Purchasing a new car is indeed a big financial investment. So, it is essential to ensure that the new car is worth the money one spends. One needs to keep in mind some necessary points while purchasing a brand-new car.
Also Read – What Our Cars Might Look Like in 10 Years Time
Get insurance for your brand-new car
When buying a new car, individuals must purchase a comprehensive car insurance policy to keep themselves finally protected in the event of an unforeseen mishap. This type of insurance provides financial coverage for the car owner and third-party individuals, vehicles and property.
One can also choose an own damage or a third-party policy.
Things to consider while buying a new car
Buyers must take into consideration these aspects before purchasing a new vehicle:
- Budget
The first thing that individuals must consider while purchasing a new car is their budget. Car manufacturers in India tend to display only the ex-showroom price while advertising their vehicles. One should keep in mind that while purchasing the car, the RTO and insurance costs will also be added to the vehicle’s final cost. Moreover, there are also some companies that take a handling charge.
Besides the budget of buying a new car, you should also be mindful of the insurance requirement.
While calculating the premium amount for their car insurance, people can use the online car insurance calculator. It helps save time and calculates the insurance premium easily with just a few clicks. One will need to provide information like the RTO details, vehicle’s make, year and model, etc.
Also Read – Auto Safety: Five Tips for Wet-Weather Driving
- Ease of maintenance
Another vital thing to consider while buying a new car is its ease of maintenance. The spare parts for the vehicle must be readily available, and there must be an adequate number of service centres in and around the buyer’s area.
- Engine
When deciding on what engine capacity to choose, people must consider the car’s fuel efficiency and speed. The acceleration potential will vary across different car models and brands. Thus, individuals should finalise the engine capacity based on their driving style and the areas in which they would usually drive.
- Safety
A car’s build quality is an essential factor to check when going to buy a new vehicle. The stronger a car’s chassis or body structure, the higher the protection it will provide in the event of an accident.
- Transmission
Individuals also need to decide the vehicle’s transmission type before they go to buy one. If one frequently commutes between cities or is looking for a subtle and more comfortable driving experience or, opting for an automatic transmission is the best. However, if a buyer wants the sheer pleasure of using a shift stick, then the manual transmission is the way to go. Moreover, cars with manual transmissions are cheaper than their automatic counterparts.
Also Read – The Definitive Guide To Used Car Shopping
- Fuel type
In the Indian market, most cars have petrol, diesel and CNG version. Usually, petrol versions of a vehicle are cheaper than their diesel counterparts. But, as petrol is more expensive, the operating costs of a diesel-powered vehicle will be lower.
However, diesel versions of vehicles tend to be more expensive, and they also require more maintenance. Individuals can also opt for CNG variants if there are enough outlets in their cities.
- Modern safety features
Individuals must check whether the car has the necessary safety features like ABS, reverse parking, Electronic Stability Control, dual airbags, etc. These features will ensure the driver’s on-road safety.
These are some of the critical facts that buyers must keep in mind when going to buy a new car. Adhering to them will enable people to make an informed choice that will provide value in the long run.
Also Read – Top-Rated Cars Suggested to Buy Used in India?
Stay updated with all the insights.
Navigate news, 1 email day.
Subscribe to Qrius
