what do i need to consider if I am buying a car? UK only please. car itself, insurance, parking permit?????

Question

MOT, tax? passed last year April.

Answer 1

It depends on how much you want to spend. For the sake of argument, I'm going to assume you've never run a car before and that you'll be starting motoring at the lower end of the market.

First, you need to consider the insurance. This can be a great big bite out of your budget. So you need to get on the phone (maybe you can do this online now) and have a fish about to see what cars are going to be the cheapest to ensure. As I recall, a big car with a small engine works best. You're looking for your first car to be something pretty gutless. It will also mean you get cheaper road tax.

Opt for a diesel. These are pretty forgiving, happier in heavy traffic and give better fuel oeconomy. Provided you keep your oil-changes up to date, a reasonably modern diesel (last ten to fifteen years) should be good for a couple of hundred thousand miles. That doesn't mean the rest of the car will be, though.

It's a good plan to go for something pretty ordinary, for the sake of getting parts. Have a look at what the taxi and minicab drivers are driving. They need bits and pieces all the time, so you can be sure they're not driving Alfa Romeos.

When you get right down to the bottom of what a car is worth, it's about its ability to take you where you want to go for the remaining period of its MoT. It might never get another, after all. When a car gets to about 14 years old, the car itself is worth nothing. A full MoT is worth about £300, and this diminishes to zero as it runs out. The good news about these cars is that you don't need to concern yourself about fully comprehensive insurance, as if you get into a prang, you scrap it.

Once you've got all that together, you can get your tax, and if you need a parking permit for where you live, one of those too. Don't forget the cost of fuel and basic maintenance.

Answer 2

My husband and that i haven't owned a vehicle for the time of our entire marriage ... we've been jointly over 11 years, and we actually do no longer want a vehicle in any respect, now ... we take the bus in the city, we take the practice to different cities, we take a cab from the food market each and every 2 to 4 weeks (basically one way, to get the groceries abode) ... particular, we'd desire to deal with to pay for a vehicle and the gas, yet we don't want to pollute the air, and now that gas costs are so intense, we are very happy we've not owned a vehicle. i might want to have a horse or donkey, yet we live in the city, and we've an open carport for our house construction, so i think of it would be merciless to maintain an animal there on account that we'd basically use it as quickly as each and every 2 weeks or so. do no longer basically PARK the 'van' yet think of approximately paying for a smaller vehicle, a hybrid or biodiesel vehicle or basically taking the bus and utilising a cab once you do your vast grocery procuring.

Answer 3

Price of petrol, repairs, tax, mot, insurance, parking tickets, possible speeding fines, permits, parking meter charges, road tolls, cost of car seats 4 kids if applicable....list is endless. have given up my car as fed up with gordon brown swiping all my cash!!

Answer 4

Re- register the car in your name! A license to drive might be a good thing, also you will need petrol in the car!

Answer 5

all of those things....

also consider fuel consumption these days and the fact that we are all going to have to pay a lot more in future for fossil fuel powered vehicles, so tax may go up even more than it already has.

I am trying to downsize because of that.

Answer 6

You can be rest assured owning a car will keep you poor