Buying a car is one of the most significant purchases you’ll make, and whether or not you’re a first-time buyer or longtime auto enthusiast, it can feel overwhelming. Who even knew there were 5 best criteria to buying a car?
Deciding between buying a new or used car is a big part of the process, but even more important is knowing what criteria to evaluate before making your choice.
Whether you’re eyeing a sleek sedan or a reliable SUV, buying a pre-owned car can be a smart way to save money while still driving away with quality. To help you make the most informed decision, we’ve outlined the 5 best criteria to buying a car that suit your needs, finances, and preferences.
1. Best Criteria to Buying a Car: Affordability
One of the most important factors to consider when buying a car is affordability. It’s not just about the sticker price but also the total cost of ownership, which includes ongoing expenses like fuel, maintenance, insurance, and registration fees.
- Set a Budget: Assess your financial situation and determine how much you can comfortably spend on both the upfront cost and monthly expenses. Experts suggest that your monthly car payment should be no more than 15% of your monthly income.
- Stick to It: Once you set your budget, stay firm. It’s easy to get tempted by cars with additional features or upgrades, but overspending can lead to financial strain.
- Consider Financing: If paying in full isn’t an option, explore financing options and calculate the potential interest rates over the length of your loan. We actually offer something like this when you get approved for a loan with us here at Premiere.
For first-time buyers, affordability is often key.
2. Luxury—Yes, You Deserve a Touch of Class
Who says you have to sacrifice a luxurious driving experience just because you’re buying used? Many high-end cars are available at a fraction of their original price when purchased pre-owned. Brands like BMW, Audi, and Lexus offer timeless designs and cutting-edge features in their older models.
Why Shop Luxury Used Cars?
- Modern performance and comfort features are often built to last.
- You can enjoy leather seats, premium sound systems, or advanced tech packages without paying new-car premiums.
Pro Tip: Look for certified pre-owned (CPO) luxury vehicles. These cars are rigorously inspected and often come with extended warranties for added peace of mind.
3. Fuel Efficiency: A Top 5 Best Criteria to Buying a Car
Honestly, fuel costs can add up quickly, especially with fluctuating gas prices. For this reason, fuel efficiency is a critical criterion when buying a car.
- Understand Fuel Economy Ratings: Measured in miles per gallon (MPG), fuel economy ratings provide a glimpse into how fuel-efficient a vehicle is. The better the MPG rating, the less you’ll spend on gas.
- Think Long-Term Costs: While a car may seem affordable initially, poor fuel efficiency can lead to higher costs over time. Calculate how far you drive regularly, and choose a car suited for your needs.
- Eco-Friendly Options: Consider hybrid or electric vehicles (EVs) for reduced fuel consumption and a smaller environmental impact. While EVs may come with a higher price tag upfront, federal tax incentives and savings on fuel can balance the scales.
So, fuel-efficient cars not only save you money but also reduce your carbon footprint, making them a win-win choice.
4. Another Best Criteria to Buying a Car: Reliability
A car may look stylish, but if it doesn’t run reliably, it’s not worth your investment. So, researching reliability is an essential step in ensuring you’re choosing a car that will keep up with your lifestyle.
- Explore Reliable Brands: Brands like Toyota, Honda, and Subaru are renowned for their dependability. Look for models that have a reputation for durability.
- Read Reviews: Check reviews from websites like Consumer Reports and J.D. Power to gather insights into the performance and reliability of specific makes and models.
- Plan for the Long Haul: While many used cars still have years of life left in them, ensure the model you’re considering has a track record of aging well and won’t become costly to maintain over time.
Basically, reliability ensures that your car remains a practical and trustworthy asset for years to come.
5. Lifestyle and Comfort
Your car doesn’t just need to suit your budget—it needs to fit your lifestyle. Whether you’re commuting to work or embarking on road trips with family, consider how the car will meet your daily needs.
- Assess Your Needs: Do you need extra space for passengers or equipment? Is an SUV or a hatchback better suited for you? Are you looking for a compact, fuel-efficient car for city driving?
- Test Drive It: Never skip the test drive. It’s the best way to evaluate whether a car is comfortable to drive. Pay attention to visibility, seating position, steering response, and noise levels.
- Consider Features That Enhance Comfort: Heated seats, climate control, and an intuitive infotainment system can elevate your driving experience.
In sum, your car should be a reflection of how you live, providing convenience and comfort along the way.
Drive Away With Confidence
Buying a car is a big decision, but following these 5 best criteria to buying a car can simplify the process and help you find the perfect fit.
If affordability is your primary focus, or if luxury and lifestyle are at the top of your list, our curated inventory of certified pre-owned cars, including our new Vanderhalls for sale, seeks to deliver both affordability and luxury combined.
Start your car-buying experience today.