Auto Express reports that new Car registrations increased by 27.5% in January 2022 compared with last year's exact month. Admittedly, cars are not the first things that come to mind when people think about giving gifts. Nevertheless, it may make sense to assist or Surprise a loved one with a new Vehicle sooner or later. However, there are numerous factors to consider when purchasing a vehicle as a gift - take a look at the list below.

1. Consider buying used instead of new

It is estimated that over 7.5 million used cars will be sold in the UK in 2021. These cars are popular alternatives for many, and they are worth considering for various reasons. For example, you will spend less money at a used car dealership than at a new dealership. Used cars are cheaper than their newer counterparts, so it makes sense to consider them to save money since vehicles are generally costly. Besides, used cars are less expensive to insure and are often as durable as their newer counterparts.

2. Select a car your recipient will like

People fancy different cars for various reasons ranging from personal preferences to practicality. As such, it is vital to purchase an appropriate vehicle your recipient will love. You can achieve this by shopping with their needs and preferences in mind instead of yours. For starters, casually engage them in conversations regarding the type of cars they prefer. It would help to nudge them to divulge as much helpful information as possible regarding their preferred makes and models, vehicle size, colour, and features. 

Additionally, consider needs when shopping for a car as a git. For instance, purchasing a car with family-friendly features for parents makes sense. Likewise, a safe vehicle is worth purchasing over flashier models when car shopping for teenagers. 

3. Let your dealer in on the surprise

It is common knowledge that surprise gifts work best when all parties with foreknowledge coordinate effectively. Consequently, the worst thing you can do is not tell your dealer about your intentions to surprise your loved one when purchasing a car as a gift. Your dealer can unintentionally alert the recipient and give away your plan if you don't inform them. Therefore, tell them about your plans to surprise your loved one with a new car for the best results. Also, your dealer might be more willing to accommodate concerns about financing paperwork and registration if they know about the surprise. For instance, you may delay finalising the purchase until after you have surprised the recipient. 

4. Know your financing options

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You need to pay for the car before gifting it as the gift-giver. Consequently, consult your local lenders, banks, and dealership to compare interest rates and other options before signing any deal. Also, discuss all available funding options to find the right fit for your timeline and budget. However, remember that your recipient will need to cover maintenance, insurance, and continuous registration over time.