Before you go out and splash out on a new vehicle you may like to take some time putting together a list of your incomings and outgoings, such as motor insurance.
Young male drivers often pay the most for their car policies as statistically they are involved in more accidents than older drivers. If you have been given some cash to put towards your first car you are likely to be very eager to find your ideal motor to hit the open road. However, due to costs, such as your insurance premiums, it is wise to do some research before you purchase your wheels.
Deciding where to begin your car search is a good starting point. Some young motorists prefer private sales, whereas others like to browse dealerships for bargains. The advantage with purchasing your car from a recognised dealer is that you will be protected by consumer laws. Regulations in Ireland require sellers to offer products that are in working order, with any problems declared. So, if you purchase a vehicle that develops a fault that was not brought up at the time of sale you are more likely to receive a refund or have the issue fixed, than if you bought the motor privately.
Another advantage of purchasing from a dealer is that they can offer finance deals if you do not have enough money to buy your desired motor. It is recommended that you check whether the retailer is registered with the National Consumer Agency, which is a body that regulates firms who supply credit to shoppers. Once you have bought you new car it is a legal requirement that you pay Vehicle Registration Tax, Motor Tax and car insurance.
The costs of these depend on many factors such as the carbon emissions your vehicle produces, size of its engine and your age and gender. It is wise to consider the impact of these on your finances before you sign for a new motor. If you prefer to go to private sellers for your first car, you may find that there are more bargains available.
Garages like to increase their prices to the fullest amount expected for second hand vehicles but individual sellers may be more inclined to drop the price of their motor for a quick sale. In order to safeguard your finances, it may be a good idea for you to consult official bodies that can do data checks on your chosen vehicle prior to purchasing it. This can help raise any issues with your car, such as if it has been stolen or if there are payments outstanding on it through previous hire purchasing deals, which could cause problems for you when it comes to registering your new wheels.
As private sellers are not bound by the same consumer laws as official dealers there is no legal promise that your car will run once you have bought it. To prevent mechanical failure, many young drivers ask an expert to take a look under the vehicle's bonnet to check for defects, so you have peace of mind that your car will run well. If you choose to go for a second hand car, you may find they are cheaper to insure as their parts cost less than those installed in newer cars, which can help young drivers make further savings.
Rochelle Martinez, Freelance Web Content Article Writer for three years. Some of her articles are about http://www.quinn-direct.com.
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