Estimated Time to Read: 3 minutes

We all want to pass our driving tests and we all want to own our own car, but the shock comes in when we realise how expensive owning a vehicle really is. If it wasn’t for payday loans my car would be sitting by the side of the road right now and I’d be walking to work each day.

Know what Expenses are involved in Owning a Car

Owning a car doesn’t mean you only need money for the annual MOT test, tax disc and petrol. There is insurance, tyres, services and those nasty unexpected repairs to take into consideration as well.

Knowing what expenses are involved in owning a car can help you decide on whether you really need one. The public transport system in the UK is superior to many other countries, this makes it easier for many people to reduce their financial burden and use public transport rather than a vehicle.

When You Need a Car

Believe me I am not saying give up on the car idea especially if you live in a country area. Those living in London can manage with ease without a car but if you live in the heart of Dartmoor and the nearest supermarket is miles away, a car may be the only means of getting in and out of town.

I remember living in a coastal village in Devon where we had three buses a day, if you missed the last bus you couldn’t get home, yes I had a car.

Keep Expenses Low

Just because you own a car doesn’t mean you can’t be prudent and find ways to reduce the expenses. Shopping around for insurance is just one of the ways you can reduce the cost of owning a vehicle. Whatever you do, ensure that you do not modify the vehicle; you will be amazed how much this can add to your premium.

Keep your car locked in a secure car park or garage when you are not using it, again a way to save money on your insurance and to reduce your monthly petrol expenditure, you can arrange a car pool with people who live close to you and work in your vicinity.

The Unexpected Surprises

I hate those unwelcome expenses, just when you have paid for your new tax disc and replaced the tyres on the car, the car breaks down. There you have it, you’re sitting on the side of the road waiting for the roadside recovery team to come and rescue you and all you can think about is how you don’t have enough money in your bank account to pay for any repairs until pay day which is two weeks away.

We’ve all been there and unexpected surprises always come at the wrong time. I always try and save a little each month which I use for these unexpected surprises, but sometimes you have to find other ways to get the money to do the repairs, especially when a car is the only way for you to get to work and back.

The one option is to ask your boss for an advance. I hate doing this it’s like airing your dirty laundry to the entire office, I don’t like people to know my financial status and therefore I try and steer away from this one, but if all else fails this is an option.

Another choice is applying for payday loans online, these are short terms loans until your next pay day so you can have the repairs done and continue working with the minimum amount of fuss and the day your salary is banked into your account, the money for the loan is withdrawn, paid and dusted.

Jasmin Blunt enjoys finding ways to save money and finding solutions to financial problems. She strongly believes that when you are struggling to pay one of those unwelcome expenses, try applying for payday loans online.