Tuesday, 29 December 2015

How to Pay less on a Car

Here’s how you can afford a car on a small budget
Refinance your loan
Make the most of lower interest rates in the car financing market so that you pay less on your monthly repayments!
Cut down on your Car expenses
Look at what you’re spending on your car like your insurance, petrol and maintenance, can you opt for a cheaper alternative so that you can save more money?
Cut down on your Other expenses
It’s a good habit to be thrifty, and starting with your own spending habits can help you put some money aside when you spend only on what you absolutely need and cut down on luxury items.
Buy a cheaper car
A cheaper car will cost less in the long run but serve the same purpose - to get you around town!
If you are still having trouble affording your car after trying out these methods, perhaps it’s time to seriously evaluate if you should sell your car off. Never put yourself into debt for the want of a car!

How to Pay less on a Car