Cheap Car Finance, Kedron.
I am listing some information to consider when buying a new or used Car, Bike or Boat. These are the out of pocket expenses that you may or may not come across. At cheap car finance businesses like our own, we can assist with some places to do the research.
Fuel consumption is a major factor to consider when you are considering buying a vehicle. It’s a real cost to you – day to day. Your car needs fuel and there is a cost associated with this. Fuel consumption is great if the cost is low and not good if you are churning through plenty of petrol.
Cost for replacement parts
Most vehicles will need replacement car parts in their life span. Even the most durable model and make would need spare parts from time to time. Service items like spark plugs, windshield wiper blades, brake pads, and oil filters need replacing every 6 months or 10000K’s. Some manufacturers have fixed price servicing however some dealers try to over sell what you really require so always be careful.
Car, Bike or Boat Reliability
Some cars are essentially more reliable than others. This usually depends on the model and manufacturer, so it’s important that you do your research. Don’t forget to look into its warranty and extended coverage (if any). You’ll need them since even durable cars break down. AWN is an Australian Warranty Network company that you would feel safe with buying one of their extended warranty products.
Car Bike and Boat Repairs
Interestingly, Car Bike and Boat repairs can be considered an additional factor from spare parts, especially for later car models. However, you might spend more if you bring a later model to a mechanic after its warranty ends since not all garages have the appropriate equipment to maintain them. Mechanics who are ahead of the competition and are equipped with more modern up to date equipment could be more expensive.
Car Bike and Boat Insurance
There’s a simple fact with insurance costs: the higher the price of the car, the more expensive the premiums. Since a more expensive car would cost more to repair, the insurance company would naturally spend more in case of a claim – thus the pricier insurance. You’ll have to determine whether you’ll save more in the long run with a slightly more expensive car with lower insurance premiums.
The real Resale value
If looking at the depreciation of a car to see where your resale will be in 4 or 5 years, there are several factors that affect this, including the car’s colour, fuel prices – Petrol or diesel, upgrades, condition (better maintained cars have better value) are just a few . Do some research on carsales.com.au or boatsales.com.au and plot a graph to see which have performed the best. Some cars are essentially more reliable than others. This usually depends on the model and manufacturer, so it’s important that you do your research. Don’t forget to look into its warranty and extended coverage.
For Cheap car Finance, call Aussie Loans on 1300 256 267.