So you’re about to have your first beautiful bundle of joy — Congratulations! And welcome to a few years of non-stop nursery rhymes, baby feeding every 3 hours, and figuring out what each little coo and cry means. Despite the fact that these are going to be some challenging times, you’re going to love every minute of every day of it. These are the times when you think two to a hundred times before you make little decisions like disposable nappies or reusable cloth ones; or even big ones like which car is best for my family? As a smart, responsible parent, you know that safety is non-negotiable. But you also know that price is a big factor on whether or not you will purchase. So where do you go from here? How do you balance car safety, affordability, and accessibility in your first family car?
If you can’t pay for a reliable car with cash, get car financing
Wherever you are in the world, times (and finances) are hard. Let’s be real, out of all of you reading this, probably less than 10% will be able to pay for a vehicle in cash straight up. Getting a car with a loan or lease is the easiest way to still get a reliable vehicle without having to take a chunk of your life savings, or completely restrict your cash flow every month. If you’re in the US, Bank of America gives out loans pretty easily, the UK has Auto Trader, and our Australian friends down under and have Alpha Finance for car leasing. The truth is, going with a reputable bank, lending company, or auto finance gives you the best chances of getting car lease with good vehicles and repayment structures you can actually afford.
If you have to choose, choose comfort before style
I’m sorry to have to break it to you, but it’s time to bin that teenage dream of being that cool family driving around in a sports car. Especially in the earlier stages, it’s just not going to happen. Can you imagine having to latch a baby seat in a two-seater, lowered sports car, or the nightmare of figuring out where to put all the emergency nappies, toys, stroller, snacks, baby wipes, bottles, and so many other baby essentials?
The good news is that with the newer car models, you don’t need to completely forgo style for practicality. You may not get the vehicle of your teenage dreams, but you can still get a fairly stylish vehicle that offers enough room for baby essentials, strollers, and groceries, as well as all the safety features necessary for a family car. From roomy sedans like Mazda6 and Kia Optima, to SUVs like the Hyundai ix35 and Santa Fe, to eight seaters like the Hyundai Imax and Kia Carnival, you have a myriad of family friendly cars to choose from. It’s all a matter of doing your due diligence, and speaking with your can finance representative to help you figure out which car would be best for you.
Make sure that your maintenance and insurance is covered
The better maintained your vehicle, the less you’ll need to spend on repairs. It’s not enough to just buy a car, but preparing with insurance and maintenance packages saves you the headache of setting your own reminders to have your new car serviced, or dealing with extra expenses in case of any accidents. If you’re lucky, your lending institution, car finance company, or bank would have maintenance and insurance add-ons for cheaper prices. That’ll definitely make payments easier. Taking global warming into consideration, you might want to check out natural disaster premiums with your insurance as well.