Are you in the market for some new wheels? It's an exciting time. There's nothing quite like the feeling of jumping in your brand new car for the first time. That fresh car smell. The 0 on the odometer. The sound of the engine as you ignite it for the very first time. For most people, this is the second biggest purchase they'll make in life, next to their home.
So let's say you're interested in buying an SUV. As one of the most popular types of cars on the market these days, you're spoiled for choice. There are a few things you need to consider when narrowing down your decision. Let's explore some sporty secrets and learn about the how, what and why of buying an SUV today.
The How?
First, we'll share about the how – how will you buy your SUV?
What's Your Budget?
The first step to buying an SUV is being able to afford it. The sort of car you end up with will depend on how much you have saved in the bank – if you have enough money saved up, you can afford to buy a car outright. SUVs vary in price depending on the make and model, so begin to research different vehicles, and you should gain a solid understanding of the pricing structure.
If you don't have the outright cost saved up, that's fine. You can put what savings you do have towards a deposit for a loan. Depending on both the bank and the dealership, this amount will vary. Some banks even offer no deposit loans, providing you put the car up as security. It’s worth exploring different lenders. You want a reasonable interest rate, which will impact the amount of interest you have to pay via your repayments.
If you're struggling to afford a new car, it's worth learning some saving tips to get you on your way.
The What?
This is pretty self-explanatory – what is an SUV?
SUV stands for “sports utility vehicle“. They are types of cars that combine features of standard road passenger cars with off-road models. For example, a standard SUV might have five seats, increased ground clearance and all-wheel drive. Larger models tend to have seven seats, even more ground clearance, and features like snorkels and bull bars.
The Why?
Why should you buy an SUV? There are a few reasons which we'll detail below.
More Power
Due to their larger engines, these types of vehicles generally have more torque, or driving power, than smaller sedans or hatchbacks. More torque makes them capable of towing larger objects like trailers, caravans or even boats. This tends to suit individual lifestyles, particularly those who enjoy the great outdoors.
More Storage
SUVs have more storage capacity than smaller vehicles. You'll find they have more boot space and generally more room in the cabin for both the driver and passengers. They also can come equipped with roof rails or racks, which means you can put a storage pod, bike rails or other storage solutions on top.
An SUV Sum Up
In this article, we've outlined the how, the what and the why of buying an SUV. You need to get your finances sorted before any car purchase, including considering a loan, secured or unsecured. As mentioned above, an SUV is a specific type of car that is larger than sedans and hatchbacks, and has more power and towing capacity than other vehicles. Finally, you'll benefit from more storage room if you choose an SUV. May you have the best of luck during your SUV purchasing journey.
