Top Factors to Consider When Choosing a Car

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choosing a carHave you ever wondered why people choose a specific type of car? It can be a SUV, a salon, a station wagon, 4WD, or whichever choice one may opt for.  One of the biggest reasons people buy vehicles they drive is styling. A lot of market research is done to collect information on what people need in a car. This is the information used by motor vehicle companies in making a decision on which cars to make.

Here are top reasons on why people choose specific type of cars when making purchasing decisions.

1. Quality

When we talk about quality, we are talking about the workmanship and durability of the car, its accessories and components over time. Cars that are rated high on quality will experience fewer overall problems such as rubber seals, paint peeling or rattling noises. Quality will also extend to include reliability and durability, as these are among the most common reasons people choose a particular make and model.

2. 4WD/AWD

When we talk about 4WD, we are talking about a Four by Four, a term used to refer to off-road vehicles or at least vehicles with all terrain capabilities. Then comes All Wheel Drive, which is a more recent innovation, and as you might expect, it is a bit more complicated. The biggest difference between 4WD and AWD is that in AWD drive system is on all time. Depending on the road, terrain and purpose of the car, one may choose these wheel drive types.

3. Cost of ownership

cost of ownershipThe long-term cost of owning a car is considered is considered more than the actual cost of purchasing it. When we talk of ownership costs, we talk about depreciation, maintenance, fuel, repairs and insurance. Out of these costs, the largest is depreciation, the loss in value over time.

4. Cost

Most people have a budget, and the budget dictates what can be spent on a new car. A small percentage, around 38 percent of new car buyers say that a vehicle’s price or the monthly payment is among the main reason they choose a specific make and model of a vehicle. In most cases, people have a specific amount set that they are willing to spend on a car. The challenge lies on the associated maintenance costs involved.

5. New or used

You have probably heard that a car loses a lot of value the moment it’s driven. It is now easier to buy a used car at a reduced price. A good two or three year old used car is one of the best value for money you can get out there. Because of depreciation, it makes a lot of sense to buy used cars due to a couple of reasons. When evaluating if to buy old or new car, the answer is neither right nor wrong. All what depends in making a conclusion is what you need, your budget and appetite for the risk. If you decide to buy a second hand, ensure that it is a certified pre-owned car.

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