Car ownership is not just a luxury but a huge responsibility as well. When you buy your first car, make sure that you are fully prepared not only financially but mentally as well. Apart from the fuel, maintenance, insurance and tax expenses, owning a car also comes with emergency and surprise expenses of accident recovery. The car sales in Australia are uprising for younger audience. When buying first vehicle for teens, keep the given 10 tips in mind to play it safe.
1. Preparing Teen When Breaking the News
When your teen is legally allowed and technically equipped with driving knowledge, it is the time to break the news. The teens will be already excited to own new cars therefore try to kill suspense from the news of buying teens first vehicle. The parents should tell the teens that a used car is going to occupy the vacant space in the garage. They should also decently teach the teens about the responsibility of owning a car. Teaching them about managing the finances related to car and taking ethical and legal responsibility on roads is vital to make their driving experiences pleasurable.
2. Discuss the Budgeting Tips
As a young driver, it would be difficult for you to manage the college fees and expenses along with affording your new car. When buying teens first vehicle, the parents should discuss the budgeting tips with them including these.
– Fix a percentage of your monthly budget for the car. Put the money in monthly savings if you are lucky enough to save the money for car. It may be used in emergency situations instead of borrowing money from someone.
– Upgrade your car only when it is essentially needed.
– Learn to check the mechanics of your car on your own rather than paying for the expensive mechanics and electricians.
– Keep it clean and drive safely on the road to avoid maintenance and repair expenses.
– When it comes to choosing an option from paying for the college expenses or your car, always choose to pay for your college expenses.
3. Research and Do Your Homework
When you buy your first motor-vehicle, it is important to keep a number of things in mind including the car technicalities, mechanics, model, your monthly budget and insurance costs.
– Make a list of the car models and note down the technical points including fuel mileage, engine horsepower, model and other related technical points.
– Sum up the fees involved in the process of buying teens first car.
– Sum up your budget and specify a percentage of your budget o car expenses.
– Collect market data and find out the least expensive markets.
– Take references and suggestions from neighbours and friends.
4. Inspection and Test-Driving
When you go to buy your first motor vehicle, make sure that you take an adult or trusted mechanic with you for inspection and test-driving. Just 20 minutes of ride can tell the condition to an automobile expert. Avoid the mechanic provided by the owner of the car and rely on the mechanic referred by your parents or guardian only.
5. Negotiation is the Key to Safe Buying
When buying teens first motor vehicle, the parents should participate in the process of negotiation or teach the teens about negotiation techniques. Negotiating like a pro includes researching the market prices before negotiation, starting with the lowest possible prices, checking the car model and engine number, asking to reduce the price on the basis of technical faults and negotiating with an attitude of moving away from an unfair deal.
6. Buy a Safer Vehicle
Different exhibitions and events of car sales in Australia teach about checking the safety ranking of a car. When selecting the best deals on car, make sure that the car is safer to drive on the roads by teens. Apart from the essential safety accessories like airbags, make sure that the car also offer technical and electrical safety.
7. Quality Check for Teens
Instead of picking the best deals on cars, look for best cars for teens. It is not necessary to purchase an expensive vehicle with luxury accessories when buying teens first car. The best cars for teens contain teen accessories like music system and GPS. But you may also choose a cheaper car without accessories and upgrade it later. As a teen driver, you should not compromise on the quality of mechanical parts and safety features when you buy your first car.
8. Check the Background of Vehicle and Owner
Any vehicle involved in a crime may put your teen kid into trouble. The best cars for teens have crime-free police record. You may track the record of car from websites of car sales in Australia or visit the nearby crime reporting centre. Also check the background of the owner. Criminal car owners may replace the original parts with fake ones and sell the vehicle at the price of original car parts.
9. Don’t Pay for Exterior
A few scratches and dents on the car’s exterior may reduce the car price down to thousands of dollars. When buying teens vehicle, don’t pay for the exterior. The dents and scratches can be fixed with DIY techniques or with the help of a professional car mechanic. On the other hand, the young driver may come back home with new scratches and dents every day.
10. Upgrade for Security
Any car can be upgraded for security. Include the security upgrading items in your budget like Electronic Stability Control and Anti-lock Brake System. Also, download the tracking, security and navigation apps in the mobile phone of the teen for higher security on the road.
Above all, keep monitoring the driving, road attitude and responsibility of the teens. Also, teach them about the defensive tips on the road including traffic laws and getting legal or technical help from a professional.