Car buyers' guide

We'll talk you through buying your next car.

 

Your guide to buying a car

Whether you go for a set of wheels straight out of the showroom or prefer something already used, there are lots of things to think about when buying a new car. This handy guide can help you make the right choice before you get behind the wheel and avoid expensive mistakes later on. 

Simple questions to start

There are a few things to think about before you begin your search.

How much can I afford?

Find out what your monthly payments could be. Choose your finance amount, term and deposit. 

Car finance calculator

Which type of car finance would work best for me?

Not sure what your car finance options are? Read our helpful guides to learn more. 

Read our car finance guides

Do I want a new or second-hand car?

First, consider which type of car would suit your needs and budget. If you have a make and model in mind, start looking at what’s available. Do research on the car – see if you can find customer reviews on the car of your choice. 

Nearly-new car guide

Choosing your ideal car

You may already have an idea of what type of car you’d like to purchase. There’s still a lot to think about when choosing the right car. 

Here are some things you might want to consider: 

  • Car type - from saloon and hatchbacks to sport utility vehicles (SUVs), multi-purpose vehicles and four-wheel drives.
  • Fuel type - choose between traditional petrol and diesel or more sustainable electric and hybrid cars.
  • Transmission - manual, automatic or semi-automatic gear box.
  • Optional extras - including the car colour, trim and gadgets.

These are all down to personal choice, what’s available and the type of driving you do.

If you’re thinking about going electric for your next car, our handy guide will tell you everything you need to know, including the different types of electric cars available and battery charging information. 

How to check the car over

Before you purchase the car, there are some simple checks that you can carry out to make sure everything is in working order. 

Always take a test drive

  • Drive for at least half an hour on different types of roads.
  • Can you see all the dials clearly and reach the pedals in your normal driving position?
  • Park up and reverse somewhere to test how easy these are to do.

For used cars it’s worth making extra checks:

  • Check all the buttons and switches work.
  • Look out for warning lights coming on.
  • Listen out for squeaks, rattles and other noises.

Check the overall condition of the car

  • Used cars might have extra wear and tear on the engine, so give everything a thorough inspection.
  • Look carefully at the bodywork, tyres and windscreens.
  • Check the inside of the car for wear and tear on the seats and floor mats. 
  • Make sure the seatbelts work properly. 
  • Check the spare wheel is in good condition.

After the test drive

  • Check out the boot size and fold the seats down.
  • Ask to see how all the gadgets and electronics work.
  • Pop the bonnet open and look at how easy it is to top things up.

Most importantly, take your time and don’t be rushed into a decision.  Ask if you can go for another spin tomorrow or, ideally, if you can borrow the car overnight and see how you feel about it after that.

See your car finance options

Find out how to fund your next car purchase.

Let’s look at the details

  • It’s possible to bag yourself a bargain with a new or used car, but you need to do the legwork beforehand. Get as much information as you can about the car you’re looking to buy, and be ready to negotiate on things like price, warranties and what extras are included.

    Always start lower than you want to pay for your chosen car. Set a limit you won’t go over and stick to it no matter how much you like the vehicle. Always ask what else is included - free servicing, a tank of fuel and extended warranties are all extra things dealers might be happy to offer you.

    With used cars, you can also ask for MOT or service costs to be taken into account, as well as the price of sorting out any issues you might find. 

    1. Always ask to see paperwork for any vehicle to check the service history and whether there’s any manufacturer’s warranty left.
    2. On second-hand cars, make sure the V5C form matches the owner. You’ll also need to update this if you buy the car.
    3. Consider an HPI check to make sure there’s no outstanding finance on the car and to check it’s not stolen.  
    4. If you’re buying a new car, check it has all the handbooks, instruction manuals and sets of keys with it.
    5. Savings can sometimes be had on older models if a new shape or design of a particular car is about to come out.
    6. You might also be able to part-exchange your existing car, if you’re buying from a dealer.
    7. Take your time and be prepared to walk away if something’s not right. Never feel pressured or put on the spot by a salesperson.

Explore your options

We want to make sure you know about our other car options. Here’s one that might suit you.

Car insurance

Choose either Gold or Silver, both fully-comprehensive options, and get cover that’s easy to manage online.

Lloyds Bank Car Insurance is underwritten, arranged and administered by AXA Insurance UK Plc. 

Car insurance

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