Adulthood can be tricky to navigate, especially where money is concerned. If you’re a new adult, you may be surprised at the hidden costs that a car carries with it, from maintenance to insurance.

Here are some ways new adults can save on car costs, vehicle upkeep, and insurance. Specifically, we’ll go over how much insurance costs for an 18-year-old female versus a 78-year-old male, how rates decrease with age, and what kind of policy you should get.

How to Save When Buying a Car

How New Adults Can Save on Car Costs

The average young adult doesn’t have a huge vehicle budget, and if that describes you, a used car might be your best option from a financial standpoint.

Do Your Research

You’re probably an excellent researcher already. Maybe you’ve looked into hiring trends when searching for a job, or you investigated which microwave is the best value for your dollar. Well, you can also search for used cars online and start learning.

By following used vehicle sales on the internet, you’ll better understand what a fair price is. Then, if you go to a used car lot or deal with a private party, you will be educated and avoid being an easy target for being scammed.

A confident car shopper will usually have a better buying experience. When you know what you’re looking for and how the market is, you’ll naturally become more confident.

Know Your Budget

A used car dealer may try to talk you into more vehicle than you can afford. Don’t let that happen. You should understand how much you can afford for a loan, how much down payment you can make, and how much you should budget for insurance and maintenance. Stick to your budget.

Skip the Extras

If you purchase a car from a dealership, they may encourage you to buy a scratch-and-dent package or something similar. These packages are money makers for dealers, and there are only rare situations where the benefit would be worth the cost, so save yourself the expense and skip them.

Ways to Save on Car Maintenance

There are several costs associated with vehicle ownership, and maintenance is one of the costs people forget to budget for. It’s easy to remember to budget for your vehicle loan, fuel, and insurance because those costs tend to be regular. Maintenance isn’t always as regular as those vehicle costs.

There are several ways to save on maintenance, and one of the best ways is to invest in preventive maintenance.

Preventive Maintenance

You may be tempted to avoid regular maintenance because, as the saying goes, “If it ain’t broke, don’t fix it.” But, unfortunately, if you wait until your car is “broke” you’ll end up spending far more than you would have if you had just kept up with regular maintenance.

Just as exercising to prevent injuries can save you from physical pain and suffering, preventive car maintenance can save you from financial pain and suffering.

For example, most vehicles require an oil change three or four times a year. It will probably cost less than $50, but you may still want to avoid spending that money. If you drive with dirty or low engine oil, you’ll damage your engine, and repairs will cost far more than an oil change would have. If you end up needing a new engine, you might as well buy a new car, in some cases.

Drinking water keeps your body working properly, and maintaining your car keeps it in optimal shape.

Fix What You Can

You might not be mechanically inclined, but you can probably change a car battery. If you are confident working with motors, you can probably do quite a bit of your vehicle work on your own. Every time you do the work, you’ll save yourself from paying a mechanic $80 or more an hour.

Repairs are done differently based on the type of vehicle, so while an alternator may be a cinch to change in one car, it might require an engine lift on another.

Wash and Wax

Hand washing and waxing your vehicle will help extend the life of the exterior, which will help it maintain its value better. A shiny car is a lot more desirable than a rusted-out comparable car.

Save on Car Insurance

How New Adults Can Save on Car Costs

Unfortunately for you, young adults pay the highest car insurance rates of any age group.

Comparison of Male to Female Rates

A few states have banned insurance providers from including gender in their rate calculations, but insurance providers base rates partially on gender in most places. Since teen and young adult males are statistically more likely to be involved in accidents, insurance companies charge them higher rates to compensate for the additional risk they assume.

We’ll compare some examples from State Farm because it’s available in every state and is the largest car insurance provider in the U.S. If you study this subject, you’ll discover that all the other major insurance companies’ rates correlate to these examples.

While a 17-year-old female will pay an average of $5,954, a 17-year-old male will pay $7,324 annually for car insurance. When you break that down into monthly premiums, females will pay $500 a month for insurance while males will pay about $610 per month.

Female or male, there’s no denying that 17-year-olds pay incredibly high car insurance rates. However, by the time those teens go through early adulthood and reach their mid-20s, their rates will drop by half for females to $2,336, and two-thirds for males to $2,555. By 25 years old, the insurance rates are far more comparable between the sexes than they are at 17.

