{"id":27116,"date":"2022-05-20T13:04:57","date_gmt":"2022-05-20T05:04:57","guid":{"rendered":"https:\/\/www.carsome.my\/news\/?p=27116"},"modified":"2022-06-30T16:02:37","modified_gmt":"2022-06-30T08:02:37","slug":"monthly-tips-promo","status":"publish","type":"post","link":"https:\/\/www.carsome.my\/news\/item\/monthly-tips-promo","title":{"rendered":"Should I Buy a Car Now? Here\u2019s What to Know Before Upgrading Your Ride"},"content":{"rendered":"

A car is a necessity for many Malaysians but with more people working from home, many find their cars remain parked and unused for days or sometimes even weeks at a time. If you\u2019re wondering \u201cshould I buy a car?\u201d, there are various factors to think about before taking the plunge. After all, owning a car is a big commitment and responsibility.\u00a0<\/span><\/p>\n

To help you decide if it\u2019s a good time to buy a car, here are some questions to think of before you decide.<\/span><\/p>\n

\"happy<\/p>\n

1. How Much Do You Commute for Work?<\/span><\/h2>\n

Most people spend most of their time on the road commuting to work or school. So when you ask yourself if you should buy a car, you should take into account how much time you spend commuting to work, and if you need a car for it.\u00a0<\/span><\/p>\n

You should also consider if there are alternatives that are more affordable and convenient. Do you live close to public transportation? Can you walk to your office or ride a bike? If you have other convenient alternatives, you might not need to invest in a new car. However, if you don\u2019t have access to other alternatives and travel to the office frequently, driving can save you a lot of time and effort.<\/span><\/p>\n

Read More:<\/b> How You Can Apply for a Pre-approved Loan<\/span><\/a><\/span><\/p>\n

2. Do You Travel Long Distance?<\/span><\/h2>\n

Another question to ponder before deciding if it\u2019s a good time to buy a car now is whether or not you regularly travel long distances. If you enjoy regular road trips on the weekend, have to travel outstation for work, or even travel interstate to visit your hometown, it\u2019s a good idea to own a good car.<\/span><\/p>\n

While transport options for long-distance traveling are plenty, it can be taxing especially if you do it regularly. Plus, if you travel with your family and friends, the cost of buying individual tickets can climb quite fast.\u00a0<\/span><\/p>\n

That said, traveling long distances can quickly increase the mileage on your car and accelerate its wear and tear, leading to a higher chance of parts failing. If you travel frequently, consider investing in a quality car. Besides getting a brand new car, you can also consider getting a used car in good condition and low mileage.<\/span><\/p>\n

Read More: <\/b>DIY Tips to Improve Your Car\u2019s Resale Value<\/span><\/a><\/span><\/p>\n

3. Do You Drive Other People Around?<\/span><\/h2>\n

It\u2019s easy to rely on public transport if you live alone and don\u2019t travel that often. However, commuting and traveling can get tricky if you have multiple people in your household. If you need to send your kids to school or a childcare center or even go grocery shopping with the family, driving is a more comfortable and convenient option. If you\u2019ve been wondering \u2018should I buy a car now?\u2019 consider the needs of your family or better yet, have a talk and decide with them.<\/span><\/p>\n

4. Can You Afford the Costs of Owning a Car?<\/span><\/h2>\n

Before deciding if you should buy or upgrade your car, you should first know if you can afford it. Other than the upfront downpayment cost and monthly <\/span>car loan<\/span><\/a>, there are also the fuel, maintenance, insurance, and road tax cost to consider. As a rule of thumb, it\u2019s recommended to spend 15 percent of your income on transportation to avoid burdening yourself financially.<\/span><\/p>\n

5. Do You Have a Car? What Is Its Condition?<\/span><\/h2>\n

If you already have a car, you may be considering selling it because you don\u2019t need it anymore or because you\u2019re looking to upgrade. However, before <\/span>selling your car<\/span><\/a>, think about these points:<\/span><\/p>\n