You finally tied the knot. A few months after, you had your first little angel. Today, two years later, you are now expecting another kid. Before you know it, you’ll need to drive your kids to school before heading to work. Your family is growing! Have you considered upsizing your family car?
A Mazda Miata MX-5 RF may be a hot ride, but when you have a family of four that may not be very practical.
When we buy a vehicle, we have different preferences. We decide based on the color, shape, the brand, whether you have leather or suede seats; it is highly personal. But when you factor in your family, all that can change.
Other than your home, your car can be the second ‘space’ you share with your family. If you make sure your home is safe for your family, the family car deserves the same treatment.
All cars have safety features. All manufacturers boast about their top-of-the-line new safety feature. With an array of cars to check out, it’d be hard to know where to begin.
There’s a way to make that search easier. With the ANCAP Safety Rating, you’ll have detailed information about the car’s safety and durability in case of untoward incidents.
Size does matter! We’re not just referring to the car size but the budget size, too.
It is not easy to allocate your income so that no one in the family is left with anything less than they need. Squeeze in buying a new family car, that could be a headache.
The best way to go with it is to set a budget. Establish how much you can afford and then search for a car that fits the budget. Preparing a budget means going through all your expenses and see where you can save from. This isn’t the cheeriest of ideas, but you’ll thank yourself you did.
The next step is looking for an affordable car loan. Unless you can pay the car with straight cash, tapping of auto financing can be a big help. There are many affordable vehicle loans today, both for new and used units.
It helps if you divide the cost of the family car into affordable monthly payments. Just like any loan, you will need to qualify for an auto loan. Once a lender approves your application, you’ll get the loan principal payable over the given loan term, with interest.
Car dealers, banks, lending institutions and online lenders offer this type of loan. It is best that you also shop for an auto loan to be aware of the interest rates and payment agreements.
You will need more room in your car than you realize. It’s not just for your spouse and the kids, it’s also for the many big caboodles of stuff you need to take with you. Think about the strollers, the kids’ luggage, the big gym bags, toy bags, you name it.
For your loved ones, you need more seat space. For their other love (for sports, shopping or the arts), you have to have a bigger boot space to accommodate them all. I guess it is now time to ditch the hatchback for an SUV.
We all have beautiful memories of our family cars.
If cars could speak, they’d retell us much of our live’s ups and downs. Now that you’re having your own growing family, it is now time to have your own family car as well. These tips can help you find the perfect automobile. Now, take on that new journey to familyhood.