When looking to buy a car you
will have to consider the running costs, this is a concern as you will need to
pay continously for petrol and any other fixes that may occur with the car. You
will also have to pay for road tax, insurance on a regular bases, also M.O.T
and also servicing for the car. This can cost up to a lot of money and if you
look to sell the car in the future you will also have to take into account the
depreciation which can make you lose out on a percentage of what you paid on the
car originally.
Car insurance is another concern
for example if you have an accident on the road you may need to pay the excess,
but if you are third party then you will have to pay for damages which can be a
lot. If you have had an accident and claimed of the insurance then the premium
will increase and will have you paying more money you will also lose your no
claims discount which is vital to get insurance premiums lower.
Fuel consumption is a concern as
you will want to get a car which can do around 40 mpg which can save you money
compared to a 35mpg which over 10,000 miles will be £150. You will also have to
consider which is best either petrol or diesel.
