
It's getting close to fall, and that means that students
will be heading off to college. Whether you root for the Spartans or the
Wolverines, one of the decisions you can make is whether to have a car on
campus. On the plus side, owning a car can help students who live far away
travel faster and more conveniently, and it teaches them how to be responsible
as a car require a high level of care. Purchasing a car in college is a big
step, and it's essential to list down a list of your needs. This helps you
narrow down the best car for students within your budget.
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The BudgetÂ
Most college kids have part-time jobs, and though they may
want that Ferrari, they most likely won't be able to afford such a luxury. You
can still buy an excellent fuel-efficient vehicle, or good quality used car for
a reasonable price. Purchasing a vehicle within a $10,000-$15,000 price range
is ideal for college students because it allows them to apply for cheap car
insurance. Students will also be able to afford to pay their auto loan
installments on time.
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Age of the VehicleÂ
If you're going to buy a used car, its best to buy a vehicle
that is less than eight years old. After all, you want a car whose car parts
are in working condition and owning a car that's within this age bracket enables
you to obtain spare parts should your car break down. We recommend that you bring
along an older friend or family member who knows a thing or two about cars to
ensure that you get value for your money with enhanced bargaining power.
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Cheap Car InsuranceÂ
One expense that comes with owning a car is auto insurance.
College students already have costs such as rent and tuition fees, so its best
to get a cheaper car insurance quote if possible. We recommend also applying
for a Good Student auto insurance cover which is available to full-time
students who are age 25 and younger, though keep in mind that students need to
have a cumulative GPA of 3.0 or higher. You can also apply for a resident
student auto insurance cover, which gives discounted quotes to full-time
college students who live 100 miles or less from home. You will need a clean
driving history to qualify for this plan.
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Gas UseÂ
Fuel prices keep rising so smart college students will buy a
car with low fuel consumption. This ensures that you are still able to afford
your priorities and campus luxuries without racking up a ton of loans. What's
good about fuel-efficient vehicles is that even as the price of gas increases
your car's economic fuel consumption minimizes the financial impact.
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We here at Rochester Hills Dodge Chrysler Jeep RAM know the
struggles of affording a car if you're a college student and we are here to
help. We have plenty of affordable vehicles for students, including the Jeep
Compass, Jeep Renegade, and the Dodge Journey in our inventory. Our friendly staff is here to
help you with your purchase, and we even provide financial services with an
experienced group of credit experts to help you get the approval you need to
make your car dreams come true!   Â
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