Buying a new car is always exciting. It’s even more so if this is your first car, but any new car represents new opportunities and things to think about. You need a vehicle that suits your life now, and as our lives are constantly changing, that may mean that your car needs are changing as well.

So, here are some things that everyone should consider when buying a new car, especially if that car comes bundled with a major lifestyle change.

Your Budget

First things first, figure out what you can afford. There’s no point in finding the perfect car if it’s out of your budget.

This should also factor in your car insurance rates as different cars will cost different amounts to insure. If this is your first car and you’re young, your car insurance might be much higher than an older person. So, find a car that won’t add up to even higher premiums.

Your budget might be how much cash you have on hand, or it might be related to how much you can get in a loan. When getting financial aid or loans to buy a car, don’t go for the most expensive option. Be smart with your budget and look for options that meet your needs without breaking the bank.

Your Needs

Speaking of which, what are your needs? Most new or single drivers mainly need a vehicle that covers the basics. Ideally, it should be inexpensive to run, reliable, and have the right specs and appearance for your preferences.

But different people might have specific needs. For example, you might need a van or a vehicle with off-roading capabilities to suit your lifestyle or your work life. Maybe you plan on long commutes or road trips that necessitate some creature comforts. Or, if you have children or are planning on growing your family, you’ll need a car with enough space for everyone to be comfortable and to lug around all of your kid’s stuff.

Balance your needs with your budget and you never know, you might be able to squeeze in a couple of preferences to find your ideal car.

Buying New or Second Hand

One thing that can hugely impact the cost of your vehicle is the state in which you buy it. Most reputable dealerships like Edmunds will sell cars that will run perfectly well, but this is still a matter of personal preference and your needs.

Second-hand cars are always cheaper, but depending on the previous owners, they might be less reliable. Check the logbook and get the car looked at by a mechanic before buying it. If it’s been in a serious collision and fixed up, it may have issues.

However, most second-hand cars have been looked after perfectly well and you get a very nice car at an even nicer discount. Even so, ask for a guarantee or other services with your purchase.

New cars are much more expensive, but they are also brand new. They often come with a form of guarantee or a period of free service, allowing you to take care of them for longer.