How to choose my first car

Passing your driving test is a major turning point in life. Suddenly, you have the freedom to go where you want, when you want. However, all this is dependent on having wheels, and finding your first car can be a difficult and daunting prospect. Here are some tips to help you through and hopefully get you on the road.

Where to begin

Learner drivers don't have the worry of car ownership as a rule. Normally, you have to use an instructor's vehicle and don't have to think about insurance, road tax and fuel bills. Once you have your licence, it's a different matter altogether. There are several areas in which you will need to give serious consideration when making a short-list of ideal first cars. The biggest issue will be that of car insurance. Car insurance The insurance industry as a whole, levies extremely high charges on new drivers and this is particularly the case if you are young. Although it's tempting to look at cars with 1600cc engines and reasonable performance, the premiums on these will be all but impossible to sustain. We have reached a point where policies can cost several times the value of the vehicle, so look for cars with an insurance group as low as possible.
Cost Next, give some thought to the cost of your road fund licence. Since 2001, new cars have had their road tax based on their emission levels, so buying an environmentally friendly car will lower this outgoing. It will also save you money at the petrol pump which is a nice bonus. Parker's Guide Other costs that you need to take into account involve servicing and spares. All cars need regular mechanical attention to keep them running well. Check sites like Parker's Guide where you can find ratings for reliability, running costs and insurance to help you choose.

How do you pay for it

Deciding on the car for you is one thing, paying for it is something else. Clearly, the best first car purchase will be one that you have saved for and bought outright. This isn't always practical, however, so a loan may be needed. Motor finance Motor finance comes in many forms. Lease to own contracts, personal car loans: the market is crammed with options. The best advice is to speak to your banking provider to get advice on which method suits you. As a rule, personal loans are the favoured way to finance cars in the price bracket you ought to be thinking about.