15 Things to Consider When Buying Your First Car

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4. Know How Much Insurance will Cost

Before making your first car purchase, research the potential insurance cost. Many first time buyers do not realize that the difference in buying an inexpensive sports car versus a sedan can result in the monthly insurance bill being almost double. The time to find out about a big insurance bill hit is before making the purchase since these funds can be better used to contribute to the monthly budget or upkeep of the new automobile. Similarly, researching potential insurance breaks such as taking a driver’s education course or getting good grades can provide a needed break in the overall cost of driving one’s first automobile. Every dollar counts when making a life change of operating an automobile for the first time.