Tips to save a car: Owning the first car: tips for buying and the right insurance | news

When you finally get your driver’s license and hold it in your hands, you often immediately think about buying your first car. However, there are many obstacles that can turn your first project car into a money hog. Having your first car not only means a lot of freedom, it also implies responsibility. However, if you keep a few tips and tricks in mind, many costs can be avoided in advance.

Choosing the right car

Even buying the car, you can do a lot of things wrong due to ignorance and cause unnecessary costs. It begins with the selection of the type of car. You need to take the time and treat it seriously and consider which car best fits the budget and meets the requirements of everyday life. Because the wrong car can cause a lot of money problems and worries. If you drive mainly in urban areas, you should opt for a small car with low fuel consumption. Preferably with a gasoline engine, because a diesel is not worth it for short city trips and can even be damaged by the many short distances. However, if you have to drive long and far, you should pay particular attention to maximum comfort and the lowest possible fuel consumption over long distances. These criteria are usually met by mid-range saloons or coupé variants derived from them.

Used car or new car?

Anyone who has been able to decide on one type of car is then faced with the question of whether to opt for a used car or a new one. The deals are tempting, because more and more car companies are explicitly targeting new drivers and undercutting each other with discounts. Of course, buying a new car has some advantages, because after all, a new car offers the possibility of configuring a car according to one’s wishes. However, the list of disadvantages and risks that can cause high costs is much longer. Because as a novice driver, you are more likely to be involved in an accident and bodily harm in general is more common. Also, when he decides to buy a new car, he is bound by a contract for a very long time and is required to pay the associated deduction. Anyone who decides to buy it should also keep in mind that the annual loss in value of the car is horrendous. All in all, a new car is more of a solution for novice drivers who don’t have to worry about money. Buying a used car, on the other hand, offers several advantages in terms of costs, because it is significantly cheaper to buy and therefore also offers the opportunity to get a higher class car for a lower price. Also, you have fewer problems if something happens again because you have made a comparatively low investment. And the lower cost commitment is also a big advantage of buying a used car.

the right insurance

As soon as you have decided on a car and made the purchase, there are other important steps to take: registration and insurance. In order to register a car, you need valid liability insurance. As a novice driver with a new car, it is advisable to take out fully comprehensive insurance, as this also applies if the damage occurs through your own fault. However, as a beginner, you automatically enter the SF-0 claims-free class and pay the highest contributions for auto insurance. The reason for this is statistical evidence that newer drivers typically do the most damage. If you want to save on insurance, you can get insurance through your parents first, or your parents can insure your first car as a second car. Road safety training, which is being offered more and more often, also means more savings. Because some insurers reduce the premium if the novice driver can demonstrate such training. Regardless of the savings options you use, you should first do a thorough auto insurance comparison before making a decision. Because by choosing an insurer wisely, you can save a few euros each year.

Redaction finance.net

Image sources: Alexander Chaikin / Shutterstock.com, inxti / Shutterstock.com

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