What to consider when buying your first car!

WHAT TO CONSIDER WHEN BUYING YOUR Gumtree FIRST CAR You're ready to buy your first car... but where do you start? Here's some advice to get you buying like a pro. It won't be cheap, though, so it's time to get saving... Should you buy a new or used car? Average car price 27°lo $5,000 spend under New: £28,973 Used: £9,376 40% 27% 13% 20% Bought used Bought new Other eg. Hire Car Don't have a licese The most popular cars for 18-25 year olds COST USED NEW £11,000 L10,650 £10,000 £9,960 £9,995 £9,000 £8,835 £8,000 £8,345 £7,915 £7,000 £6,000 £6,095 £5,890 £5,000 £5,040 £4,805 £4,000 £3,000 £2,000 £1,000 03 Fiat 500 Toyota Aygo Hyundai i10 Ford Fiesta W Polo YEAR 2009 MODEL YEAR 2009 YEAR 2008 YEAR 2009 YEAR 2009 What's the best colour to buy? WORST BEST for retaining value: for re-sale: 3 Fuel isn't cheap DIESEL for long journeys PETROL for short runs On average a person spends £840 a year on fuel Highest 138.9PPL Highest 142.8PPL Northern Ireland Northern Ireland Lowest 136.1PPL PETROL VS DIESEL Lowest 140.8PPL London Yorkshire *PPL = Pence Per Litre How much can you expect to spend on insurance? £2,960 is the average insurance price for a 9 17-20 year old What factors affect the cost of insurance? Driving Record Mileage driven each year Age (Driver & Car) Insured Location Model of car Top 5 cheapest used cars to insure Citroen C1 Nissan Pixo Toyota Aygo £4,700 £4,644 £5,299 Toyota Yaris Smart Fortwo £5,649 £5,999 *prices based on 3year old models Keeping it running Average car owner spends £472 a year Battery Problems £40-£70 Ignition System £102.19 Brake Issues £9 per wheel Oil Change £20-£75 Sensors £125.46 A few other things to consider. £227.50 Road Tax Roadside assistance member £64 Data Design http://www.thisismoney.co.uk/ http://www.which.co.uk/ http://www.moneysupermarket.com/ https://www.gov.uk http://www.theaa.com/ myclever agency Gumtree |II | | |