Eighteen-year-old females and males will usually pay slightly lower rates than 17-year-olds.

Insurance Options

Did you realize you may have options on what kind of policy you can get? Getting your own policy may be the best fit for you, but if you live with your parents, you may be able to save money by staying on their policy and reimbursing them for the cost of having you on their policy.

If you don’t live with your parents, you’ll have to get your own policy. While there are many excellent insurance companies, a comparison search can help you find budget auto insurance so you can save as much money as possible.

Insurance Discounts

There are a few key discounts that specifically apply to young adults many times.

  • College student away from home – If you go to college over 100 miles from home and don’t take your car with you, you may be eligible for this discount.
  • Driver’s education – Most car insurance companies reward young adult drivers who graduated from driver’s ed with a discount on their car insurance premiums.
  • Good student – If you maintain a B average, you’ll usually earn a discount. You may need to turn in a copy of your report card, so if you get good grades, save your copy of them.

You can alleviate a lot of financial stress by reducing vehicle-related expenses. Following these tips can help you stay on budget and avoid overspending on your car and insurance.

Melanie Musson

Melanie Musson writes and researches for the car insurance comparison site, CarInsurance.org. She enjoys helping others understand their insurance needs so they can protect their financial stability and build a secure future.

147 COMMENTS

  1. You really make it seem so easy with your presentation but I find this topic to be really something which I think I would never understand. It seems too complicated and very broad for me. I am looking forward for your next post, I will try to get the hang of it!

  2. I like the valuable information you provide in your articles. I will bookmark your weblog and check again here frequently. I am quite certain I will learn lots of new stuff right here! Good luck for the next!

  3. Hi there! I know this is somewhat off topic but I was wondering which blog platform are you using for this site? I’m getting fed up of WordPress because I’ve had issues with hackers and I’m looking at options for another platform. I would be great if you could point me in the direction of a good platform.

  4. Hi there! This post couldn’t be written any better! Reading through this post reminds me of my previous room mate! He always kept talking about this. I will forward this article to him. Pretty sure he will have a good read. Thank you for sharing!

  5. Very good website you have here but I was wanting to know if you knew of any discussion boards that cover the same topics talked about in this article? I’d really love to be a part of online community where I can get opinions from other knowledgeable individuals that share the same interest. If you have any recommendations, please let me know. Thanks a lot!

  6. I just couldn’t depart your site prior to suggesting that I actually enjoyed the standard information a person provide for your visitors? Is gonna be back often to check up on new posts

  7. I’m impressed, I must say. Rarely do I encounter a blog that’s both educative and engaging, and let me tell you, you have hit the nail on the head. The issue is something which not enough folks are speaking intelligently about. I’m very happy that I found this in my search for something concerning this.

  8. Please let me know if you’re looking for a article author for your site. You have some really great posts and I think I would be a good asset. If you ever want to take some of the load off, I’d really like to write some articles for your blog in exchange for a link back to mine. Please blast me an e-mail if interested. Kudos!

  9. wonderful publish, very informative. I wonder why the other experts of this sector do not understand this. You should continue your writing. I am sure, you have a huge readers’ base already!

  10. Hello! This is kind of off topic but I need some help from an established blog. Is it tough to set up your own blog? I’m not very techincal but I can figure things out pretty quick. I’m thinking about creating my own but I’m not sure where to begin. Do you have any points or suggestions? Thank you

  11. I don’t know if it’s just me or if everyone else experiencing problems with your blog. It appears as if some of the text on your posts are running off the screen. Can someone else please comment and let me know if this is happening to them too? This could be a problem with my browser because I’ve had this happen before. Cheers

  12. Most of the things you claim is astonishingly precise and that makes me wonder why I had not looked at this in this light previously. Your piece truly did turn the light on for me personally as far as this particular issue goes. Nonetheless there is actually one particular factor I am not necessarily too cozy with and while I attempt to reconcile that with the actual central theme of your position, allow me see what all the rest of the subscribers have to say.Very well done.

  13. Thanks for another informative website. The place else may I get that kind of information written in such an ideal means? I have a undertaking that I’m just now working on, and I have been on the glance out for such information.

  14. Nice read, I just passed this onto a friend who was doing some research on that. And he actually bought me lunch since I found it for him smile Therefore let me rephrase that: Thanks for lunch! “The guy with the biggest stomach will be the first to take off his shirt at a baseball game.” by Glenn Dickey.

