3 Simple Ways To Cut Your Monthly Car Expenses

Budgeting is difficult and even if you’re sensible with your money and you don’t waste it on things that you don’t need, the essential costs can still be hard to manage. The cost of owning a car is one thing that people struggle with a lot because they can’t do without it, but they end up spending a big portion of their budget on it each month. If you find that you are struggling to cover the cost of your car each month, these are some of the best ways to make savings. 

Buy A Used Car 
Buying a new car is one of those expenses that you can’t avoid, but it’s hard to find the money. Most people aren’t lucky enough to be able to afford to pay for it all upfront so you will have to look at financing options. If you buy a brand new car, the monthly payments could be well outside your budget, so why not go for a used car instead? A lot of people avoid used cars because they think that they’re unreliable and more expensive in the long run, but that isn't always true. If you get something reliable, like Jaguar approved used cars from a reputable dealer, you shouldn’t have any problems. But if you go to a dishonest dealer, that’s when you’re likely to get ripped off and end up with a car that breaks down all the time. As long as you do your research and check the car over properly before buying it, a used car will be fine. I bought our car used and it's been great!

Keep Up With Maintenance
Car repairs are one of those unexpected expenses that can land you in some serious financial trouble. When the car breaks down out of nowhere, you will need to come up with the money to get it fixed, whether you can afford it or not. Sometimes, you can’t avoid this, but a lot of the time, breakdowns happen because you are not keeping up with maintenance. If you check the manual for the car, there will be a maintenance schedule that tells you how often to change the oil and other fluids, inflate the tires, and get it checked by a mechanic. If you notice any small issues with the car, don’t ignore them and hope they will go away because they won’t. They’ll turn into bigger, more expensive problems so it’s cheaper to get it fixed straight away. 

Drive Less
The simplest way to save money on fuel and reduce the chances of breakdowns is to use the car less. We all need to use our cars for some things, but there are also times when we drive out of convenience. If you can find ways to drive less like walking or cycling instead, you will save a lot of money on car costs. It’s also a lot better for your health and for the environment, so it’s a good change to make. 

Cutting back on your monthly car costs will make a big difference to your budget and it will make it so much easier to manage your finances.

*collaborative post*