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Buying a Car as a College Student

April 1, 2018 | Uncategorized | By Real Estate | 0 Comments

College is an expensive time in a young adults life. You have to worry about school tuition, room and board, books, a social life, putting clothing on your back, affording Spring Break and tons of other memorable activities that every college student must do. You also have to worry about paying for these things and that might include working off campus while you attend classes. A car might make this job much more convenient and would also, no doubt, open up opportunities for fun and exploration with your college friends. If you have the financial stability and income to afford a car payment, then maying buying a car as a college student is something you’re considering.

The first thing you’ll have to decide is how much car you can afford. There are many free tools and calculators at Cars.com that can give you a solid idea of how much certain cars cost and the ancillary costs that are also associated with car purchases. You can research specific cars that you like to and find out if they fit within your car-buying budget.

It’s also important to remember that there are costs you must consider to owning a car. This is a necessary line item in your monthly budget to ensure you can afford the purchase. Owning a car will mean you also will have to pay monthly insurance premiums. You will also have to put fuel in the car and pay for scheduled maintenance costs like oil changes. Tires don’t last forever, especially on new cars, and after so many miles driven, you can expect to make the costly purchase of replacements. Knowledge is the key when deciding if buying a car as a college student is right for you. Head over to Cars.com right now to begin your education.

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