GoDubai
  
  
  
  
Citylife > Press Release
  Home Contact us Add to Favourites
Most Recent Postings
More Press Releses
Featured Sections

Event Finder
A daily roundup of exhibitions, promotions and other events in Dubai and the rest of the Emirates.
Submit an Event
Latest Dubai Press Releases >> Banking and Investments

 
  Share

Dubai, UAE, November 04, 2018:   Buying a new car is a significant step for all of us. Whether you dream of a reliable car for the whole family to enjoy, or adding a new premium model to your own collection, it brings a feeling of success and achievement when you get hold of the keys to your desired car.  

The perks of owning a car can come at a considerable price, which is why it requires planning and considering your financial situation before deciding on what type of car suits your needs and budget.

Here are five steps you can take to convert your dream into reality.

Stay Focused
It is important that you stay focused while entering your car-purchasing decision with a long-term view in mind. Wants and needs can and will come up – stay focused. Keep reminding yourself that you are saving for the down payment on your car, this will help you reach your goal as per your plan.  

Be patient and research thoroughly
Don't jump at the first sales offer. Take time to research and, in the process, learn more about what fulfils your dream car. You're going to want a car that matches your needs - What are its features? Does it suit your lifestyle? Is it within your budget? If the answers are anything less than a “yes,” it might be worth exploring further. Be patient and make sure you check out all the offers in the market before making your final decision.

Consider new vs. used
Once your research is complete, decide whether you will buy a new or used vehicle. Do you prefer the increased reliability of a new vehicle? Or would you rather go for a used vehicle – compromising on not fully knowing the condition and history of the vehicle. It is important that you get your car checked by an authorised agency in case you decide to buy a used vehicle.

Financial Planning
In the UAE, consumers can finance up to 80 per cent of the car value, which implies that a minimum of 20 per cent down payment will need to be made. The more down payment you can give the better. Making a larger down payment can help you qualify for a loan, get a better interest rate and have a lower monthly payment. 

After Sales Services
The cost of owning a car doesn't end with the actual purchase, so you need to manage your expenses in advance. You'll also be spending on petrol, parking fees, insurance premiums, maintenance costs, and occasional repairs. Once you own your car, a good idea is to set aside money each month for these recurring and miscellaneous costs.

Purchasing a car can be overwhelming but you can enter the process being informed about the details that go into buying a car and make it a pleasant experience. Do your homework well and it will help you in the long run resulting in a purchase with features you fancy and at a price you can afford



Posted by : GoDubai Editorial Team
Viewed 7296 times
Posted on : Sunday, November 4, 2018  
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of GoDubai.com.
Previous Story : Unilever MENA calls for collective action as it's revealed that 54% of consumers are keen to purchas...
Next Story : Oman Insurance Company signs up with Al Etihad Credit Bureau
Email this article Print this article

Share this article with your friends and followers
NewsVine

Comments

Back to Top  
Most Viewed Press Release posted in the last 7 days
Juliette has a gun's New Vanilla Vibes Perfume, a hymn to Adventure and Freedom,...
Ralph Lauren Unveils the Earth Polo, Made Completely From Recycled Materials
Celebrate with the new AIGNER Ramadan collection
The Beauty Oasis Spa Introduces ‘glowinface' - a First of Its Kind Facial Yoga T...
Get Instantly plump and luscious lips with Kocostar's Plump Lips Capsule Mask
Protect your little ones skin during summer time with Fifi & Friends
CLAUDE MONET Limited Edition Collection
UAE to spend AED 8.8 bn on personal care 2022 with 2.2% annual growth
Express Yourself With the New Scents of Life Fragrance Collection From the Body Shop
Seasonal Offers from THT to keep you Pampered to Perfection this Ramadan
Malabar Group Headquarters (M HQ) wins the Forbes India Design Awards 2019
Worldwide Distribution Center Showcasing Thousands of Health and Beauty Products...
Cerruti 1881 launches a splendid new collection for the festive season
Diva Abaya's Ramadan 2019 Collection - A fusion of tradition and fashion!
Exclusive Louboutin's for the Middle East
GUESS Partners with Model Roz To Unveil Its Beautiful New Ramadan Collection
CND™ Sweet Escape: The Collection Awaken the Senses
Brothers Claim Double Triumph in UAE Wakeboarding Championship
Three designer brands to launch exclusively at DIVAlicious 2019!
Tumi Introduces Alpha 3
One Giant Leap for Resolution: Samsung Announces Availability of the UAE's first...
OPPO unveils Reno Series with 10x Zoom and Pivot Rising Camera
Ramadan 2019 Listing | Manzil Downtown
Samana Developers launches Samana Hills in Arjan with 8 year payment plan
The essence Prep-list for a Regret-free Prom
Dubai Theme parks industry estimated to generate $ 5 billion in annual revenue b...
CND Essential Care Pens
Nazih Group Organizes a Special Gathering for its Industry Partners
Curtin University adds six new programs and rollouts expansion plans for their t...
Emirates Post Recognized for Outstanding Customer Services by Universal Postal U...
Discover Marks & Spencer's Dreamy Oud Collection this Ramadan
The UAE's Minister of Economy Welcomes Italy's Deputy Prime Minister During Ital...
New CND™ Vinylux™ Gel-Like Effect Top Coat
Premium Ramadan Treats from Marks & Spencer
Capture the Ramadan Spirit with Home and Soul Dubai
Marks & Spencer Launches its 2019 Ramadan Collection
Islamic Affairs and Charitable Activities Department announces the launch of the...
Joyalukkas announces ‘Gold Fortune' on the exclusive occasion of Akshaya Tritiya.
Dubai Police supports green vision with addition of 13 Renault ZOE electric cars...
Chloé Launches The New Spring/summer 2019 Advertising Campaign Featuring Two Ico...
Memento Mori- A Celebration of Life
Introducing Innovative Skincare Solutions from PMD Beauty
Glamorous Gilda for elegant lady
The Big Reveal: Inside the Coca-Cola Arena Dubai
IIHF Women's Challenge Cup of Asia 2019 kicks off this week
Repton Family of Schools Are Top Ranking in Khda Reports for 2018/2019
Win a new MG 6 or a AED30,000 makeover at Ibn Battuta Mall this Dubai Home Festival
Longchamp LGP a Very Modern Monogram
Jimmy Choo Presents a Limited Edition Eyewear Piece In Celebration of Ramadan
Network International Holdings plc