Like millions of motorists out there, I absolutely love driving. However, the one thing I don’t love is seeing such a large percentage of my monthly pay packet going towards the cost of being on the road.
I can’t be the only driver that’s ever made an active effort to lower those expenses. After a long journey, I’ve found that, while you can’t avoid the cost of driving altogether, it can be achieved. Hopefully, my experience can help you do the same.
The first aspect you need to consider is the car itself. Buying a vehicle is one of the most expensive financial commitments that anybody ever makes. In fact, it’s perhaps second only to our homes. Therefore, it’s imperative to get it right. And I think the best option is to buy a nearly new vehicle instead of a new one.
We all know that new cars lose a lot of value as soon as they leave the forecourt. Therefore, taking this option feels a little like financial suicide. Admittedly, that feeling of driving away in a vehicle that no one else has driven is great. But you can put a price on those few days of joy, and it doesn’t equate to the amount of money you’ll lose through depreciation.
On the other hand, you don’t want to buy a car that needs lots of regular repair work. Opting for a relatively new motor with a full service history has to be considered the safest bet.
Aside from buying the car, your biggest motoring expense is insurance. Thankfully, buying used will work in your favour. However, it’s still vital that you understand the different types of cover available as well as the various companies. In previous generations, you’d need to do this research yourself. Nowadays, though, a price comparison website can do the donkey work for you. Visit Comparaencasa.com for more information.
With the car and insurance arranged in an economic manner, you’ll already be on the right road to success. Nonetheless, your bid to save money shouldn’t end there. Improving the car’s performance should be close to the top of your agenda at all times. It doesn’t matter if you’ve had it for five minutes or five years, making those improvements will save you money in the long-run. More importantly, they’ll make the vehicle safer and more enjoyable to drive.
Regular affection like checking the oil and water levels will keep the car in great general health. You can also improve your drive and your safety by changing the tyres or fixing faults with the vehicle. It might cost you a little money now, but it will be a great investment long-term. Who knows, it could even save your life.
While buying the right car to start with is a must, you shouldn’t underestimate the importance of improving the car’s lifespan. After all, if you can make three cars last the same length of time as five, you’ll be able to drive better motors and save money in the process.
Another option to replacing the car completely is to get a new body kit. This Prior Design kit for the BMW M6 is a great example of how you can enhance your car’s appearance. This will make it feel like you’re driving an entirely new motor, without the need for buying one. They can still cost a fair bit of money. But it’s cheaper than a new one, especially when reaching the more expensive models. This form of upgrade is also the perfect way to extend the lifespan of your vehicle while also giving it a unique aesthetic that is guaranteed to get the desired impact.
Aside from making improvements to the car, you can also upgrade the way you drive. You’d be surprised by how much money you’re currently wasting simply due to your habits in the vehicle. This could be down to the way you physically drive. Or it might be a case of not wasting as much energy while sat in the cockpit. Maybe you’re simply carrying too much weight in the boot. Either way, making those changes will soon save you a significant amount of money.
Finally, if you stop driving like an idiot, you’ll be less likely to gain speeding fines and other similar expenses.
Essentially, the answer to the title question is no. Driving doesn’t have to be as expensive as you might first fear. You can lower those long-term costs while still enjoying the life of motoring. Ultimately, like anything in life, it boils down to making the right choices.
As long as you take careful consideration about your future choices, you should be just fine.