By Samuel Ng
To buy a new car is always a major investment that should merit serious financial consideration, especially if it’s your first time. We can all be somewhat idealistic when thinking of driving around in our dream set of wheels. But one really has to face the reality that a vehicle is a very big purchase. So don’t just go to the showroom or walk into that car dealership blindly.
Make sure you’ve done your research and thought out in terms of dollars and cents just how much you can afford to buy a new car. Your cost should include the downpayment and monthly installments, COE, insurance, road tax, maintenance and petrol costs.
From there you can strike off certain models and, having narrowed down your search, you can now deduce which car best suits your needs and fits well within your budget.
Read more on tips on how to buy a car.
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