Owning a car for the first time is exciting – you’re gaining freedom and independence and leveling up in your life. Owning a car might have been a long-term goal you’ve had for a while and there’s a lot to celebrate about this decision.

However, there are also a lot of practical elements that need to be considered. Buying a car is a major commitment and there are a lot of factors involved that you’ll need to think about carefully before you take the leap and buy the car. Here are a few important things you should be aware of.

There’s a Big Difference Between New and Used

First of all, buying a new car doesn’t necessarily have to mean buying a brand new car. A used vehicle is sometimes the best option, especially if you’re on a tighter budget. If you decide to opt for a used vehicle, make sure you work with reputable sellers. Waxahachie car dealerships or verified dealers in your local area will be a good place to start.

A new car is a good option if you really want your car to last you for years to come, and if you have a little extra space in your budget. You’ll also be able to get a warranty and probably a service plan when purchasing a brand new vehicle which can help you financially in the future.

Your Lifestyle Plays a Role

To a certain degree, your car needs to reflect who you are and the lifestyle you live. This isn’t necessarily for aesthetic reasons, but practical ones.

If you’re a person who likes to go on trips, off-roading, camping, getting lost in the woods type of adventures – a snazzy BMW isn’t really going to work for your lifestyle. If you’re a busy Mum with 5 kids, a tiny hatchback isn’t going to make the cut. If you’re trying to live a life of luxury, and comfort and style are important to you, then an old, beaten up truck isn’t going to make you happy.

Keep these things in mind when shopping for the perfect car.

Where Are You Going?

Where, when and how often you travel will also play a huge role in the type of car you’re going to need. On top of the more personal and lifestyle-centred considerations, spend some time thinking about what purpose your car will serve in your life.

Longer or shorter commutes, long-distance trips, travelling around in town or driving on the highway every day – these are all things that will play a role in what you need in terms of power, speed, size and comfort.

Budgeting is Crucial

The number one thing to look at before even thinking about buying a car is whether or not you can afford it. When it comes to finances, there are a lot of things to consider.

First of all, will you be buying the car cash, putting down a deposit and paying off the rest, or financing the entire amount? How much do you have in the bank and how much can you afford in terms of repayments?

These are things to be decided before you even start looking at car models because they will be the main deciding factor in what you can and cannot put on your shortlist. Buying a car that’s over your budget could lead to serious financial repercussions in the future and it simply isn’t worth it.

Don’t Forget the Extras

When you’re budgeting, don’t forget to think of all the extra costs that are associated with car ownership – there are plenty.

You’ll need to budget for car insurance, annual services and maintenance, being prepared to pay for any damage (or insurance excess), licensing and registration, fuel, and even keeping your car clean inside and out. All of these things cost money and shouldn’t be ignored when budgeting.

All About the Tech

There’s a whole lot of technology that goes into cars nowadays. Whether you’re interested in the latest and greatest – think EV revolution – or just some basics like Bluetooth connection and a good aircon, decide what’s important to you and what’s not.

It’s easy to get carried away by cool tech in new cars, but remember that the more you say ‘yes’ to, the higher the price will go.

You’re Allowed to Be Picky

Finally, remember that this is your car and you’re allowed to be picky about every detail, including the price. If you’re not happy with an offer, shop around or negotiate until you find what’s just right for you.