THE DOS AND DON’TS Buying a car can be stressful.Whether you’re a young professional seeking your first car or a family looking to replace an old vehicle, finding an economical option that doesn’t compromise on quality is essential. There’s a lot of choice, possibly too much of it, and there are many factors which can add to your anxiety.This month, we have a special feature on economy motoring in the Kingdom and below, Kristian Harrison discusses the do’s and don’ts for buying a car on a budget. Do: Determine Your Budget The first step in buying a car on a budget is knowing how much you can afford to spend. This doesn’t just mean the sticker price of the car, but also the associated costs, such as insurance, registration, maintenance and fuel. Setting a clear budget will prevent you from overspending and help you focus on options within your financial reach. It’s advisable to consider your monthly income and expenses to determine a realistic budget. Remember to leave room for unexpected costs that may arise post-purchase, like repairs or upgrades. Don’t: Rush the Decision Buying a car is a significant investment, so it’s important not to rush the decision. Take your time to research different models, compare prices and consider the longterm costs associated with each option. It’s easy to get excited about the first car that catches your eye, but patience can save you from making a hasty decision that you might regret later. Visit multiple dealerships, ask for test drives and read reviews to ensure that you are making an informed choice. motoring Bahrainthismonth.com 34 September 2024 of Buying a Car on a Budget
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