Choosing the right car is a huge decision. Aside from a house purchase, getting a car is the second biggest purchase you can make. With the plethora of options available to you, it can be very overwhelming. As a car finance expert, Marsh Finance has listed the main things to consider when choosing the right car for you.

Consider your budget

Setting a budget is the most important step in the car-buying process. Establishing a budget will narrow your search criteria and form the foundations of your car-buying experience. We recommend you consider all costs associated with the car, not just the sale price (maintenance, insurance, fuel costs).

Determine what your needs are

Alongside budget, this step is essential before you start car browsing. Are you looking for a family car? Are you looking for a car just for commuting to work? Or are you looking for a sporty, fun car? These are just three examples of the numerous questions you must answer to determine the type of car you want. These questions will influence the range you are looking for and the potential engine size

Research different models

Research different car makes and models to find the ones that fit your needs and budget. Consider things like safety ratings, fuel efficiency, and reliability. Many customers dream of specific makes, and if you are one of those people, do not settle for anything less than your dream car

An areal shot of cars in a car park

New vs used cars

Consider the pros and cons of buying a new or used car. New cars offer the latest technology and a warranty. However, used vehicles may be more affordable, have lower resale depreciation and have lower insurance rates. If you want to be the first to drive your vehicle, you are likely never to go for a used car. Either way, the decision must be made and can affect the overall price. Here at Marsh Finance, we offer finance on used vehicles. If you are interested in applying for finance with us, click here.

Choose your preferred fuel type

Choosing the best fuel type for a car in the UK can be daunting, with various options available. Petrol, diesel, electric and hybrid cars are the most common fuel types. When choosing, several factors should be considered, including the car’s fuel efficiency, the distance one intends to cover, and the fuel price. Petrol cars are the most common, and their fuel prices are lower compared to diesel. However, diesel cars are more fuel-efficient but have higher emissions, which negatively affect the environment. Hybrid cars are fuel-efficient and have low emissions, while electric cars are environmentally friendly but require charging infrastructure.

A small red toy car sits on top of coins ascending from left to right, with blurred greenery in the background.

Car ownership vs finance

Deciding how you will pay for the car is essential in buying. At Marsh Finance, we offer two types of finance agreements; hire purchase (HP) and personal contract purchase (PCP). If you are interested in learning more about each, click here and visit our homepage.

A group of cars lined up one after the other, outside.

Look at every detail of your car

Now you are at a point where you have chosen your make, the type of agreement you are entering into, the budget, and you are ready to see the car in person. As a car finance provider, Marsh Finance strongly advises visiting the showroom to see your vehicle in person. This allows you to feel the car and sit in it. At this point, you will get a feeling as to whether it is the car for you. During the showroom experience, don’t be afraid to ask questions about the vehicle; has it been in any accidents? Is there any damage? What does the dealer think about the car? These are just some questions you can ask to better understand the vehicle you may be purchasing. As part of this step, we recommend test-driving the car. Before making a decision, test drive the vehicle to get a feel for how it handles and ensure it is comfortable for you. A car could look perfect on the surface, but when you drive it, it just does not feel right. Test driving the car is one of the most significant steps in the car purchasing process, as this is the first time you get to feel the car moving.

Look for incentives

Check for any incentives or special offers from the dealership or manufacturer that can help reduce the cost of the car. At the point of sale, dealers may offer promotions. This could potentially save you money on the sale price or reduce future maintenance costs.

Person smiling and putting his thumb up whilst sat in his car


The car buying process will challenge you, but if done right it will be an enjoyable experience. By employing our tips, your car purchasing journey will be smoother and more manageable whilst ensuring you get a good deal on your dream car.

Are you interested in car finance? Marsh Finance values the journey our customers go on and has taken steps to simplify the journey to create a seamless application and decision process. Marsh Finance’s easy-to-use application form and finance calculator allow you to start your journey quickly – and applying will not impact your credit score. Contact us if you would like to learn more about how we can help your car financing process.

Representative Example

Rates from 12.9%

Representative example: borrowing £10,000 over 60 Months with a representative of 23.0% APR, an annual interest rate of 23.0% (fixed) and a deposit of £0.00, the amount payable would be 59 repayments of £269.58 per month, with one final repayment of £279.58 (which includes the option to purchase fee of £10.00), with a total cost of credit of £6,184.80 and a total amount payable of £16,184.80. Marsh Finance Limited are a lender, not a broker. 

Marsh Finance Limited are a lender, not a broker.

This is for illustrative purposes only and is not a quote or an offer of finance.