Researching the Cost of Changing the Family Car

With the current unprecedented prices of petrol and diesel, owning a large engine car is not ideal. Especially, when you need your car as a means for mobility and/or work.

Due to my recent diagnose of spinal stenosis, walking to take and collect Summer to/from school is not really an option for me - my mobility is not great at the moment, so my car is must.

For those like me who own a gas guzzling car, and are feeling the pinch, looking to replace the car is probably a good idea. For me a smaller engine, or even, a hybrid or electric car is a must! something cheaper to run during the currently financial climate. Owning a car in the current crises is certainly a luxury, but for many people, a lifeline.

Photo by Jennifer Latuperisa-Andresen on Unsplash

I purchased our current car online, and we went and picked it up from a car showroom - it was a smooth process and positive experience, but at the time there was no cost of living crisis. I hadn’t carried out much research into the overall cost of owning the car. However, that is now coming to bite us in the bum, as our car has a large engine, and with the rising cost of diesel etc. we soon felt the pinch of owning and running our car.

Researching for a change of car online is a good place to start, but, this time round, I will be carrying out a much more in-depth research, especially looking at the estimated overall costs of owning ‘said’ car. There are website like Car Payment Calculator that offer you calculation methods to research the cost of the new car you are looking for– if you want to search for a car that fits in your budget and/or other needs.

As we are considering changing our car, my first port of call is to check calculate and compare our current car operating costs vs. new cars overall cost, allowing us to see how much we can save overall, which not only includes the cost of diesel, but, insurance costs (as our current car insurance is more costly due to the size of the engine), finance costs, and wear and tear costs (car maintenance) etc.

The effect of COVID-19 on employment, the difficulty in transportation and commutes, the increasing fuel prices and a lot of other things has been a contribution to the rising cost of living. This current situation you need to have a more in-depth knowledge of the amount you need and/or can save by replacing your current car.

Car Payment Calculator offers you an effortless and quick results, so easy to use and made my job of looking for a new car online, much easier.