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Here’s why Your car is Costing you so Much

This post may contain affiliate links

I’m in the market for a car. I need an upgrade on the one that I have. But I really don’t want one that is going to cost me too much. I’ve literally sat down, done my investigations, and come up with all the reasons that a car can become too costly. These are the things I will pay particular attention to. By the way, yes, my ‘new’ car will be a brand new second-hand. I want to save as much as I can and I know it is possible.

These are some simple but surprising reasons why your car is costing you so much. Number 3 and 4 are surprising and we are all, mostly guilty. Take steps now to reduce your costs.

Cars are expensive, right? Not only do they cost a fortune to buy in the first place, but there are always ongoing expenses that you need to be able to afford. If your money runs out and you can no longer afford to maintain your car and its related costs, then you are going to have to give up your four wheels.

These are some simple but surprising reasons why your car is costing you so much. Number 3 and 4 are surprising and we are all, mostly guilty. Take steps now to reduce your costs.


Thankfully, though, it doesn’t always have to be like that. There are a few ways you can bring down the overall cost of your auto. First of all, though, you need to realize why your set of wheels is costing you too much. Here are a few reasons why that might be.

 

Expensive Insurance

 

One of the main expenses that all drivers complain about has to be the car insurance. This is a legal obligation and you won’t be able to do without it, I’m afraid. But there are ways you can try and find cheap policies. First of all, it’s necessary to shop around. Different providers will quote you different prices, so get quotes from a few different ones before you decide on which one to go with. When the time comes to replace your current car, you should also consider finding one that has a small engine as these are often the cheapest kind of car to insure.

These are some simple but surprising reasons why your car is costing you so much. Number 3 and 4 are surprising and we are all, mostly guilty. Take steps now to reduce your costs.

Costly Road Tax

 

The type of car you choose will also depend on how much road tax you need to pay. Generally speaking, cars that are not particularly eco-friendly will be required to pay a high rate of tax. So, when you are looking for a new vehicle, make sure that you try and go for one that is environmentally friendly.


You’re Still Trying To Pay For It

 

I’ve already mentioned that the main cost of a car is buying it in the first place. Going for the one you can’t afford will leave you with a lot of finance to pay off, and that could easily spiral into large amounts of debt. One way around this is to lease instead of buying outright. When you go with a leasing company like ICL, you won’t be expected to pay for it all in one go before you take it home. You get to pay over the course of a few months in smaller monthly instalments that will be a lot easier to manage.

 

These are some simple but surprising reasons why your car is costing you so much. Number 3 and 4 are surprising and we are all, mostly guilty. Take steps now to reduce your costs.

You’re Driving Too Fast

 

Did you know that you use a lot more petrol if you drive very fast? It’s true! If you are always forcing your car to go at its top speeds, you will find that you need to top up the tank a lot more often compared to driving at a much more gentler speed. So, if possible, you should always stick to the speed limits on the roads. This isn’t just for your own safety, as it can also save you a lot of money as well!

These are some simple but surprising reasons why your car is costing you so much. Number 3 and 4 are surprising and we are all, mostly guilty. Take steps now to reduce your costs.

Carrying Around too Much Weight

I’ve always heard that you shouldn’t have too much weight, especially in the trunk (boot) of your car. It causes the car to burn more petrol! Did you know that one? I was shocked when I learnt this and quickly cleaned out all the junk I had been driving around with. Most of it was really useless but was costing me a lot of money. I really noticed that I didn’t need to refuel so often, saving me a bag of money. You should really try to make some savings this way and keep your budget in check.

These are some simple but surprising reasons why your car is costing you so much. Number 3 and 4 are surprising and we are all, mostly guilty. Take steps now to reduce your costs.

Related Post

Frugal tips for maintaining your car

I finally did it! (got over a certain driving fear. Funny, but don’t laugh)

Once you follow the above tips, you’ll find that owning a car doesn’t have to be so expensive! Can you think of any other reasons why cars are costing us so much? We would love to hear your thoughts. Share in the comments below and we will amend the post!

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Comments

  1. Naomi says

    March 27, 2018 at 8:52 pm

    Great post! I passed my test last year. I still havent got a car yet, the thought of the cost of car insurance is so off putting!

    Reply
    • Joleisa says

      March 30, 2018 at 6:14 pm

      As a new driver, it is something that you just have to deal with. Congrats by the way, and I hope you get driving your own car soon. You can shop around online for the best deal. Usually comparison websites are good at this.

      Reply
  2. Chloe Minette says

    March 28, 2018 at 3:19 pm

    Couldn’t agree more!

    Reply
  3. WOF inspections says

    July 28, 2018 at 12:21 pm

    There are numerous of reason why your car is costing you too much but most amongst of them are, Insurance is the biggest expenses for your car as it varies from company to company and second is road tax whenever you travel from one part to another you will be charged some road tax though it depends on how your vehicles is echo friendly or not if it is not then you have to pay higher tax.

    Reply
  4. Best Car Shelters says

    August 23, 2018 at 8:11 am

    Wow! This could be one particular of the most helpful blogs We’ve ever arrive across on this subject. Basically Excellent. I’m also an expert in this topic therefore I can understand your effort.

    Reply
    • Joleisa says

      August 23, 2018 at 9:13 am

      Great! Did you find anything that needed more info? If so, how about submitting a guest post?
      In any case, thanks for stopping by.

      Reply

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Hey guys and gals!

Hi, we're Jo and Leisa, twin sisters and authors of Joleisa.com. Originally from the sandy beaches of Jamaica we now reside in England where we followed our calling to teach. But sometimes that call changes and our new passion is writing. We're here to give the ups and downs of it all with our lifestyle tips and tricks to help you avoid the sour lemons that can get in our way of frugal budgeting, intentional living and happiness. Join us and learn more about how we found the simplest ways to achieve easy living. Read More…

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