A first car is exciting and easy to get wrong. Set a total budget before you look at a single listing, and include the costs that come after the purchase.
In this article
- Work out the real budget
- Pick the right type of car
- Do the checks
Work out the real budget
Add insurance, fuel, maintenance and registration to the purchase price. A first-time driver can pay a lot for insurance, so get quotes early.
| Cost | Typical yearly amount | Notes |
|---|---|---|
| Insurance | $1,500 to $4,000 | Higher for under-25 drivers |
| Fuel | $1,200 to $2,000 | Depends on car and mileage |
| Maintenance | $500 to $1,000 | Rises with age |
| Registration and tax | $100 to $500 | Varies by region |
Costs are typical ranges. Check your own situation and local prices.
Pick the right type of car
A small, reliable hatchback or sedan is cheap to insure and run. Skip the sports coupe until you have a few years of driving behind you.
A cheap car with a long list of problems is expensive.
Do the checks
Look at the vehicle history, test drive it on a route you know and have a mechanic inspect it. A hundred dollars on an inspection can save thousands.
Step by step
- Set a total monthly budget
- Get insurance quotes first
- Shortlist three reliable models
- Book a pre-purchase inspection
Practical tip
Ask the seller if you can take the car to your own mechanic. A seller who refuses is giving you information.
Bottom line
Focus on reliability and running costs more than looks or speed.
Specifications, prices and rules change. Confirm current details with the manufacturer or the relevant authority before you buy or repair.
