Driving A Car Has Never Been More Expensive
If you drive a car you probably know only too well that you spend a large chunk of your wages on your car. It isn't something you can really avoid, since you have to have a car for so many different reasons. But what if we were able to make some savings? Let's think for a moment about how many things we need to buy when we are car drivers:
- Buying your car. You get interest free credit, you don't have to pay a penny for six months, it all seems so great and so cheap when we buy a car. It is only later one when we have to start making the payments on our cars that we start to realize what we are really spending.
- Gas. Gas prices have more than doubled in the last six or seven years. This is much much higher than the rate of inflation, and our wages have not gone up anywhere near as fast! Why has this big rise in gas prices happened? There are dozens of factors, but some of the biggest are the lack of new oil fields being found, the increase in demand for fuel from Western countries and (particularly) developing nations like China and India, and also the bad relations with some of th major oil producing nations like Russia and Venezuela. All of these have pushed prices of gas through the roof.
- Maintenance and repairs. You will have to get work done at least once a year, and it isn't cheap.
- Insurance. Even if you are a very safe driver who observes laws and doesn't get in accidents, you have to have car insurance. You can make a saving however if you look into short term car insurance or young driver car insurance. These will keep money in your pocket.