Guide to Buying Your First Car

Are you ready to embark on the exciting journey of buying your first car? As a newcomer to the car-buying process, it is important to be well-prepared and informed. Here are some valuable tips and tricks to help you make a smart purchase decision:

1.    Set a budget: Determine your financial limitations and establish a realistic budget. Consider not only the initial cost but also ongoing expenses like insurance (if you’re thinking about buying a used car, it might be worth investing in mechanical breakdown insurance), maintenance, and fuel.

2.    Research, research, research: Spend time researching different car models, their features, and their market value. Compare prices from various sources, including dealerships, private sellers, and online platforms such as Trademe, Facebook Marketplace and AutoTrader.

3.    Check the vehicle history: Obtain the vehicle identification number (VIN) and conduct a thorough background check. Ensure the car has a clean history, no outstanding finance, and has not been reported stolen or written off – websites such as Carjam allow you to do this.

4.    Take a test drive: Schedule a test drive to assess the car's condition, comfort, and performance. Test various features, including brakes, steering, and acceleration. Don't hesitate to ask questions or bring a knowledgeable friend along.

5.    Seek professional advice: Consider getting a pre-purchase inspection done by a trusted mechanic, automotive service  or through AA. They can identify any hidden issues and provide an expert opinion on the vehicle's overall condition.

6.    Negotiate and haggle: Don't be afraid to negotiate the price. Research comparable vehicles and use that information as leverage during the negotiation process. Remember, there's always room for negotiation.

7.    Understand insurance options: Explore different insurance providers and policies, considering factors like coverage, excess, and premiums. Comprehensive insurance is generally recommended for first-time car owners. If you are purchasing a vehicle on finance this is generally required by most lenders. You can check out our car finance options here.  

8.    Consider fuel efficiency: New Zealand is known for its picturesque landscapes, so opt for a fuel-efficient car to save money on fuel costs and reduce your carbon footprint.

9.    Understand the legalities: Familiarize yourself with the legal requirements for vehicle registration, licensing, and warrant of fitness (WoF). Ensure all necessary documents are in order before finalizing the purchase.

10.    Don't rush: Patience is key when buying your first car. Take your time to weigh all the options, seek advice, and make an informed decision that suits your needs and budget.

Buying your first car can be an exhilarating experience. By following these tips and tricks, you will be well-equipped to navigate the process confidently and find the perfect set of wheels to kick-start your car buying journey. Happy car hunting!