Posts Tagged car payment

Save Money Buying a Used Car

With the economy changing as much as it is, one has to wonder if a new car is really worth it. Is it worth spending that extra money when you could get a used car that is in good shape When people buy a used car, the sticker price is not the only thing they save on. There are many ways you can save when you buy a used car.

First, you can save on gas. Many people think the new cars offer all the gas savings, but that is actually not true. You could get a new hybrid and save on gas, but studies have shown it can take you between five and ten years of owning a hybrid to actually get ahead in the cost department. That is because of the sticker price of a hybrid.

There are many cars that were made in 1990s to the early 2000s that get excellent gas mileage. Consider a Corolla, or a Mazda Tribute. They are both affordable and will save you a great deal of money on gas. When you are able to get an affordable vehicle that also offers a great savings on gas, you will save quite a bit of money in the long run.

Also, you will save money on insurance. When you buy a new car, your insurance company is going to give you an expensive policy. The cheaper the car, the less you pay for the insurance. That means people who are driving around in used cars are going to get some great deals.

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