The buying a car It is usually the second most significant expense in a person’s life, in the case of choosing to buy a home. Although the truth is that, be it a new car, a zero kilometer or a second hand; It is often forgotten that there is more money outlay after buying it. Let’s start to analize all extra expenses what is behind a car and what should be taken into account from the beginning so that there are no surprises.
car purchase
The first expense is the purchase of the car. If we finance it, you will have to add to the original cost of the vehicle the costs of that financing, but sometimes it pays to finance it (especially if you need the car soon and you don’t have money at that time). In any case, there are websites that work with different banks and savings banks and that obtain financing under very advantageous conditions.
Car insurance
Then we all know the obligation to insure our vehicle, at least, on the responsibility for damages to third parties. The price of the annual insurance fee will increase if we ensure the integrity of our vehicle, if we improve roadside assistance, the management of fines or if we want the compensation to be the best possible.
Car maintenance
Periodically, our car needs periodic reviews, normally by number of kilometers or per year. It is usually every 15,000 kilometers, although there are cars that have it at 20,000.
Its price varies if we do it in a Official technical service or in a neighborhood workshop. The official technical services, having the backing of the best knowledge of our car, seem the most indicated for this purpose, and even more so with automated diagnostic systems, although their prices are usually higher than that of multi-brand workshops. , for example.
car taxes
The Town Council of the town passes us annually a circulation tax. This depending on the power of our vehicle and the municipality of residence. There are usually significant differences from one municipality to another and from cities to small towns, although the factor “power of our vehicle” is the greatest determinant to know the amount of the tax.
We can have our car Stored in a garage or garage private or communal, owned or rented. Depending on these factors, the expense must also be taken into account, on a monthly or annual basis. If the garage or garage is ours, for the street access to it another municipal tax is paid.
possible repairs
Other expenses, let’s say, unforeseen or unscheduled, can be the ORA if we move to another location or to our own. Another unforeseen expense is the non-maintenance repairs, whether they are “sheet metal and paint” or mechanical, where it will be important to take into account whether or not we have them provided for in our insurance coverage.
fines
It is convenient not to forget the feared fineswhose claim may be among our insurance coverage (which does not ensure its cancellation, of course) and that should not be overlooked.
Fuel/Refill
Whether diesel or gasoline, the fuel tank usually empties faster than we would like and requires a periodic refueling. With equal power, the purchase of diesel is usually more expensive, although emissions must be taken into account to see its impact on the registration tax. As a general rule, if you do less than 15,000 kilometers per year it seems that the gasoline engine may require less maintenance and less purchase expense. We have written a fairly detailed article about it.
It is also important to remember the significant depreciation of the vehicle from the moment it is registered at the dealership and you must take it into account when you intend to sell the second-hand vehicle. Diesel cars resist the effects of obsolescence better than gasoline cars, for example, but we wrote a post about this some time ago that you should also read.
