If you are a car enthusiast, you may find yourself with two separate lists. One for the cars that you can realistically afford, and one for the cars of your dreams. You might find yourself fantasizing about the day when you can finally progress to the second list. Well, that day doesn’t have to be in the distant future. In fact, there might be a way for you to afford your dream car right now! Below are four clever ways to finance the car you’ve always wanted, but never thought you could have.
Save money each month
You may have given up on ever being able to access the lump sum of money required to by a car. Before you write it off as a pipe dream, consider starting to save money each month. Once you begin you might find it is easier than you thought. Set yourself a clear goal and a specific amount of time in which you want to reach it. Motivate yourself by reminding yourself of exactly what you’re working towards, and just how much you’ll enjoy your dream car once you have it. Every time you are reluctant to make a sacrifice, just ask: is this worth missing out on the car of my dreams? If the answer is no, you’ll have reached your goal before you know it!
Find a great deal
Often drivers on a budget sacrifice the appearance of their car to reduce the price. For example, it might be the case that you can’t afford a Mini at market price, but you could maybe buy a used one. Check what different garages are offering, for good deals on used vehicles with low mileages check-out Mini Edinburgh, for example. You might even be able to trade in your old model and nock the price down even more.
When purchasing a new car, it is important to factor in fuel costs and how many miles to gallon your model is. You can significantly reduce this figure if you work on driving more economically. Make sure your car is as light as possible, that you don’t have a bike rack, you don’t drive with the windows down, and that you drive at the best speed for gas consumption. Starting a car share collective is another great way to save money, as you can save on gas or get other people to contribute towards wear and tear.
Be clever about your insurance
Finding the best deal on your car insurance could save you thousands! Visit as many comparison sites as possible to make sure that you aren’t missing out on a great deal. Think about what you have to offer as a driver and try to find the insurance provider that is looking for people exactly like you. For instance, if you are an incredibly safe driver, black box insurance policies are your perfect option. With this kind of policy, your responsibility on the road will help to save you money.