Beginner's Guide To: Buying New Cars

When it comes to the decision of which car to buy and where, the first step is to know how much you are willing to pay or can spend. We must take into account additional cost of car insurance UK costs are holding, maintenance, fuel and others that vary depending on the car. If you buy on credit you should start making a monthly budget. A general rule is that roughly 20% of your monthly net income can be dedicated to pay for a car.

Recommendations and tips

Add up all your fixed expenses of the month as rent, electricity, telephone, loans, savings, etc. Subtract this to your net income and then subtract your estimated variable expenses such as food, entertainment, etc. The result is the approximate amount you have to spend on monthly payments.

The next step is to look at your transportation needs and use of the car. Take into account how many hours a day you will be driving, is the car (fuel consumption) suitable for motorways or just driving around in the city or would you be using the car just on the weekends?

Features and considerations

When looking around at new cars, there are other important features such as security (kids travelling in the car?), availability of service centres and spare parts, cheap or expensive maintenance(very important), comfort of the car, etc. Don't forget that all this adds up to you monthly expenditure and make sure that you can afford it!

Enviromentally friendly?

Most of the newest cars on the market boast with very low CO2 emissions so you will be ok if you want ot be enviromental friendly. This will also result in reduction of the amount of road tax you will be due each year.

Research UK new cars prices

One of the most important factors when buying a new car is the price. It is important to research and compare prices between similar new cars before making a decision. The extras (if not factory) should not greatly influence the price. Many companies often inflate the price of a car because it comes with an MP3 player or special wheels. It is possible to lease new cars from £144 per month up to £300 per month. Whether Mitsubishi UK, Toyota UK, Peugeot UK, it is possible to find special deals. Most providers include delivery charges in their price. You could get a significant discount up to 50% if you look out for special offers online, TV adverts or in the papers. You can find comparisons about car specifications, prices, etc. online.

New cars coming out in 2021

Dacia Sandero - it is expected to be another cheap supermini car from Dacia's range. The use of Renault parts makes it a good choice. 

Vauxhall Astra - in a bid to compete with its rivals, Vauxhall are releasing the new family Astra model. A lot of parts and technlogy are entwined with Peugeot 308.  As a 296bhp plug-in hybrid model - we will see the VXR badge back on motion.

Kia Electric SUV - coming out as a rival to Porsche Taycan, the main advantage of Kia is that it will cost less. As any other electric car the range will be 300 miles but it is expected to reach from 0 to 62 mph in less than 3 seconds. 

Latest Feedback
I read the article about new cars, but what is the best insurance types to look for?
Steph M, N Ireland
Is it possible to buy a new car on finance for £150 per month with MPG higher than 50? Any suggestions?
Jane S., Shoreham-by-Sea
I want a new car with low and cheap maintenance. Could you recommend any?
Stu, Cork
Would it be possible to get a new car on finance with bad credit?
Raj, SE London
You may want to read about: Tyres