Should You Buy A New Car If You’re A Brand New Driver?

It can be tempting to choose to buy a new car over a second-hand car as a new driver. After all, it’s your first car, and you want to be able to get around in the best way possible. But buying a newer model can come with a higher purchase cost, and as such, it may feel too expensive.

Comparing the cost of buying a new car as a new, inexperienced driver can actually be the best option for you in the future. As with anything, there are pros and cons to buying a new car over a used car and vice versa.

Better Financing Options

When choosing a newer model or brand new car as a new driver, it can be the case that your line of credit is in a much better position to allow you to take advantage of better auto loan rates. Personal car loans are dependent on your circumstances and your credit score, and as such, you may be in a better position to get great rates to fund your new car.

Lower Running Costs

Older cars typically need more repairs. Due to outage, wear and tear, and how the previous driver drove and cared for the car, buying a second-hand car could land you in the red when it comes to forking out for costly repairs and maintenance. This is definitely an option to consider when buying your first car. Newer cars will likely come with better guarantees and will require fewer repairs for the first few years it is on the road.

For new drivers, this can take a weight off your mind when driving around as you can relax knowing your car is in great condition and unlikely to break down on you.

Energy Efficient

Newer cars are better for the environment, and as such, it can be cheaper overall to run a newer car over an old gas-guzzling model. If you are concerned about your impact on the environment or want a low-maintenance car, then a newer model could be a better option for you financially and worth the extra investment.

Safety Features

Any number of things can go wrong with a car, and being on the road can put you in harm’s way in more ways than one. Newer cars are equipped with better specifications and higher standards of safety features as opposed to older models. As road safety features advance, so do the standard options your car can come with. 

Drive-in confidence, knowing that the worst happens and you do have an accident, your car is safer, and you will have more protection.

It is important to weigh up your options as a new driver when considering buying a brand new car. The initial cost and loan amounts associated with buying a new car can be costly. However, many benefits can justify the cost, and purchasing a new car is the best option for you as a new driver.