Car Buyers Guide

Car Buyers Guide

Buying a car is a big decision, that’s why we have put this small guide together. A bunch of helpful tips and some information that may be useful to you when thinking about buying your next car.

It’s a good idea to take your time when purchasing your next car, it means you’re likely to choose the best one for your situation and not regret your decision a month after making your new purchase. We have selected just a few things to consider but there are many more so ensure you do your homework fully before making the plunge to buy a new car especially if your chosen car is a substantial investment.


Think about the size of the car and what you are using it for

Are you looking to expand your family in the near future? Changing jobs that’s requires you to commute further? Do you have a dog? Maybe 4 or 5 door model is better suited to you? These things are important to consider if you are looking to purchase your car using finance. This is because you may be restricted as to when you can change your vehicle. If you want to change your vehicle early you will need to think about settling the existing finance and whether the amount you can get for your vehicle covers the outstanding finance amount. It’s good to consider what you believe your life will look like over the next 3 years to make sure your car reflects this and is a suitable choice.

Costs associated with running the car

Tax – The road tax you pay each year is based on your car’s CO2 emissions. Cars with levels below 100g/km pay no tax. Do your research before you buy so you can factor this in for budgeting.

Insurance – Make sure you get quotes for the type of vehicle you are looking to buy before you purchase your car. At least you will have a rough idea as to how much you will be paying, and it won’t be a shock when you come to take out an insurance policy. A lot of finance companies will require you take out fully comprehensive insurance so bear this in mind when looking at quotes and budgeting.

Fuel – A cost to consider as this can soon add up if your new car is guzzler and you do a lot of miles.  There will be helpful information available from the manufacturer on how many miles to the gallon you can get out of the car.

Maintaining your car – Whilst servicing your vehicle is not mandatory like a MOT is, it is worth getting this carried out on a regular basis. By doing this means you can catch problems early, when they are cheaper to fix. A well-maintained car is more efficient, so you will save cash on fuel, BONUS! 

Tyres – The bigger they are and the lower their profile, the more expensive they are. Do remember that you’re also legally required to ensure your tyre tread is above 1.6mm. So, the more miles you do, the more they will need replacing.

Unexpected breakdown costs – Yes it does happen at the most inconvenient time, the car needs fixing right about the same time as the summer holiday or even worse Christmas. Make sure you budget and are prepared for this situation, whilst it’s not guaranteed to break down and need fixing its always better to be financially prepared for these potential situations.

The environment

How our life choices are affecting the environment is a hot topic so its no surprise that people are changing their attitudes towards what car they purchase and also the costs that are involved for vehicles that are more harmful to the environment. If you are looking at a SUV/4×4 type vehicle you should look at the costs associated with this as they are usually heavily penalised because they are more harmful to the environment. Anything with a large engine that likes to guzzle fuel will usually have higher costs associated with it. Just make sure you consider this as part of your buying process, so you don’t get any nasty surprises.

Selling your car

It may not be top of your list now when looking at factors for choosing your car but eventually you will be looking to sell. Maybe in 3 years or may be in 10 years, but you should factor this in, especially if you like to change your car every 3 years.

Do your research on depreciation. Depreciation is the reduction in value of your car over time, due in particular, to wear and tear. Some cars depreciate faster than others so make sure if you have a make and model in mind that you are aware of its deprecation rate.

The colour of car can affect its price and selling power. The usual popular colours such as black, silver and white tend to hold value more. Unique colours like pink or orange may mean there is less demand so could take a lot longer to find a new owner for your car, just worth considering.

Keep it clean! Prospective buyers are more likely to give you what you are asking for if they can see the car has been looked after. Keep up the maintenance, full service history is key to providing comfort to a potential buyer that you have looked after the vehicle.


How are you funding your new car?

Finance? Savings? There are so many options out there it can be tricky knowing or understanding what the best option for you is. Do your homework on all options to make sure you are selecting the right option for you. From Hire Purchase finance to PCP finance to using your own cash or getting a personal loan there are many options. Make sure you read the terms and conditions of each option when it comes to finance to see if it fits in with your requirements.


Make sure you test drive the actual car that you plan on buying rather than a similar model. By test driving the actual car you may be able to notice any issues the car may be experiencing, and it enables you to closely inspect the car for scratches, damage and missing parts like a parcel shelf. It’s better to bring all of these things up presale because once you have purchased, the dealer may be less likely to be so helpful.

Make sure you get your vehicle from a reputable garage. Look at customer reviews on sites such as Google Reviews or Trustpilot. This is a good way for you to get an understanding of how you are likely to be treated. Especially pay attention to any reviews relating to the after sales process, just in case you have any issues with the vehicle.

Most importantly don’t make anyone rush your decision when it comes to buying your next car as it can be expensive if you rush and make the wrong decision for you!

The Go Car Credit Team 😊

Ps Stay tuned for more helpful information and guides to make the car buying experience stress free!