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Ready For A New Motor? What To Consider When Looking For A New Car.

December 5, 2022February 21, 2025 Finance

Cars are the modern-day steed, and as much as we’d love them to last forever, they simply don’t. Searching for a new car is exciting, but there are plenty of considerations to make before you take out new finance. You need to be sure the car suits your current lifestyle, avoid being ripped off, and futureproof your future motor. Continue reading to find out more.  

Registration 

Buying a new car could mean that it’s a great time to get a new registration number. You can easily sell your reg plate and buy new ones with a reputable business, which will take care of all the paperwork as far as the DVLA is concerned.  

Long Term Value 

New cars are loaded with flashy tech and will certainly make a statement, but you should consider a used car before signing on the dotted line. According to the AA, a car loses 40% of its value after just one year of driving. However, every car depreciates at a different rate, which is why we recommend checking this list of the fastest and slowest depreciating cars.  

Lifestyle Suitability 

There are tons of cars on the market, but they won’t all suit your lifestyle. For example, you may fall in love with the slick red Toyota GR86, but will it be suitable for your family? Will it fit in the garage? Will your dog just ruin it? Before making any car-related decisions, consider your needs and it will help to narrow down your search.  

Research Prices Online 

Cars have different price tags depending on the dealership, which is why you need to research your ideal motor online. If you’re buying a used motor, shop around plenty and find a price that sits comfortably with you. Then, head to your local dealership and negotiate your way down to that price. Naturally, if you’ve been looking at used cars with defects, you need to ignore these prices.  

Go AEB 

Autonomous emergency braking (AEB) is the current line of defence when it comes to avoiding collisions. This technology scans the road ahead for sudden changes in the flow of traffic. If a driver fails to react, the car will brake automatically. According to Thatcham Research, AEB reduces rear-end collisions in the real world by 38% – they’re also pushing for it to be mandatory in new cars.  

Test Drive 

A car is one of the biggest purchases to make, which is why you need to test drive it. Even if you’re investing in a new motor, you need to take it for a spin. We recommend driving the car on busy city streets as well as quiet open roads.  

Buying a new car is exciting, which is why you need to put in some thought to separate your desires from your needs.  

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