car insurance singapore

New Baby, New Car – What to Look for

Sure, you have your car insurance Singapore policy in place. Now you are getting ready to buy a new car, but you just had a baby. So, this means your needs have likely changed. You need more room, you need more safety features, you want something that will help minimize the impact, in the event you are in an accident. So, how do you go about choosing a new car today? What is it you should be looking for if you are getting ready to buy, and you do have a newborn that needs to be in the car? Consider these factors.

Time –

How much time are you really going to be in the car? How much are you on the road and how long do you plan on driving at any given time? All of this will help you in choosing a vehicle. Not only so you can find one that is comfortable if you are going to be in it for hours at a time, but also to ensure you find one that is safe for you if you are in it for longer periods of time. Due to the nature of things, with a new child you need to find ways in which you can increase the safety when driving. So, taking the time to look for a vehicle which is going to make driving safer, all while making it more comfortable, is a great way to go about the buying process as you are preparing to invest in a new car.

Model choice for your new vehicle –

 

A mini coupe might look cooler than a minivan but is it really going to suffice with a newborn? Probably not. You will have to think of this. How are you going to fit the car seat in? How will things feel if you are squished up at the dash and have a huge baby chair behind you? When the time comes to buy, the model you are going to buy is going to differ if you are single, or if you are a new parent and in need of more room. So, go for spacey, go for larger, and go for a model which is going to provide the sufficient space for your new baby, as well as for all the baggage which comes along with being a new parent. And, you probably already know, that this is going to require plenty of room in the car, and nearly anything else you plan on buying for your new family.

PARF or COE –

A COE model is generally going to cost more and when being registered, this is also going to take more time. You have to know what you are dealing with, the benefits of each, and how you are going to use your vehicle as a new parent. When the time comes for you to choose a car, not only is the model and features something you have to take into account, you also have to know what you are dealing with for registration, costs, and any and all other details which do go in to being a new car owner. And yes, there are plenty of things you will have to consider as you are deciding on the right vehicle to bring home when the time comes, if you are a new parent and are in need of larger, and more comfort.

Payment –

Yes, you are actually going to have to pay for the car so what are the options you have in front of you? Can you finance and if so for how long? What are the monthly payments going to look like for a COE or a PARE? Do you know what you will be paying in terms of interest rates when the time comes for you to choose a financing company to go with. You will have to learn the details, you are going to have to take your time to compare things, and it is best if you go with a reputable company when the time comes for you to finance. If you are ready to buy a car in Singapore you already know it is not going to be cheap. But, you can minimize the burden on a month to month basis if you do know which financing company to go with, and which ones are going to offer you the best repayment term and lowest rates, when the time comes for you to choose the new vehicle you are going to take home as a new parent.

Insurance –

You must have car insurance Singapore in order to drive; and, there are quite a few policy and insurance companies you can go through when the time comes to choose a policy premium. So, which one is the right one and which one is going to ensure you have the highest level of coverage if you are in a wreck? The way to find this is for you to compare; not only do you want to consider the price as you are comparing, you will also have to account for what you are paying for. Do you have more coverage so you are paying more or is one company going to pay out on premiums faster than others? You have to know what you are dealing with and what goes into choosing a policy. So, before you buy, make sure you take the time to see the top insurers out there for your auto premium rates.
You know there are many things to think about with a new baby and a new car is just one more of those things to add to the list. But, if you know what to look for, you will find it is not going to be a huge burden when the time comes to buy your new car. So, when you are ready to buy, and are considering a few different options for the new car you are going to invest in, these are some of the factors which will help you go through the decision making process.