2 Ways Millennials Can Make Car Ownership Affordable

Woman hugging a white car

Are you a young millennial? Then most probably you’re one of the hundreds who struggle with student debts and homeownership. You may also be building a career. In other words, there’s a good chance you don’t have the funds yet to buy and keep a car.

The good news is there are a couple of ways to make owning a vehicle easier on the pockets. Here are some ideas you can take note of:

1. Buy a good-quality used car

Used cars tend to have a bad image. People believe they are less durable and are more likely to break down faster. They are also costlier to maintain.

That can be true but only up to a certain extent. For one, the average age of vehicles in the United States is already 11.5 years. It means they are becoming either easier to maintain or designed to last longer. Over the years too, the vehicle standards have significantly improved.

All it takes is to find good-quality vehicles. To do that, you have to look for credible dealers such as JT Auto Group. These shops don’t only have a wide selection of vehicles to choose from, but they also have specialists who can recommend the ideal vehicles for you.

2. Get the right vehicle insurance

It doesn’t take a genius to know the danger of driving a vehicle with no insurance. But in case you need a reminder, note it can cost you a lot of money, time, and effort.

In North Carolina, the penalty can range from $50 to $100 depending on the number of lapses. However, you are also more likely to spend time in jail or probation that can last up to 45 days. Moreover, you are at risk of having your license suspended or revoked.

A bad driving record can make it more difficult for you to secure vehicle insurance later. If not, you need to pay very high premiums.

Fact: owning a car means spending a good amount of money. That’s why it always requires a thoughtful decision. Know, however, you always have options to make it more affordable for you.