back to articles | June 12, 2023 | Jeremy Bowler

Categories: Tips & Insights For Car Buying

Buying a Car, Avoiding Buyer’s Remorse

Everyone’s happy when they bring a new vehicle into their life. But the question is: how long do they remain happy with their new car?

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Everyone’s happy when they bring a new vehicle into their life. But the question is: how long do they remain happy with their new car? For some people, it’s years and years and years. For others, the happiness fades within a few months. And in some cases, some people don’t only find that their vehicle isn’t bringing them joy, but that they actively regret making the purchase. This is called buyer’s remorse, and while you can have regrets over any purchase you make, it’s more difficult with a car, since, well, it costs you a lot of money!

So how do you ensure that you’ll love your vehicle as much three years down as you did on the first day behind the wheel? Take a look at these handy tips to ensure that you don’t regret your decision.

Think Practical

You might be drawn to getting a vehicle that looks the part, but remember, as with most things, appearance should be a secondary priority. The first goal should be to ensure that it meets your practical requirements. For example, it wouldn’t make sense to have a large vehicle designed for rural use if you live in a city where large parking spaces are hard to come by; and it wouldn’t make sense to have a zippy city car if you live in a rural area. So first thing to think about: does the vehicle suit the environment in which it’ll be used?

Do It Your Way

It’s much easier to fall in love with a vehicle when it feels like it was designed specifically with you in mind. And guess what: in some cases, that might actually be possible. If you’re looking for a Ford Ranger, for instance, then you’ll have a whole host of customization options available to you; so if you’re in the market for that vehicle, discover more about the process of building your own — it’ll give you a vehicle that you positively love driving. Even if you’re looking for a car model that you can’t fully customize, you may be able to select from a variety of trim options, which will push you towards getting a vehicle that feels right for you.

Calculate Overall Cost

You’ll have to spend a significant amount of money on your vehicle; there’s just no getting around it. However, if you end up spending too much, then you’ll be more likely to regret your decision. When you’re putting together your budget, don’t just think of the money that you’ll spend initially to make the vehicle yours. Think about the overall cost, including how much you’ll need to spend on gas. If your new vehicle goes through gas like it’s water, then you’ll have to spend a lot of money just to keep it on the road. In addition, think about the cost of insurance, as well as the resale value.

Take the above tips on board, and you’ll get a car that you love both now and in the coming years.