As exciting it may appear, it is a challenging task to select the right car in 2021. With many options to choose from, you need to filter out your preferences for every type of feature you need. Where will I drive my car? Is it a family car or a personal car? What are the electronics that I need? are some of the many questions that can perplex you. This article aims to simplify your confusion yet keep the excitement high enough for buying a new car this 2021. Let’s have a look–
The type of car to buy
The first and foremost choice to make is the type of car you need to buy. This is a purely personal preference, and there are no set rules to conclude. Addressing a few questions like ‘Where will I most drive my car?’, ‘Am I going to be the sole driver of the car?’ What are the features that I must look at when buying the car?’, etc., will help you conclude. Different categories of cars are available, like hatchbacks, SUVs, MUVs, sedans, etc. Not all are suited for all terrains and traffic conditions.
Paying attention to the resale value of the car
Some car brands have a higher resale value as compared to others. The primary reason for this is the brand repute and perception among the masses. The car being a depreciating asset, they tend to lose its value. Also, car owners tend to upgrade to newer models for this very reason. So, keeping in mind these factors, make sure to purchase a car from a higher resale value manufacturer. Although there is no precise way to estimate your car’s valuation, the insured declared value or IDV in your four-wheeler insurance is what gives the closest estimate of the current valuation of your car.
Safety features of the car
While the government is making constant efforts to increase the minimum safrequirementsment for all vehicles, you need to pay special attention to the safety features when shortlisting one. Some manufacturers offer better features than the rest, and selecting a car with better safety features helps in the long run.
Insurance cover to buy
Most individuals overlook buying the right insurance policy and take the one offered by their dealer. It won’t always suit you since your dealer does not have many ideas about where you shall predominantly drive the car or the parking conditions. So, as much importance is given to selecting the car, equal importance must be given to selecting a car insurance policy.
You can purchase comprehensive or third-party car insurance online, where both insurance covers differ in their coverage significantly. Moreover, add-ons are an additional facility that significantly enhances the coverage. Additional features contribute to an increase in the premiums, but a motor insurance calculator can help you compare the add-ons and select those that fit your budget.
These are some of the significant factors to consider when buying a new car. In addition, the sky is the limit to customizing your car based on the features you need. So, bring home the car of your dreams and enjoy the experience of driving the pleasure of your new car!