For many, purchasing a car is about the look of the car, the feel of driving the car, and the emotional response it elicits. The more practical aspects of the vehicle may easily be ignored. However keep in mind that in 2012, the average price paid for a new car was $30,000 USD, as reported by TrueCar.com. Naturally, you should make sure to consider your decision carefully, especially if it’s your first car or your first new car. More than anything, you need to think about buying a car that will suit your needs.

Consider Your Purpose

It’s important to take some time to think about what kind of driving you do most often. If the car is going to be primarily used for getting to and from work or school, how long is your daily commute? Commuters who spend more than one half an hour in their cars every day should consider purchasing a car with reasonable gas mileage and a comfy, smooth ride. Keep in mind whether you will need to drive co-workers or clients on a regular basis. If so, purchase a sedan instead of a coupe. Will the car serve another purpose? Will you be using it on weekends or to go on vacation? If you have kids, will you be using the car to drive them to school or activities? A minivan is the best answer for transporting the masses. In addition, minivans offer a lot of storage space, whether for luggage, gear, groceries, or running errands.

Figure Out Your Budget

Aside from payments for lodging, such as rent or a mortgage, a new car is likely to be the next biggest expense you will be required to pay for each month. You should do some careful calculations in order to come up with a budget that you can afford. It’s important to take into consideration all of the costs associated with driving, including the purchase price of the car, licensing, and monthly insurance payments. One of the benefits to buying a new car is that the warranty should cover major repairs. But beware – warranties do not typically cover upkeep costs, such as oil changes or tire rotations. Aim to spend approximately ten to fifteen percent of your total income on car-related expenses and get an insurance quote before you purchase so you can factor that in to your decision. Of course, if you already own a car that you plan to sell, the value of that car may also play into how much you can spend

Before You Buy

It’s crucial to do some research online before you go to the dealer. You will be able to find the exact cost of each vehicle, including add-ons, as indicated by the dealer.

If you need to take out a loan, do so before you pay a visit to the car dealer and you’ll have a target price already set. If you’re firm on this front, you’re more likely to feel confident negotiating with the dealer. Once you’re ready to do the actual shopping, go to a few places in order to compare quotes. Stay firm when speaking to salespeople. Keep in mind that most add-ons that the dealer will try to sell you are just high-profit gimmicks.