How do you think it feels driving your own car while in high school through college? Well, forget about the freedom and the fabulous ride on the highway. Owning a car comes with a responsibility that you have to bear as well. Therefore, before you own the coveted new Mitsubishi model, prepare for more expenses in addition to the actual cost of the car. Your car comes with insurance, tax, repairs, and maintenance costs that you have to meet on a regular basis.
However, with the right strategies, you can own your first car as a teenager without much stress. Here are top tips to follow:
Buy what you can afford
There is a wide variety of cars in the market, both new and used. However, the strength of your pocket or bank account determines what you eventually buy. As a teenager, you may not have a six-figure bank account or a valuable asset such as a house to show. However, that also does not mean you cannot drive a new Mitsubishi Lancer at a young age.
What you need to do is to work with a realistic budget that can turn your dreams into reality. You can involve your parents in this to come up with a workable budget. You should answer a few questions at this stage: will you use the car through high school only or will it take you through college? The length of time you wish to take with the car determines how reliable your new Mitsubishi should be.
Do a proper homework
As noted earlier, the car market is vast and diverse, which means you should have a list of your target cars. For instance, if you need a Mitsubishi Lancer or a used Mitsubishi Triton, you should have a list of reliable dealerships in your area. You can get information online through reviews and from trusted sources such as Edmunds.com.
Remember to resist the temptation to buy those big, luxurious, sporty cars. Focus on practical solutions that will minimize your ownership costs and meet your requirements for the years to come. Remember you are a student and the last thing you want is to raid funds meant for your college education to finance to foot car expenses. Big cars are fuel guzzling, more expensive to maintain, and come with higher insurance premiums.
Inspect before you buy
Whether you are out for a used Mitsubishi Outlander or a new Mitsubishi lancer, inspection is important. For a new car, a test-drive can confirm whether the car is new. For used cars, you should involve a professional mechanic. Check the car inside out and let your mechanic confirm the condition.
Have proper negotiation skills
After you identify the car you want, it is time to talk about the price. For a student, it is advisable to borrow money from a trusted friend within the family instead of seeking financing options from universal lenders. Such lenders require certain conditions that you may not be able to fulfill at your age. Remember you are a first-time buyer and it is not advisable to go alone to the negotiation table.
For details about new and used Mitsubishi cars in Brisbane, visit http://brisbanecitymitsubishi.com.au/new-cars