Connect with us


How Not To Break The Bank When Saving For Your Next Car

How Not To Break The Bank When Saving For Your Next Car

When investing in your next car, it’s easy to get caught up in the hype surrounding exciting technological developments and flash new models. Yet, while the shining car industry still booms in a world defined by climate change, that doesn’t make the dent in your pocket any less daunting when you eventually hand over your money. Understandably, for many people it’s a big step to take. Other monetary commitments can get in the way of you having your dream car, and you can end up compromising where you shouldn’t have to. Luckily, there are a few foolproof tactics you can follow which will help you save money in finding the perfect car.

Think long-term

It’s all well and good bagging a cheap car when you buy it, but insurance costs and fuel-guzzling cars can wreak havoc on your bank account. Make sure you research how many miles to the gallon your preferred car will use. The higher the number, the more efficient it will be, and the less you’ll have to top up gas. You will also be doing your bit to help the planet this way, too.

If you’re not as fussed about what make or model you end up with, it’s always a good idea to go for a car that doesn’t require a high insurance bill. Financial helpers have found that smaller cars have significantly lower insurance costs. However, if you need a family car, or just want more space, there are a whole host of insurance deals out there which will help you save some extra cash.

Go second hand

Switching from buying new to buying used cars can be a great cost-effective venture to consider. If you go with a reliable and fairly priced retailer such as Autotrader, you can be assured you’ll find good quality, low priced cars. With years of testimonials backing it, the number of used cars for sale has skyrocketed, meaning there are even more for you to choose from than ever before.

From vintage cars to modern cast-offs, the used car industry boasts an unbeatable variety to choose from. Often, car showrooms won’t feature models over a couple years old, which can lead to people missing out on cars they’ve been dreaming of. Hope is not lost there, however. In fact, the renowned financial section of Time states that there are lots of models in used car retailers that are pretty much brand new. In most cases, this isn’t a rarity. This means that there is usually one that can fit everyone’s brief. Not only this, but heavy quality checks mean that you won’t have to worry about safety, longevity, or hidden costs in the future.

Don’t rush to buy

Most importantly, don’t rush to buy straight away. The temptation can be high when you see a car that impacts you on first glance, but you will almost definitely end up paying full price if you buy fresh off the production line. A car’s value goes down within the first year of its release, which means you can spend an extra year saving as the price depletes. Not only this, but as most of its value depreciates during this time, you can rest easy knowing you won’t get it much cheaper once you’ve bought it.

Continue Reading

Recent Posts

Business2 days ago

Why Is Quantity Surveying Essential in Construction Industry

Quantity surveying is an essential part of the Australian construction industry. It is the process of calculating and estimating the...

Home Improvement4 days ago

How to Maintain Upholstered Furniture

No matter if you have pets or kids, maintaining your upholstered furniture is quite a challenge. Even though vacuuming it...

Business1 week ago

How Do I Find a Good Developer?

Finding a good bubble developer to help build your app or digital product can seem challenging. How can you choose...

Home Improvement2 weeks ago

When is a right time for home repairs?

Summer is a popular time for a renovation around the globe. While it is true that bright days and warm...

Top Alteryx Competitors Top Alteryx Competitors
Tech3 weeks ago

Top 15 Alteryx Competitors

The world has seen a tremendous rise in startups and new incorporations in the business world. Companies have great potential...

Lifestyle1 month ago

Latest Wedding Trends for 2023

If you’re planning on getting married this year, chances are you’re probably overwhelmed and confused when it comes to wedding...

Lifestyle1 month ago

Tips To Make The Most Of Your City Break In London!

London is one of the best cities in the world, known for its quintessentially British culture, great nightlife, fantastic museums...

General1 month ago

The Ultimate Guide To Packing For A Trip To London

London is one of the best cities in the world, known for it’s rich history, quintessentially British culture, the best...

Tech2 months ago

Top 15 Web Development IDEs

The web development field has seen sustainable growth throughout the years. As technology is advancing, so is the web development...

devops devops
Tech2 months ago

12 Key DevOps Programming Languages to Still Popular in 2022

“DevOps is not a goal, but a never-ending process of continual improvement.” – Jez Humble Delivering the finest of services...

Entertainment2 months ago

Festival Fashion Style Tips For 2022

Summer is well and truly here and with that comes the festival season! From the biggest stars performing on stage...

Green & Energy2 months ago

4 Tips For Making Your Wardrobe More Sustainable

Everyone is trying to make more of an effort to make their wardrobe more sustainable, but often are unsure where...

General3 months ago

7 tips on how to organize a budget-friendly move

If you are planning a move any time soon, you might be worried about all the expenses that wait for...

Metal Roof Colors Metal Roof Colors
Home Improvement3 months ago

Metal Roof Colors: How to Select the Best Color for a New Roof

Choosing the right type of material for your roof is enough of a hassle already that the question of choosing...

Health3 months ago

Simple Ways To Feel More Confident At The Gym

If you are new to the gym, or you haven’t been in a while, sometimes you might not feel completely...