How To Reduce Cost On a Car
Cars are useful and necessary for life, although there are many other types of transport such as motorbikes, bicycles or other types of public transport such as buses and subways, they cannot be obscured the importance and convenience of cars. Who wants a free car? Everyone, of course. But it's actually not so feasible, you will be really shocked to know the exact number you have to spend after buying a car. According to vehicle evaluation website Kelley Blue Book, the worthwhile cost you have to spend on a new car is more than $ 35,000 in 2018. In addition, you also need nearly $ 9,000 per year for other maintenance costs. such as maintenance, fuel, parking, furniture, and associated costs. Of course, this would be a luxury car. Really expensive, right? But don't worry, we are here to help you minimize costs and maximize savings while still making you the car you want. Want to know how?
Know your budget
Of course, the first thing you need to do is consider how much money you have. Buying a car is really not as simple as buying a snack. You should carefully consider your salary with your financial ability. To do this, look at your payroll, subtract your daily living expenses and see if you can pay extra car surcharges. For example, if you can only pay for a car that costs $ 400 per month, you should not be eager to buy a car that costs $ 700 per month. Indeed, careful calculation of financial security will help you a lot in the future as well as balance your life. If calculated properly, you can also have plenty and save some more!
Be clear of what you need and what you want
We understand that every time you buy a new car, you want the best, most modern and comfortable for your baby. But with a limited amount of money, how can you buy it all? This is a lesson related to priority. You should consider and consider carefully what your car really needs and what you want. The last thing that comes to mind above all is whether or not your car is safe for you. If a car that looks good on the outside, flashy and always shiny but doesn't give you a sense of security when sitting in it is really sad, but also costly. If you buy a car, at least you should care about your safety first. Buying a car and decorating it with the best and most modern is everyone wants, but in the end, it is just a tool to protect your health and safety.
Don’t forget about additional expenses
Don't forget, the money you have to spend to buy a new car is just the initial cost for a car only. To 'raise' a car, you need other accompanying costs such as fuel, parking costs, insurance, maintenance,... Not to mention if you accidentally get an accident, the repair cost is also costly. Again, we advise you to consider and calculate carefully to save money in the long run. Please refer to the following fuel-efficient cars with us on this list.
Save for a down payment
Once you have carefully considered the salary and expenses that you have to pay, it is time to choose a suitable car. Whether you buy a new or used car, the shopkeeper will ask you to pay a certain amount upfront. Then, you can take a loan from the bank or somewhere else to pay off your remaining expenses and do this monthly to pay off the loan. Let us help ease your worries about this matter with the best discount codes, promotion codes, voucher and coupon codes for you. There are so many people who are extremely attracted and eager to buy the car they want that they rush to buy it right before they have enough savings to deposit it. That is a really stupid and foolish act. You know, if you do that, it means you have to borrow more to pay the fees later, the interest on those loans will be very large because they are added together. After all, you may end up to sell the car as soon as you buy it because you can't afford it.
Establish a realistic timeline
To see how much savings you need to pay for a car, you can take the total value of the car you want to buy and multiply it by 20%. This number will tell you how much 20% of your total car will cost, so you will have a specific number to plan for your savings. Once you have a specific number, you can start looking at your budget and working out how to save it. If you can shell out 500 bucks a month then you can have your car in less than a year. If you can only save 100 dollars, you should rethink the value of the car you want to buy and switch it to a cheaper one.
Save up your savings
So how can you always keep your car savings without spending it or spending it on anything else? After you have some savings, you can feed the pig, but I advise against it because chances are you will take it out and use it for other things as well. Instead, why don't you deposit money in the bank and wait, you might get a little commission from it too. What a perfect way to save money!