With 2024 underway, your plans for the year will be well on their way towards taking shape. You’ll likely have an array of personal resolutions, like getting fitter or visiting new places, and you might have some financial goals such as saving more or buying a home. Another common financial goal we see firsthand at Intelligent Vehicle Finance is the desire to kick off the New Year with a new car.
Whether you’ve been putting off changing your vehicle or just think it’s the right time for a change, the start of the year naturally feels like a great time to bite the bullet and get a new car. However, the fresh start is just one of many reasons why a new car for 2024 could be a good idea and we’ve compiled 7 reasons why now is the perfect opportunity to unlock the advantages of driving something new.
While fuel prices in the UK began to decrease towards the end of 2023, there’s no escaping the fact that most households are continuing to experience the pinch of the cost of living crisis. Anything you can do to reduce the amount of your monthly budget spent on fuel will always be welcome, but the problem might be more to do with your car itself rather than your filling habits and frequency. New cars are becoming increasingly fuel-efficient, particularly as the inclusion of hybrid or all-electric technology starts to completely transform the way we power our engines. Getting a new car in 2024 could therefore provide the gateway to some much-needed savings at the pump.
Of course, it’s not just your pocket that will welcome any decision to get a new car in 2024. If you are to embrace electric technology with your next vehicle upgrade, the planet will be thankful too. We are getting ever closer to the UK government’s ban on new petrol and diesel vehicles in 2035 and therefore most manufacturers now offer a fully electric range. Gone are the days of limited choice in the electric space (you can even get an electric Lotus!) so 2024 could be the perfect excuse to finally tick off two goals and not only get a new car but also get an electric one.
The safety of you and other drivers should always be one of your main priorities. If you are concerned about the safety of your current vehicle, you shouldn’t be driving it and now really is the best time to get a new car. As well as reducing the risks that come from the presence of natural wear and tear over time, the newest models are also more likely to be kitted out with features designed to provide you with peace of mind for you and your loved ones on every journey. Get a new car in 2024 and you could benefit from collision avoidance technology, lane and pedestrian detection and improved airbag designs.
Things can still go wrong with new cars, but if the unfortunate does happen then you have more reassurance in comparison to having a similar problem with a vehicle you’ve had for some time. Whereas a problem with your current vehicle could easily leave you out of pocket, technical faults should be covered by a warranty. It’s also always worth speaking to your lease deal provider to see if a maintenance and serving package can be included in your deal to give you greater certainty of expenses that you might incur over the course of the calendar year.
It can be hard to justify getting a new car to upgrade your driver experience alone, but the importance of having a vehicle you actually enjoy driving should not be overlooked. Upgrading to a new car can help you to transform your daily commute into a genuinely enjoyable experience as the features included to enhance the overall experience are constantly improving in new cars. Think advanced infotainment systems, adaptive cruise control, as well as more responsive steering designed to bring comfort and convenience to the very fore.
For many of us, staying connected while on the move is an absolute necessity and therefore the connectivity features of cars have gone from 0 to 100 in recent years. While many new vehicles are kitted out with seamless smartphone integration through systems like Apple CarPlay, vehicles just a little older often have next to none of this technology. This means that enhanced connectivity is an increasingly compelling reason to get a new car, with growing numbers of drivers wanting and needing to stay informed while travelling.
Value For Money
As we have touched upon, improved fuel efficiency can be a significant financial benefit of getting a new car. This is just one aspect of a wider reason to get a new car: value for money. Many drivers completely overlook the idea of getting a new vehicle due to the high cost of purchasing outright; however, modern lease deals allow you to access models that might otherwise be unattainable and can therefore make getting your dream vehicle more realistic than you might think. Leasing spreads out the cost of the vehicle over the course of fixed and agreed monthly payments, with different types of lease available depending on what you want to happen to the car at the end of the fixed term.
If you are interested in exploring the possibility of getting a new car in 2024, make sure you speak to the expert team at Intelligent Vehicle Finance. We offer a huge range of the best lease deals for all manufacturers and models. Get in touch today to start upgrading your driving experience this year.