Therefore, as a savvy buyer, you must always be ready. In turn, that will save you headaches and a significant deal of money. But, that’s a surefire way to retire broke is foolishly wasting money on a car. Youâll require something safe and roomy in case youâre planning to become a parent or are one. If you’re in the market for a new car, you may feel overwhelmed by all of the factors that you need to consider. A comprehehensive car insurance quote in Kenya can be as high as 5% of the value of the car, this works out at an average of KSh 40,000 per annum which is a hefty expense for any car owner. To put it into perspective, there were 85,063 cars imported into the country in 2017 which was a actually a drop from 2016 which saw approximately 109,781 come in. Youâre confident that itâll fit your budget. Tips on buying a new car – Things to consider when choosing a new car It is only when you understand the purpose behind buying a car, that you will be able to choose the right type to be it an economy, family, luxury, sports, or an off-road vehicle. There are a lot of things to consider when buying a new car, including safety, driving comfort and price. New cars cost more than used cars. What this therefore means is that, if as you bought a car that is two or three years old, or even five, it will be much cheaper than buying the brand new version of it. Other factors considered include age, gender, common location of driving and your marital status. People, in general, do not compare car insurance policy and base their buying decision based on the low premium cost. Theyâll do so immediately they realize that your sole focus is on payment. Everyone now wants the convenience that comes with having a car but getting one is not like picking a packet of milk from the supermarket. Many car lovers want power but this will come at a cost, the big fancy machines like Land Cruiser V8 will be rated at 4700 cc and at 5.5 km per litre. For example, letâs assume youâre single without any plans of getting married. Simple, talk to people! But, that doesnât imply that itâs now an easy time to purchase a car. Such include styling, color, reliability, technology, fuel economy, comfort, capacity, and so on. When we talk about fuel, Maruti Suzuki might … Also, put these guidelines into action. You can then file an application for a pre-approved loan. In fact, a new car is the 2nd most costly item most people. Used car shoppers may be armed with a Kelly Blue Book or the Canadian Black Book to help determine a ball park figure, but it’s factors like mileage, wear … Doing you research will also help you determine if you can not only afford your dream car but that you can also afford the cost of maintaining it from the servicing, parts, security, style and car insurance in Kenya. Rhapta Road No, they donât purchase new cars like theyâd buy clothes. We want to help lessen the complication involved. Thatâs not all. Itâs less likely that youâll just wake up and decide to purchase a new car, then walk into a showroom, swipe a debit or credit card, and drive away. Buying a car is for many, one of the biggest purchases they will ever make. Youâve found your perfect car. A new car is at the very peak of its value. Therefore, you ought to select something which will meet your specific needs. As well, the model, make, and kind of car you intend to insure will be accounted for. Know the much you can spend on a car. At the end of the day there are a few reasons to treat a new car purchase pretty seriously – not impulsively like I personally did in 2014. One of the most notable factors in buying a new car may be the safety devices, features, and technology. What do you do, now? This sounds like a silly question to ask yourself before buying a car but it is an important one. That doesnât also suggest that dealers will simply give the cars away. You should then let the dealer know that youâre aware of that carâs invoice price. You should work out a budget and plan. Youâre aware of what you need and want. Purchase from a fair and cooperative dealer. However, make sure not to pay for technology and features that you will not use. Of course, weâre not talking about their name. This means if you make a purchase, I may receive a commission at no cost to you. Factors to Consider When Buying a New Car. Research on the different pros and cons of different kinds of cars before you set out to buy that car. Luxury brands like Mercedes have both availability of spare parts and servicing from the manufacturers. In fact, thatâs the main reason why there are so many models and makes on the market. There are many things to consider before making your final choice about what vehicle to buy. You’ll thus be likely to win the best deal possible. Try your best not to roll a balanced upside down loan into a new one only because youâre tired of the old car. Now, youâll get serious about purchasing your selected vehicle. Now, negotiate with your dealer. Spending hours, days, and months researching reviews and comparing smartphones or laptops isnât a cost-effective means to spend time, is it? Are you buying a new car? If it's more or less, so be it. There are two universal facts about buying a car that everyone needs to remember. These are the standard features which must be applied to all cars starts from 2017 imported or local made according to global NCAP till 2020. There are always new technological and safety advancements being made in the car … Wait, thereâs the bad news. In fact, they qualify for some rebates that arenât even made public. The fact is that most affluent car buyers seldom keep a new vehicle long enough to fully experience the long-term costs associated with sophisticated, high-tech vehicles. Very few people pay cash. 4 factors to consider when buying a family car. The driving record is a primary factor that determines how much youâll pay. Next, theyâll look up reviews, prices, and factor in rebates and incentives. Owning a personal car was once a preserve for only the very rich. That nice red Range Rover you like may not be what you can afford. Now, you already know the car thatâs right for you. Make sure you are receiving a good value and secure any promises in writing.As you can see, buying a new car can be a complicated process that involves the consideration of many important factors. November 22, 2013 By Michelle 3 Comments. Know why you want a car and research on the best one to fit that purpose. In no particular order, the biggest factors to consider before purchasing a vehicle include: Your debt to income ratio. Buyers should choose vehicles with features that meet their needs but avoid extra features are unnecessary. Bottom line is, do you research on every step you take to buy that car to make sure you have made the absolute best decision on each step. You can purchase a fully loaded minivan for those big family vacations, a sleek new sports car, or a stripped-down compact for your new college graduate. When looking for a new car, the world is your oyster. Also, thereâs no set price point to negotiate towards with any car! You can easily make use of your pre-approved loan as a baseline against which your dealer will compete. It nice to want the finer things in life, however, you have to select a car that is budget friendly. You don’t always have the same safety nets you would have if you buy a new car. There are two universal facts about buying a car that everyone needs to remember. Pricing varies with age, content, demand, and supply. Some dealers can help you get the right financing for your car and help you with the paper work that is needed. In case your record features accidents and tickets, you’ll pay more. From your requirements to your budget, there are plenty of factors to consider before you commit to a purchase. Then, itâs time that you know how much the insurance will cost. Licence Number : IRA/05/30639/2016. Cars eventually die and require replacement. However, those are just average values. Nearly 50% of all car buyers choose a new car based on their previous experience with another make or model. You wonât be required to do any of that stuff if you trade the car in. What if youâre leasing or financing? Everyone has their set of requirements. Instead, they keep some as extra profit. Itâs thus a wise thing to know all rebates which you qualify for. 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