When it’s time to buy a new car, there are a lot of factors to consider. Do you want a sedan, hatchback, or SUV? What size do you need? What features are important to you? And how much can you afford to spend?
These are all important questions that deserve careful consideration before making a purchase. But if you’ve narrowed your search down to sedans, here are five questions you’ll want to answer before making your final decision.
How Much Can You Afford?
Affordability will decide which model you can own. Factor in your lifestyle expenses like mortgage or rent, groceries, childcare, and utility bills. Then calculate the 20% down payment plus monthly car loan payments you can comfortably make. Keep in mind that you’ll also need to budget for gas, insurance, and maintenance costs.
If you have a limited budget, you may have to sacrifice some features you want to stay within your price range. But that’s okay! There are plenty of sedans on the market that offer a great blend of affordability and features. Once you have figured out how much you can afford, consider the best credit unions for auto loans.
Which Model Fits Your Needs?
Now that you know how much you can afford, it’s time to narrow down your choices of features. Think about your needs and what you’ll be using your sedan for. Fuel economy will be an important consideration if you have a long commute. If you have a family, you’ll need a car with enough space for car seats and luggage. And if you live in a cold climate, you may want to look for a model with heated seats and all-wheel drive.
Once you’ve considered your needs, it’s time to start looking at specific models. Research reviews online and take test drives to get a feel for each car. This is an important step in the process and should not be skipped!
What Kind of Warranty Does It Offer?
When buying a new car, you want to make sure it comes with a good warranty. This will protect you in case something goes wrong with the vehicle. Most new cars come with a basic warranty that covers repairs for a certain period of time or mileage limit, whichever comes first.
Some manufacturers also offer extended warranties that cover more repairs, for an additional cost. If you’re planning on keeping your car for a long time, an extended warranty may be worth considering. However, if you’re only planning on owning the car for a few years, it’s probably not necessary.
What is the Fuel Economy?
The average sedan gets about 30 mpg, but some models get much better gas mileage. To find out how much you’ll spend on gasoline, use the EPA’s Fuel Economy website. Enter in the make and model of the car you’re interested in, and it will give you an estimate of how many miles per gallon it gets.
How Much Maintenance Does It Need?
All cars need routine maintenance, but some models require more than others. Before making your purchase, research the common problems associated with the make and model of the car you’re interested in. This will help you budget for future repairs and know what to expect down the road.
You can also ask your friends or family members if they have any experience with the car you’re interested in. They may be able to give you some insight into its maintenance needs.
Buying a car might feel like a task, but it doesn’t have to be. With the right research and approach, you can have peace of mind about making the right call. Keep the above factors in mind, and you’ll be sure to find the perfect car for your needs. And don’t forget to have fun!