In this day and age cars are a necessity in everyone’s life, if you are relying on public transport then you should expect being late to anywhere you go. People these days want to have extravagant cars to drive around in and they end up causing a fortune.
But is it really worth buying a new car these days? Let us see the reason why I do not really like this.
1. Newer models of vehicles have been made not to last, so that after a few years you will need to go out and buy a new one.
2. Even if a car was built to last in this day and age people just travel so much and they would probably do 100k miles in 3 years or less.
3. Service parts for your car that will end up causing a fortune.
I think back to when I first got my drivers licence, it was an amazing time, but I was driving a car that had been built in 1985 and done a huge amount of miles but never let me down. Nowadays I definatley like to purchase newer cars, but the annoying thing about them is that they are always breaking.
Folk like to own cars on finance because they cannot afford to pay a lump sum, but the problem with this is that manufacturers are clever, so the cars are created and by the time you pay them off they break and make you buy a new one. So in my opinion car leasing is probably one of the best options you pay probably less than you would as a monthly rate for finance, then when your term is up you hand the car back and get a brand new one, plus avoiding all of the cost of repairs and break downs.