Cars are probably the second biggest purchase you’ll make in your life, after your home. And while to some extent it is an asset, it makes sense not to keep your car longer than four or five years, or even until its maintenance plan has lapsed.
Buying a car is an emotional purchase. It’s about how the car looks, how it feels, and most importantly, it is all about how the car makes you feel. The car you buy will most likely appeal to you depending on your buying motives. Are you buying your car for the right reasons? Will you have buyer’s remorse after a month or two?
If you are looking to buy an economical car to prepare yourself for the fuel price hike, fuel efficiency and economy will be your motive. Performance will play a role, as will the design of the car, but ultimately economy will win. This leads us to further options. For example, will the car have a diesel or petrol engine? Sure, diesel is similarly priced to petrol and yields more kilometers per litre, but the maintenance costs for a diesel powered car are, on average, quite a bit more expensive than a petrol engined car. If the manufacturer you are buying from has a maintenance plan, it won’t really matter until the maintenance plan is up. However, people’s situations could change and they may not be able to trade their car in before the maintenance plan lapses, leaving them with high maintenance bills for their car.
Younger people tend to go for cars that look good and get their pulses racing. These tend to be sports cars, coupes and cabriolets. Economy is not always a priority here, but Audi and most other vehicle manufacturers have built more fuel efficient engines and incorporated fuel saving technologies across the range of their vehicles to increase their efficiency. Performance, style and technology are the driving factors in the buying decision for young people, but the trend shows that economy still remains a concern.
Families tend to go for more spacious, safe, and comfortable cars. The family tends to travel together and space and safety are their top priorities, with economy and design coming close behind.
What do you want in a car? What catches your attention and makes you want that car more than anything? Is it the looks, the technology on the inside, the fuel economy, the performance or the safety?
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