"15 Key Things to Remember When Buying a Car to Avoid Regrets"

Buying a car is a dream for many, but it’s also a significant financial decision. Without proper planning, you may end up regretting your choice due to high maintenance costs, poor resale value, or mismatched features. This detailed guide is designed to help you make the right decision when buying your dream car.

1. Define Your Budget Properly

On-Road Cost: Don’t stop at the ex-showroom price; include insurance, registration fees, and additional taxes.

EMI: If you’re opting for a loan, ensure your EMI doesn’t exceed 20-25% of your monthly income.

Hidden Costs: Account for long-term costs like fuel, regular maintenance, and repairs.

Pro Tip: Always set aside 10-15% of your budget as a buffer for unforeseen expenses.

2. Understand Your Driving Needs

City Commutes: Hatchbacks or compact sedans are perfect for maneuvering through city traffic.

Highway Drives: SUVs or sedans with powerful engines ensure comfort and stability on long drives.

Family size: For small families, hatchbacks are adequate. For larger families, consider SUVs or MPVs.

Quick Example: For a family of five, the Maruti Ertiga is a great choice, while the Hyundai i20 is perfect for a couple living in the city.

3. New vs. Used: Make a Smart Choice

New Cars: Offer a warranty, require low maintenance initially, and come with modern features.

Used Cars: Budget-friendly but require a thorough inspection of mileage, service history, and condition.

Pro Tip: When buying second-hand, choose a car that’s 2-4 years old with complete service records.

4. Focus on Resale Value

Cars from brands like Maruti Suzuki, Toyota, and Hyundai retain their value better.

Choose models that are reliable and in high demand, like the Swift, Creta, or Innova Crysta.

Why it matters: A car with high resale value can save you thousands when it’s time to upgrade.

5. Select the Right Type

• Petrol: Ideal for short distances and lower initial costs.

• Diesel: Suited for high-mileage users but with higher maintenance costs.

• Electric/Hybrid: Best for environmentally conscious buyers with a long-term perspective.

Fact: I think if you want to buy a car in , both petrol and diesel vehicles can have high maintenance costs. Electric cars lack infrastructure, so consider hybrids for the best of both worlds."

6. Transmission: Manual or Automatic?

• Manual: Cheaper and offers better control.

• Automatic: Convenient for city traffic but may cost more.

Pro Tip: Consider AMT (Automated Manual Transmission) for a balance between affordability and convenience.

7. Safety Features are a Must

Safety shouldn’t be optional. Look for:

• ABS (Anti-lock Braking System): Prevents skidding.

• Airbags: Minimum of two, but six is better.

• Reverse Parking Sensors: Essential for urban driving.

• Global NCAP Rating: Opt for cars with at least a 4-star rating.

8. After-Sales Service

Brands like Maruti Suzuki, Hyundai, and Toyota offer widespread service centers and affordable spare parts.

Reliable service ensures a hassle-free ownership experience.

Pro Tip: Research customer service feedback for your chosen brand.

9. Car Size and Performance

• Compact Cars: Best for city driving and parking.

• SUVs: Ideal for off-road adventures or rough terrains.

• Engine Power: Check specifications like horsepower (bhp) and torque for a smooth ride.

10. Never Skip a Test Drive

Feel the car’s comfort, handling, and performance during a test drive.

Test visibility, braking, and ease of controls.

Quick Tip: Test drive the car both in city traffic and on open roads.

11. Research Maintenance Costs

Some brands like Hyundai and Maruti Suzuki are known for affordable maintenance.

Check the cost of spare parts and servicing frequency.

Pro Tip: Compare annual maintenance costs of different models before making a decision.

12. Read Reviews and Ratings

Customer reviews and expert opinions can provide valuable insights.

Websites like CarDekho, AutoCar India, and Team-BHP are great resources.

13. Negotiate Like a Pro

Don’t shy away from bargaining for discounts, free accessories, or extended warranties.

Compare quotes from multiple dealers to secure the best price.

14. Evaluate Resale Value

Maintain the car’s service records and keep it in good condition to ensure a higher resale price.

Cars like Maruti Swift, Hyundai Creta, and Toyota Innova hold their value well.

15. Comprehensive

Choose a policy that covers theft, damages, and third-party liabilities.

Compare premiums from different insurers for the best deal.

Pro Tip: Opt for add-ons like zero depreciation or roadside assistance for extra security.

Conclusion

Buying a car isn’t just about picking the most stylish model. By keeping these 15 points in mind, you can ensure that you invest in a vehicle that fits your needs, offers great value for money, and gives you peace of mind. Whether you’re buying a new car or a used one, a little planning can save you from future regrets and help you enjoy your ride for years to come.

Take your time, do your research, and make an informed decision—because a car isn’t just a vehicle; it’s a companion on your journey.