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Cost_of_Buying_a_New_Car

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									Title:
Cost of Buying a New Car


Word Count:
439


Summary:
One of life’s joys is buying a new car. The excitement of looking through those glossy brochures, choosing
the brand, model, colour, plus the features is incredible. Ask most men and I’m sure they’ll tell you it’s one
of the things they enjoy most in the world.



Keywords:
Car loan, loans, tax, purchases, financing, cost, credit, fees, insurance



Article Body:
One of life’s joys is buying a new car. The excitement of looking through those glossy brochures, choosing
the brand, model, colour, plus the features is incredible. Ask most men and I’m sure they’ll tell you it’s one
of the things they enjoy most in the world. And these days, with women reported to be involved in over 80%
of all new car purchases, women are getting hooked fast on the pleasure of buying a new car.


However, if there is one thing that can detract from the enjoyment of buying a new car, it is the finances of
the whole deal. This is not just speaking about the price of the new car, although this can be considerable.
There is also the issue of all the hidden, and not so hidden extras that you have to pay for. For example,
before you finalise the price of the car, you have to find out what features come as standard, and if you want
to have any additional features, be they for safety, power, style or any other reason, you have to make sure
that you calculate the extra cost of them into the price of the car.


Then, added to this is the delivery cost if there is one. Plus any other hidden dealer fees for whatever reason.
Then you have to deal with financing charges. You may be one of the lucky people who can pay outright for
their car, but most people will be using some style of financial product to cover the purchase price of the car.
Either they’ll be leasing it from the dealer, or they’ll be relying on the dealer’s financing offers, or maybe
you will have arranged a separate loan from your bank or other lender. <b>Frequently there will be
associated costs with the financing package and they should not be overlooked when calculating the cost of
the car.</b>


Add to this the cost of road tax. Road tax is calculated based on the size of the engine of the car. Then you
will also need insurance. You should make sure you shop around and get the best possible price for your car
insurance. You can choose between different levels of coverage depending on whether you want your own
car to be covered or just third parties.
By the time you have added all of these extra expenses on to the purchase price of the vehicle you will be
closer to knowing the true cost of the car. Make sure you can afford this figure and your car buying
experience will be far more enjoyable.




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