  15. I’m impressed, I have to say. Actually not often do I encounter a weblog that’s both educative and entertaining, and let me tell you, you could have hit the nail on the head. Your thought is outstanding; the issue is one thing that not sufficient individuals are talking intelligently about. I am very glad that I stumbled across this in my seek for something regarding this.

  16. What i do not realize is in reality how you’re no longer actually much more smartly-favored than you might be right now. You are so intelligent. You know therefore significantly relating to this matter, produced me personally consider it from numerous numerous angles. Its like men and women aren’t involved unless it is something to do with Woman gaga! Your own stuffs excellent. Always handle it up!

  17. After study a few of the blog posts on your website now, and I truly like your way of blogging. I bookmarked it to my bookmark website list and will be checking back soon. Pls check out my web site as well and let me know what you think.

  18. Definitely imagine that which you said. Your favorite reason appeared to be at the net the easiest thing to take note of. I say to you, I certainly get annoyed even as other folks consider worries that they plainly don’t realize about. You managed to hit the nail upon the highest and also outlined out the whole thing with no need side-effects , people can take a signal. Will likely be back to get more. Thanks

  19. Thanks for sharing superb informations. Your website is so cool. I’m impressed by the details that you have on this website. It reveals how nicely you understand this subject. Bookmarked this website page, will come back for extra articles. You, my pal, ROCK! I found simply the information I already searched everywhere and simply could not come across. What an ideal website.

  20. Thank you for sharing superb informations. Your website is so cool. I’m impressed by the details that you’ve on this blog. It reveals how nicely you perceive this subject. Bookmarked this website page, will come back for extra articles. You, my pal, ROCK! I found simply the information I already searched all over the place and just couldn’t come across. What a perfect web site.

  21. Hey there! Do you know if they make any plugins to help with SEO? I’m trying to get my blog to rank for some targeted keywords but I’m not seeing very good results. If you know of any please share. Many thanks!

  22. Whats Happening i am new to this, I stumbled upon this I have discovered It positively helpful and it has aided me out loads. I am hoping to give a contribution & assist other customers like its helped me. Great job.

  23. I’m not sure where you’re getting your information, but great topic. I needs to spend some time learning much more or understanding more. Thanks for fantastic information I was looking for this information for my mission.

  24. Good post and straight to the point. I don’t know if this is really the best place to ask but do you folks have any ideea where to hire some professional writers? Thank you 🙂

  25. Greetings from Florida! I’m bored to death at work so I decided to check out your site on my iphone during lunch break. I really like the info you present here and can’t wait to take a look when I get home. I’m shocked at how quick your blog loaded on my cell phone .. I’m not even using WIFI, just 3G .. Anyhow, amazing site!

  26. Thank you, I have recently been searching for information approximately this topic for ages and yours is the best I have came upon so far. However, what about the conclusion? Are you positive concerning the source?

  27. magnificent put up, very informative. I’m wondering why the opposite experts of this sector do not realize this. You must proceed your writing. I am sure, you’ve a huge readers’ base already!

  28. I have recently started a web site, the information you provide on this web site has helped me greatly. Thank you for all of your time & work. “If you see a snake, just kill it. Don’t appoint a committee on snakes.” by H. Ross Perot.

  29. I simply desired to thank you so much once more. I do not know the things that I might have accomplished without the type of pointers discussed by you about such area. It had been the fearsome dilemma in my view, but taking a look at the very specialised strategy you processed the issue forced me to leap for gladness. I am just happier for the guidance and hope that you are aware of a powerful job you are putting in teaching people through a site. Most likely you’ve never met any of us.

