Buying Your First Car 🚗 #Car #Student #Tips #StreetCents

Essential financial tips and lessons for students looking to buy their first car! Finding your dream car online is so much fun, but you might need to save up more money than you think to own it. It's not just the book price of the car that you should budget for. Consider things like registration and licence fees, parking, gas, insurance, maintenance costs and more. We explain it all in this cute skit 🥰

[lazypandaland]

Thank you for simplifying this 😫 i always wonder what things exist for buying a car i dont even know about.
I don't even plan on driving anytime soon but i think its useful information just to help other family members create a budget

[renaitre-wqkk]

didn’t even think about all this… so grateful to u guys

[ethandowler]

I’m glad you accounted for a monthly maintenance line item. No matter what the car’s age, you WILL need to pay for maintenance (unless you’re into that kind of thing and can actually do it yourself)

[singmeunder]

As long as I have alternative methods to commute, I refuse to get a car.

[-Couch_Potato-]

God bless my little hometown for having a good public transport system

[pluripotentprotoplasm]

150x 12 x 2 is 3600. So you've more than bought that car again in the next 2 years by paying for insurance. Are people wrecking a car every 2 years? Those insurance fees are a rip off!

[naonaop]

And then my mom wonders why I don’t want to drive 🤣 this is why mom!!

[cydnie]

If only used cars were actually that cheap

[mariannepoirier]

My insurance is 40$ a month. I have no experience and an old car.
How does anyone pay 150$ a month for insurance, that's insane!

[sarahg]

150 bucks would be a DREAM. i’m paying 200 under my parent’s insurance

[leilanililgreen]

Seriously, be careful! I have to pay $250 in insurance, and that's the cheapest I can get it. Always check the insurance on cars. (FYI, I haven't had any accidents or tickets)

[nalokki]

yeah I just bought a car for 13100zl (3275$) and just the registration, tax and inspection costs were 542zl (135.5$)
+ 500zl(125$) for AC, full OBD check and a little repair and I'm still waiting for the most expensive ones wish me luck😭

edit: they said its gonna cost a couple thousand for the little repairs, looking for another mechanic rn 😭

[yutuberculosis]

And that, my children, is why we vote for city councilors who prioritize dense housing and public transit!

[ultravioletxyz]

200 dollar inspection is crazy my local shop does my inspection for like 20 bucks😭

[kawaiidere]

It’s so terrible how people are forced to drive because of a systemic under investment in public transit. Driving is so expensive it really should only be done when absolutely needed and beneficial, like for work or moving

[LizzieShiro]

$150 for insurance? I wish that were me.

[vipbaepsae]

this is why I don't have a car. it's just such a waste of money if other modes of transport are available

[adalade_]

This is so so helpful for me because I'm looking to buy my first car soon and i didnt even think of all that! Thank you so much ❤

[trizzerd]

150 is a steal, uk its like 2-3k a year for a shitbox with a blackbox

[Sisarooney]

I know it was used just for an example, but don't buy a dodge dart. I own a 2013 1.4l turbo limited for the record. They aren't reliable, so many recalls, transmission is shit and they have a ton of electric issues. Also, double check what gas you have to get. I have to get premium gas (91 octane or higher). It gets expensive fast.