Tips to Consider When buying your First Car

The line for a taxi in Addis Abeba can be very exhausting. Are you tired of taxing the taxi and your planning on buying a car? Consider these tips before buying a car. Some people may find the idea of buying a new car overwhelming. If you buy a car, you invest a lot of money and everybody has to make sure that they tick all the checklists of what to think before buying.  Let it be for your company, son’s birthday gift or for yourself. here are some tips to keep in mind before you take the plunge 

Residual Value

The residual value is an important tip to consider for those who are planning to buy a car.  Residual value is what your car worths as it gets older in time. if you’re buying a used car or on sales, these incentives could cause a vehicle’s value to depreciate faster. On the other hand, if your buying best-selling cars can also depreciate quickly in value if there are too many of them on the market. so it pays to do some research and determine which cars have strong resale values. In the long run, this move might save you thousands.

Financing and budgeting 

It nice to want the finer things in life, however, you have to select a car that is budget-friendly. Before visiting any car shop it’s always best to have a sense of what your budget is and to stick within your budget. if you’re going to pay in cash. great! However, You can look for different financing options such as bank when you are researching car loan rates. 

Cost of Ownership

Another point to consider is the cost of ownership of a car. The price of insurance, fuel, and maintenance can add up over the years. Car expenses shouldn’t total more than 15% to 20% of your total monthly budget. Calculating the total cost of owning your car — or one you might buy soon — is the best way to make sure your auto budget is in line.

Auto parts 

You also need to think about whether you can easily access auto parts as needed when you buy a car. Finding auto parts for a car is not quite easy in Ethiopia. For car owners in Ethiopia, we are an auto parts sellers company in Ethiopia to assist you with auto parts required for a brand new or used cars. you need to make sure how auto parts friendly is a car your purchasing, so you won’t struggle if your car runs into a problem.

Request a Pre-purchase Inspection

Our last tip for today’s blog, it’s not so obvious for some people, it’s an inspection. Before you made any payment, it’s important that you have a mechanic to take a look at any problems. some car dealers in Ethiopia have their own mechanic to perform these tasks for you but if not you must find one and ensure there’s no fault with the car.

Drive safe and smart by taking care of your car, we are auto parts seller company based in Ethiopia, Addis Abeba. if your looking for auto parts for your car please contact us and we will get back to you.