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One of the first discussions to have when considering a first car is determining who will cover the costs. While parents often contribute significantly, even footing the bill entirely, this doesn't necessarily mean they should also take on ongoing ownership expenses. Encouraging young drivers to share in these costs, such as gas, insurance, and maintenance, teaches them early financial responsibility. If your teenager has saved enough money to contribute towards the purchase, it's wise to consider splitting the ownership expenses, such as alternating costs for routine maintenance or even major repairs.
Motorvero
November 09, 2024
When gasoline prices rise, the cost of commuting becomes a significant factor in selecting a car. Fuel economy is critical in determining your car's long-term expenses. The Environmental Protection Agency (EPA) provides fuel economy estimates for nearly every car on the road, helping you understand the efficiency in city, highway, and combined driving conditions. The type of driving you do on your commute—whether mostly in traffic-filled city streets or smooth highway routes—will dictate which fuel-efficient car suits your needs best.
Motorvero
November 08, 2024