How Affordable Is That Family Car?

car on a road with a beautiful blue sky

*Collaborative post

Your family car is just as much a member of your family as the rest of them, and because of that, you take good care of it. You keep it clean and tidy, you get it serviced whenever that’s necessary, and you’ve always got the tank filled to the top to ferry the kids back and forth from school five times a week. It’s a big expense in your life, and you’ve got to do quite a lot of budgeting to accommodate it!

And because of that, the idea of a family car might not be quite so affordable. Of course, you need a car, and you get plenty of use out of it, but is owning one a little too much for you right now?

What would you consider to be a good family car? 


You’ll Need a Lot of Space

And that means you need a car that has both the boot and legroom to accommodate all four or five of you, as well as the buggy you’re pushing the baby around in and the bag filled to the brim with snacks to keep everyone sitting in the back quietly. You’ll need a spacious boot to keep all your daily items in, and to have some blankets and a first aid kit always on hand as well. But the bigger cars that suit these purposes have big engines, and those can be very expensive to try and run.

And not only that, but the best of the best bigger engine cars on the market also tend to have more expensive insurance policies to cover them. That’s another considerable expense to factor into your budget, which makes the idea of one day buying a new car (or paying off your current one) a bit of a pipe dream.


How Much is the Insurance?

Insurance is something that can get very pricey, and it seems the rates of each policy you’ve ever had to your name where subject to random whim. Of course, insurance companies can never change the prices you have to pay without notifying you first, but you’ve had a few of those letters through the post before.

Premiums can go up and down all the time, and you’re never sure if it’d be right to change to another company like One Sure Insurance, or if it’d be best to stay put and bear it. You need the car you have to stay in operation, but at an average rate of almost £500 a year for a small to average-sized car, accommodating your vehicle can get very pricey.

You can cut and slash your insurance policies according to your needs, sure, but that doesn’t change the shocking base rates out there. There’s a lot of factors that go into determining these, but that doesn’t change the fact that a lot of families can’t afford these prices.


Your family car might cost more money than it’s worth, so make sure you’re aware of the common money issues.



*This is a collaborative post. For further information please refer to my disclosure page.

If you enjoyed this post you can follow more of our life, opinions and antics over on Facebook, Twitter, YouTube and Instagram. Plus feel free to come and join in with my parenting group ‘From One Parent to Another’ on Facebook.

If you’d like to contact me you can either leave me a comment or drop me a line via my contact me page.

For other topics similar to this one check out these suggestions below…

Related Posts:
How A No Buy Year Will Help The Environment
coins piled up with each pile getting bigger and bigger

I hadn't heard of a no buy year until the start of last year when I saw some people announce Read more

11 Ways To Save Money This Year
a money bag etched in the top of a coffee cup

I think 2020 was quite a wake-up call for many of us in terms of the way we live, spend Read more

5 Signs Money Stress is Getting on Top of You
a man with his hand on his head sat at a table. Looks like he is worrying

Money stress – it’s one of the worst feelings in the world. Not only does it have a horrible impact Read more

Saving and investing money from home in 2020

Whether you have money burning in your back pocket or are starting to feel a pre-Christmas pinch, we all want Read more

Leave a Reply

Your email address will not be published. Required fields are marked *