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. However, new vehicles can be expensive and if you insist on buying that you might be stuck with a loan for a long time. Many people forget that the purpose of a car is to transport them from one point to the other and as long as the car is operating well there is nothing to worry about. You can find a lot of used vehicles which are in a great shape and since their prices are usually down, there will be no need for you to apply for a loan in financing the purchases. In addition, there will be no need to draw from your saving account which can leave you in a bad financial situation. New cars will depreciate up to half of the original value at the end of the purchase year and instead of losing all that money, a reliable used car will help you fulfill your goals. In many areas, the registration of used cars is not that expensive. 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. Many of the used vehicle will still be in a great condition even a decade later. 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. In some cases, the car you get will still be looking shiny and new depending on how well it was cared for by the previous user. Also, a coat of paint will go a long way in improving the outlook of the vehicle.
There is an increasing number of people who are opting to lease new vehicles rather than buying them. The rental companies are particular about the condition the vehicle should be kept in, maintenance and mileage which forces the person driving such a vehicle to be careful. Many of the long-term renters will return the vehicle in 3 years or more. 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. This comes without the torture of high monthly payments.