Does age matter when buying a car?
My grandma is looking for a new car. Based on her age, is there a particular type of car she should get? Does age matter when purchasing a car?
“Buying a new car isn’t dependent on age. The only reason why your grandma’s age would matter is for loans and car insurance. Older people have more established credit history and driving records, so they will likely get more favorable rates with companies.
That said, your Nana cruising up and down the street in a Ferrari may not be the best choice. That’s not to say she shouldn’t do it if she can afford it and she can handle the power. But for most elderly people (depending on age and driving experience), safety and practicality are perhaps the two best attributes to consider.
Budget is also an important factor, as it determines which vehicles she should test drive or eliminate from consideration. If she knows how much she wants to spend, she should inform dealerships when shopping around. They can find vehicles that match her needs as well as budget.
And if she’s on a budget, remember to help her look at car insurance policies. With the Jerry app, you and grandma can compare rates from dozens of car insurance providers to find the best rate to fit her budget.”
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