Running costs

Article Abstract:

The best way to reduce running costs is to buy a second-hand car rather than a new one. Very basic and very expensive cars do not keep their value as well as middle-range ones. Small cars which have power steering tend not to depreciate as rapidly as others. Getting the best insurance deal is a good way of cutting costs and it is important to check the amount dealers charge for servicing cars because these can very considerably.

Automobile ownership, Car ownership

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Running costs

Article Abstract:

The largest single motoring cost for most people is car depreciation, with the typical new car losing around 75% of its value during the first six years. Some cares depreciate more than others, although some, such as prestige models and small cars, hold their price well. Car colour can also have a bearing on its resale value. Other facts to consider are fuel costs, servicing and repairs, and insurance.

Purchasing, Automobiles

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Car running costs

Article Abstract:

Advice on minimizing car running costs is presented. Choosing a reliable car will help to reduce repair costs, while obtaining a number of quotes for insurance can also bring significant savings.

Automobile driving, Motor vehicle driving

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subjects list: Finance
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