget

Determine how much you can afford to spend on a new car, including deposit, monthly payments, insurance, and maintenance. It’s crucial to set a realistic budget to avoid financial strain. Utilise online calculators to estimate monthly payments and understand the total cost of ownership.

Aim to make a substantial deposit to reduce monthly instalments. Ensure your monthly car loan payments fit comfortably within your income. Factor in the cost of insurance premiums which vary by car model and include routine maintenance and unexpected repairs in your budget.

3. Test drive multiple vehicles

A test drive is an invaluable part of the car-buying process. It allows you to assess the comfort, handling, and overall driving experience of the car. Schedule test drives for several models to compare and find the one that best suits your preferences.

Pay attention to seat comfort, legroom, and visibility. Note how the car responds to steering, acceleration, and braking. Check for excessive road noise or engine noise and be sure to test the infotainment system, GPS, and other tech features.

4. Consider the total cost of ownership

The sticker price is just one aspect of the cost of a new car. Consider the total cost of ownership, including fuel, insurance, maintenance, and depreciation. Cars with higher resale values can be more economical in the long run.

Total cost of ownership factors:

• Fuel costs: Estimate the annual fuel expenses based on the car’s mileage.
• Insurance: Compare insurance rates for different models.
• Maintenance: Research the frequency and cost of routine maintenance.
• Depreciation: Consider how quickly the car loses value over time.

4. Review financing options

Explore various financing options to find the best deal. Compare interest rates, loan terms, and conditions from banks, credit unions, and dealership financing. Understand the terms and ensure they align with your financial situation.

Financing tips:

• Interest rates: Look for competitive rates to minimise overall costs.
• Loan terms: Choose a loan term that balances monthly payments and total interest.
• Credit score: It can be hard to obtain bad credit car loans, so maintaining a good credit score to qualify for better rates is key.
• Pre-approval: Get pre-approved to streamline the buying process.

7. Inspect the car thoroughly

Before finalising the purchase, inspect the car for any defects or issues. Ensure everything is in perfect condition, from the exterior paint to the engine and interior features. Don’t hesitate to ask questions or request another inspection.

Check the exterior for scratches, dents, and paint quality, as well as the interior’s upholstery, dashboard, and controls. Ensure the engine runs smoothly without unusual noises and ensure you test all electronic systems like lights, infotainment, and air conditioning.

8. Read reviews and seek recommendations

Read reviews from other buyers and seek recommendations from friends or family members who have recently purchased a car. Their insights can provide valuable information about the reliability, performance, and customer service of various models and dealerships.

Sources for reviews could include online automotive websites and forums for user reviews. You could look at consumer reports for detailed assessments. Always ask for friends and family for their personal experiences and suggestions. Use the power of social media to engage with communities for broader opinions.