How To Choose What Type Of Vehicle To Buy
Choosing what type of car you would like is often the most enjoyable part of buying a new vehicle. Even so, it's important to be able to draw the distinction between what you want and what you may need, as they may be two very different things. For instance, it's all very well hankering after a sporty little two-seater, but if you're looking for a vehicle to ferry the youngsters to school, then you'll probably have to be satisfied with something a bit more practical. So before you get too seduced by glossy vehicle literature, check out the following tips to help you pick the vehicle that will fulfil all your requirements and that will maximise its prospective resale value.
- When looking at how much you can afford, do not just look at the purchase price of the car; you must also look at how much it will cost to fuel, tax and insure. It's also worth discovering the level of depreciation for that vehicle, particularly if you are planning to sell within a few years.
- What sort of size and shape car do you want? Two, three, four or five door? Saloon, coupe, sports, estate, roadster, SUV (sports utility vehicle) or MPV (multi-purpose vehicle)? Does it fit into your garage?
- What do you need the car for? How much passenger space (if any) do you need? How much luggage room?
- What type of fuel do you need? Although diesel engines are more frugal than petrol ones, they are more expensive to produce and so you'll have to pay a premium for them. You will usually have to cover tens of thousands of miles before you get that premium back, so if you do not drive very far, or are buying an economical city vehicle or supermini, then a diesel may not be worth your while. On the other hand, having a diesel engine commonly improves a car's resale value, so you will need to look at the difference in fuel economy, how many miles a year you typically drive and how long you'll keep the car before making a selection between petrol and diesel.
- Do you want an automatic or a manual gearbox? If you spend a long time stuck in traffic, then it may be worth thinking about buying an auto. However, it's important to keep in mind that cars with an automatic gearbox use more gas than an equivalent manual.
- Think about what colour you want, but try and choose one that won't go out of fashion. Black, red and silver cars hold their resale value well, whilst bright colours such as yellow or orange are not usually such a good idea.
Questions and Answers
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