How to Get Your Dream Car: 7 Simple Tips & Goals - The Vehicle Broker

Buying your first car is an exciting rite of passage for many young men and women. It can signal the start of adulthood and doing things on your own.

You have just graduated from college, started a new job and now it is time to buy your first car. There are three ways to purchase a new car. That is paying cash, financing a car, or leasing a car. Car leasing companies have the benefit that you can drive a new car every 1 to 2 years, depending on your lease terms. Regardless of whether you purchase your car cash, use financing, or lease a car, you will need a good car insurance policy before you drive your new set of wheels off the showroom floor.

What steps should I follow when buying a new car?

We have compiled a list of the 7 best steps to follow when buying a new car:

Step #1: Create a budget

It is important to know how much you want to spend on a new car. This helps you decide which payment option to use. The three most common are cash purchase, financing, and leasing. If you are financing or leasing a car, you will make monthly payments. Be sure to factor in the cost of gas, insurance, and registration. If you are purchasing your car cash, there are sales taxes and registration fees that need to be covered.

Step #2: Think about what you need in a car

This is the time when you should focus on your needs and not your wants. While you might want a zippy sports car, a fuel-economic city car is the better option. We all have unique requirements that have an influence on the type of car we need.

Step #3: Decided what you want in a car

Things get interesting now as you can choose the styling, interior, technology, color, and comfort you want in a new car. Keep in mind that the fancier the bells and whistles, the higher the price or monthly repayment will be. 

Step #4: Choose your car

When you know what you can spend, your actual needs and what you want in a car, visit a dealership and test drive a few vehicles before making your final decision. Some people prefer to buy a car based on a positive experience they have had with a brand. 

Step #5: Get insurance quotes

The monthly cost of your insurance premium is based on things like your driving record, age, gender, and the type of car you drive. For example, a young single man would pay more for their car insurance than a middle-aged woman who lives in the suburbs. It is all based on risk.

Step #6: Get financing

Do your research on the financing options available and compare the costs of each line-by-line. Read the terms and conditions of each option and make sure you understand them. Choose the option that will save you the most money while allowing you to drive a new car.

Step #7: Negotiate and sign the paperwork

You can negotiate the terms of any contract. Look at the rebate options available and see if these can apply to your contract. Do not be afraid to ask for a discount. The worst that can happen is that they can say no.


While buying a new car is an exciting experience, it can quickly become overwhelming and stressful when faced with all the options, terms and conditions, and requirements. Take it one step at a time and make sure you have completed step one before you move on to step two, and so on. Reading reviews of car brands, car dealerships, and insurance companies might give you a better idea of who provides the best service.