Getting Down To Basics with Tips
Getting Yourself on the Road after College
You may have just completed your college education, and that means that you are now a grown up and ready for life. However, you may not be old enough to cater for all your needs and bear other responsibilities that adulthood comes with, but at least you are at a stage that you can be independent. Getting a car to drive over this period is one of the ways that you can enhance your freedom. By having a vehicle to drive after your college education, you attain mobility to move to anywhere that you wish and you do not have to scramble for space in public transport, and you can move to any part of the country to visit your friends. The challenge that you would face in purchasing your first car would be money because you may lack a stable source of income. This would be easy if you have a part time job to raise part of the money or if your parents are willing to assist you in financing the purchase. Before you get on the road, here are some considerations that you have to make.
Buying a vehicle – You need to own a vehicle to move you around. Purchasing a new car would be costly, and perhaps you may not have the money that is required so, you will have to think about purchasing used cars which are quite affordable. You need a simple car which would not frustrate you with high maintenance cost like the sophisticated vehicles. Get a car that uses little energy to move long distances thus economical to you. However, if you need an expensive and elegant vehicle, you can decide to source for financing. The best financing option should allow you to make favorable amounts of monthly payments so that you do not strain in paying the money. You can also resort to borrowing from parents and close relatives who may have lenient terms of payment as they understand your financial position.
Share a family member’s car – Your family might own more than one vehicle, and if your parents are comfortable with your idea of driving, you can request them to use one the cars. This option would be suitable for you when you cannot access any financing your family can allow you to drive one of the cars. You do not have to worry about the cost of purchasing a car because you have a ready one to move around and perfect your drive skills. All you have to do is cater for fuel and insurance expense which is quite manageable. Do not be blinded by this privilege and you should work on purchasing your car.
Insurance policy – An insurance cover is crucial when you are driving, and sometimes, you may not afford to pay the premiums. Therefore, it is advantageous to be added to your parents’ policy.
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