As exciting it may appear, it is a challenging task to select the right car in 2021. With plethora of 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?’, Which are the features that I must look at when buying the car?’, etc will help you can arrive at a conclusion. Different categories of cars are available like the hatchbacks, SUVs, MUVs, sedan, etc. Not all are suited for all terrains and traffic conditions.
Paying attention to resale value of the car
Some cars brands have a higher resale value as compared to others. The primary reason for this is the brand repute and perception among the masses. Car being a depreciating asset, they tend to lose their 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 manufacturer that has higher resale value. 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 current valuation of your car.
Safety features of the car
While the government is taking constant efforts to increase minimum safety requirement for all vehicles, you need to pay special attention about the safety features when shortlisting one. Some manufacturers offer better features compared to 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 much idea about where you shall predominantly drive the car or what are the parking conditions. So, as much importance is given to selecting the car, an equal importance needs to be given selecting car insurance policy. You can purchase comprehensive or third party car insurance online where both insurance covers differ in its coverage significantly. Moreover, add-ons are additional facility that significantly enhance the coverage. Being additional features, they contribute to an increase in the premiums, but a motor insurance calculator can help you compare the add-ons and select the ones that fit your budget.
These are some of the significant factors to consider when buying a new car. In addition to it, sky is the limit to customise your car based on the features you need. So, bring home the car of your dreams and enjoy the experience of driving pleasure of your new car!