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buying-your-first-car-as-a-student

Key considerations when buying your first car as a student

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Have you recently passed your driving test? Congratulations! A lot of students plan to get their licence in time for their first year at university. This goal makes sense. Having a car means getting around is so much easier. You’ll be able to get to lectures in no time and not have to worry about walking all the way back to your student accommodation from the supermarket with your weekly shop.

But now that you’ve passed your test, you’ll need to work out what car to get. Knowing where to begin can be tricky. So, here’s a rundown of some of the key considerations to be aware of when buying your first motor as a student.

Look at your budget

The cost of living has risen significantly in the last few years and we’re looking at ways to stick to a budget. As you’re looking at buying a car, you’ll need to work out how much you can afford to pay for your motor.

Establish early on the amount you’re able to spend on your first car. In addition to the car itself, you’ll need to think about what the different financing options mean, account for any repairs, and work out how much you’ll need for your car insurance and fuel.

Consider used cars

It’s likely you’ll be buying a second-hand car. These are the more cost-effective option and you and it’s possible to get a relatively new model for a fraction of the initial price. You know the budget you have in mind for your car now, so that makes it easier to narrow your search.

Research used models within your price range. Take the time to weigh up what you need. Are you likely to need to drive back home regularly? If so, you might need a motor that can handle motorway driving. Or maybe you just need a runaround, in which case, a small city car could be ideal.

Once you know the car you need, look out for key details. Safety features are crucial. What’s the braking system like? Are there parking sensors? Is there enough room in the car? Weighing up these factors when buying a used car can be helpful when making your purchase.

Consider fuel efficiency

As well as these features, you’ll need to prioritise fuel efficiency. While a lot of motorists are swapping to electric vehicles in time for the diesel and petrol ban, we’re set to drive traditionally-fuelled models for the time being.

This means it’s worth shopping around for a car that won’t cost a lot in terms of fuel. Look at the efficiency of the car you want and introduce some comparable models to help you decide.

Check out car insurance

Car insurance is a legal requirement. It’s vital for offering you peace of mind while out on the road. You’ll need to budget for your cover as this is a key expense when you’re a driver.

Once you have a motor in mind, for better protection and a simple process, get a car insurance quote. This will help you to work out how much cover you need as a student who’s new to driving.

Go for a test drive

Take the car you want for a test drive. Check the brakes are working, how it handles different roads, and get accustomed to the steering and gears.

If you’re unsure or you’re toying between a couple of models, request a test drive for each of them. Doing this will help you find the right fit and help to boost your confidence in the decision you make.

ALSO READ: How To Find Functional And Budget-Friendly College Accommodation

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The Educational landscape is changing dynamically. The new generation of students thus faces the daunting task to choose an institution that would guide them towards a lucrative career.

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