black car on a road at sunset aimed at the tyres thinking about car expenses and maintenance

5 Top Tips To Reduce Your Car Expenses

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When it comes to family life one of our main focusses (other than trying to juggle life!) is to budget as much as we can in order to have enough money each month to spend on having fun and making memories. One of our biggest expenditures over the years has come from running 2 cars, however, having the freedom that my car gives me is something I could never be without– I couldn’t begin to imagine having to work my day around a bus schedule. So, it is most definitely a must-have item for our family and I know I am very lucky that we are in a position financially to run multiple cars. Yet this doesn’t stop me from wanting to save money here too so here are my 5 top tips to reduce car expenses in the long run.

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The Benefits of Owning a Car

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A car is a massive expense. If you don’t already drive, the costs of taking lessons and passing your test can run into the thousands. Then, even if you save money by buying a cheaper, second-hand car, there is insurance, tax and fuel to consider. As well as regular servicing and MOTs. It’s also worth remembering while buying a second-hand vehicle might save you money in the beginning. It’s likely to cost more in repairs and spare parts in the coming years.

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