Aside from owning a home, car ownership is a rite of passage for adults. Owning a car is a worthwhile investment. Not only does it make your transportation more effortless, but also you can use your vehicle for business such as taxi services. like Uber. Then there’s the sheer joy of driving a luxury car.
Related: Five of the top luxury two-door sports coupes out there for around $100k
The durability of your vehicle relies on how well you maintain it. Unfortunately, most driving schools will not teach the fundamentals of car purchase and care. What are some of the essential tips you should know as a first-time car owner?
Luxury car: Budgeting
A car purchase can be expensive. You may need to gather enough savings to make your first purchase and also plan well. An alternative would be taking out a loan to help finance your car. However, these are not the only costs you should consider. For starters, you should consider the cost of gas and insurance cover. And if you are buying the car from another region, and are looking at car shipping, research everything that goes into that beforehand.
As you shop for your car, you should set a budget that considers these secondary costs, especially for Ferrari buyers. For instance, you can consider purchasing a hybrid since they use less fuel per mile than conventional fuel-powered vehicles.
Secure all documents
As a new car owner, you need to secure all your documents used in the transaction properly. For example, if you decide to ship a car direct, you need to have the vehicle’s logbook, the MOT certificate and the bill of sale. These documents are essential in proving ownership of the car. They also come in handy when purchasing an insurance policy.
All vehicles come with a manual. If your car does not have one, you can easily download it from the internet. You should always keep documents such as insurance and registration in the vehicle.
Check oil
After a stipulated time, you will have to take your car for servicing. Basic servicing involves changing the air filters and adding more engine oil. However, before this, you should be able to check your car’s oil level.
The car manual can give you an idea of where you can get the dipstick and how to check the level. It is best to do this exercise in the morning before you drive or when the car is cool.
Assemble the necessary kits
A new car comes with additional essential items such as a first aid kit, a fire extinguisher and a spare tire. If you bought a used car, some of these items might be missing. It is best to assemble such items. They come in handy in case of an emergency.
You can add more essential items such as a flashlight, umbrella, trash can and a list of emergency contacts.
Luxury car: Find a reliable mechanic
As a novice car owner, you may not know about car maintenance. This is why it is essential to find a reputable and reliable mechanic. In addition, it is best to consider one who is flexible enough to make house calls.
It is also best to stick to one mechanic who fully understands your car functioning.
Conclusion
These few tips will help you enjoy your first car and steer clear of potential issues. However, it would be best always to drive safe and buckle up while at it.
I am a 50-something Torontonian who loves everything about my city. It’s been my home, my playground, for my entire life. I went to school here. I met my wife here. I own real estate here. I love writing about the transformation of my city on the world stage, which hasn’t been anything short of dramatic. That continues on, as I write this. I write on the real estate scene. I write on travel and fashion. I like following the world of luxury watches.
But I love writing about cars – check that, luxury cars, a level of superior, engineering sophistication, high performance and style, that transports you not just from one destination to another but also out of whatever you are going through on a particular day, whatever mood you are in, all to another head space. It’s complete and total exhilaration, head to toe.
Check out my stories, and email me direct at mkeast@regardingluxury.com
