How to Set a Reasonable Car Buying Budget

Before buying a car, it is crucial to set a reasonable budget. The first thing to consider is the naked price of the vehicle, which is the bulk of the purchase cost. You can learn the price range of your target model through online platforms and 4S stores, and pay attention to manufacturers’ discounts and dealers’ promotional activities. Secondly, the purchase tax can not be ignored, it is in accordance with a certain percentage of the bare car price levied. There are also insurance costs, compulsory insurance is mandatory to buy, commercial insurance can be selected according to need, such as car damage insurance, third party liability insurance, etc., different models and the amount of insurance, the cost of a large difference. In addition, you also need to set aside the cost of the license plate and the subsequent possible decoration costs, such as film, add interior decoration and so on. Combining these factors, you will be able to develop a car purchase budget that meets your financial situation and avoid blind spending.