  30. 肏中国熟女老熟女熟妇肏德国熟女熟妇narutohenta黑土自慰vk欧美妞❌❌❌❌操B的视频偷拍出租屋嫖妓BBBBBbp站官网网址进入免费Porno美国FreeXXXX强迫OLD小医仙白丝夹得好紧好爽8x在线jiZZ中国ZZZ日本护士水多欧美狂欢抖阴黄片祖母怀上亲孙的孩子冢本人妻触手play巨大欧洲老妇B人体三级黄片anime性交大一新生18岁漂亮的鸡巴军人边吃奶边做呻吟h麻豆madofit新品neck窒息掐死视频vk青娱乐91视频97超碰碰Genshin Impact本子黑人一及片国内一级爰爰黄视频国产女生被艹视频网站Young13一15XXXww https://xxxporno.win/ 性爱三级片毛片草少妇视频xxxwww强freesexvideos另类姝姝的白丝好紧好紧好紧午夜福利无码性爱高潮天美传媒印度性自由XXX视频成人网站黄色三级片韩国美女主播㊙️全身婐张柏艺三级片蔷薇扦插多久生根高清欧美bbw性大片全球进化最后结局萨克拉门托天使降临到我身边Oo中国老头和老头玩几巴飞华两性互添猪笼草 延时摄影少妇creampieHD熟女殴美乱子我和我的大屁股婬荡嫲嫲老人鸡吧voyeurpissing女人美女被大黑屌操到高潮不断抽女子好色进入十八岁性生活女主播直播让两个老头丰满肥胖老女人HD西方老女人AⅤ动漫美女裸体又黄❌❌A片男子摔倒过路女子拦车呼救Chinese麻豆HDXXXX哈尔滨最新疫情通知小舞脱了内裤露出尿口让千仞雪摸

  31. 欧美girlxxvideonaruto3DPIXXXvideo雏田Tube操老肥熟香港porn moviecg成人漫画欧美japanese重口bdsm国产菊爆美女在线播放在线观看视频国产捆绑重口脚交╳╳╳╳╳视频美女的隐私㊙️麻豆传煤凌晨三点www韩国女人巨吊tv俄称打死乌2名将军50名军官真实破女处高清播放播放一贪欢一k8一经典片jzz高潮免费一级无码婬片A片AAA毛片oldman恋老女人游戏王卡组大乳乐体育劳伦斯奖含金量underpass地下痴女3D动漫免费XNXX韩国欧美女人体艺术英国母乳黄片国产日产精品久久久久快鸭王者女英雄色黄女尊np女主吸男的乳水的文吗chinese0ldman老年人tⅴ伦轮视频熟妇人老妇人麻豆 ed后入式性爱动态氧气女人什么意思
    https://xxxporno.win/ 强制囗暴昭和少妇美女足交调教视频国产精品伦子XXxxxn 动画美女玉足调教视频中国人xxnn3D强㢨巴巴塔动漫绝对值Chinese男男GayFuck太子爷2020年是建党的几周年塚本性犯罪色猫网免费视频福利网麻豆xnxx裸身不知火舞被❌羞羞漫画乌称所有导弹都被击落欧美性性性狂猛JapaneseHD日本少妇movie spankee网址偷拍GayXNXX羽月希出演的FA系列意大利一级Av艳星水蛭养殖技术抠逼静香大雄医生anna polina种子资源法国熟妇性巨大欧洲❌❌❌❌BBBBB熟女l熟女真实乱Videos一老妇Dorcel Airlines:
    Hotesses Libertines磁力链接ThePorn精品白丝

  32. Hey there this is kind of of off topic but I was wondering if blogs use WYSIWYG editors or if you have to manually code with HTML. I’m starting a blog soon but have no coding skills so I wanted to get advice from someone with experience. Any help would be greatly appreciated!

  33. Can I just say what a reduction to search out somebody who really is aware of what theyre speaking about on the internet. You undoubtedly know tips on how to bring a problem to gentle and make it important. Extra folks have to read this and understand this side of the story. I cant consider youre no more popular since you undoubtedly have the gift.

  34. First off I want to say superb blog! I had a quick question that I’d like to ask if you don’t mind. I was curious to know how you center yourself and clear your thoughts before writing. I have had a hard time clearing my mind in getting my thoughts out. I do enjoy writing but it just seems like the first 10 to 15 minutes are wasted just trying to figure out how to begin. Any suggestions or tips? Kudos!

  35. canadian pharmacy canada discount pharmacy or canadian drug stores
    http://tawgroupconnection.com/__media__/js/netsoltrademark.php?d=canadapharm.store canadianpharmacyworld
    [url=http://lympha-press.net/__media__/js/netsoltrademark.php?d=canadapharm.store]northwest pharmacy canada[/url] canadian family pharmacy and [url=http://mail.empyrethegame.com/forum/memberlist.php?mode=viewprofile&u=264926]canadian pharmacy king[/url] online canadian pharmacy review

LEAVE A REPLY

Please enter your comment!
Please enter your name here