For most people, your car ownership will be the second most expensive purchase you make. This isn’t surprising, cars are generally expensive and essential. In fact, when you consider the cost of the average car and how often you change the vehicle, and its running costs, the cost of running a vehicle throughout your life can be more than the cost of your home.
It’s certainly reasonable to keep this cost as low as possible. The traditional approach to saving money on your car is to purchase a cheaper car or to avoid adding any extras to your vehicle. However, you spend a lot of time in your car, it’s right that you choose one that is comfortable and has all the features that you need, or simply want.
After all, the cost of the vehicle is relative compared to the running costs. This is where the biggest opportunity is to save money and it can be a substantial sum over the years.
Choose Your Parking Carefully
The average cost to park your car in Brisbane is nearly $400 per week. It’s one of the most expensive cities in the country. If you’re parking every day for work, you can see how saving as little as $100 per week could make a saving of approximately $5,000 over the course of one year.
The good news is that you can save this much and perhaps more. Instead of paying to park in the privately-owned car parks, you need to use an app for parking Brisbane. This allows you to locate your parking and rent a space for as long as you need it.
The system works by connecting you to someone living in the city with a space they are not using. There are a lot of these types of spaces! They earn a little money renting you the space, you save a fortune. It’s that simple and it’s stress-free. You always know you have a parking space and exactly where it is.
To compound the savings made on renting a car parking space, you can start car sharing. This reduces the wear and tear on your vehicle and saves you roughly half the cost of fuel. It’s a convenient way to get in and out of the office. However, this is only an option if you’re confident you and your car-sharing partner will be arriving and leaving at the same time.
Consider Your Location
You probably prefer to be parked close to your office. It helps if you’re running late or need to go out during the day. However, take a few moments to consider the cheapest areas of the city. You’ll find some areas are not as well developed and therefore offer cheap car ownership parking. Rent a space in this part of the city and you can save yourself a lot more money, making the cost of running your preferred vehicle surprisingly low.
Of course, you need to balance the neighborhood with your type of vehicle and how safe you feel leaving it there.