When you can get around on your own, your plans will not be planned according to the train schedule or the plans your family and friends have. Therefore, make sure you have your own car. When you want to buy brand new vehicles, be prepared to spend thousands of dollars and if you choose to get a loan, it will be years before you clear it. The goal is to have a car that is in a good condition and gets you around without hiccups. Second-hand vehicles can do just fine and you will not have to get a loan to purchase them in most cases. Also, you will not have to drain all your savings at a go. Also, remember that you will not have to worry about the depreciating rates of new cars which can be hard to take. When you look at the amount of money you will spend registering a used vehicle and new one, the former is much cheaper.You will be able to channel the saved amount to maintenance of the vehicle.
Unless the original owner of the vehicle was not careful, you can be sure that the car will be reliable thanks to the improved automobile technology. You can still get a vehicle that runs well even though it is over ten years. Even if you have bought such a vehicle, you will still be able to drive it for another 10 years before going back to the market. Do not think that used cars are always falling apart. You can be lucky to find some which look as new as the day they were driven off the parking lot by the original owner. In addition, you can get the mechanic to splash a new coat of paint and you will be boasting about your new vehicle.
There is an increasing number of people who are opting to lease new vehicles rather than buying them. The rental companies will impose restrictions on vehicle maintenance, condition, and mileage which means the person renting the vehicle will have to go an extra length to avoid compromising the condition of the vehicle. You expect the people renting such vehicle to be back with them in a period of 3 years and above. The cars are not used rented out again but rather sold for the companies to procure the newly released models and if you can bag such a car, you have the assurance that the vehicles will be perfect. You will be driving home a great car without worrying about where you will be getting the money to complete monthly payment.