“I found buying a used car to be stressful,” says Emma, a recent college graduate in Southern California. “I just got my first job, but I didn’t have a lot of money. It’s a big purchase.”
For millions of Americans like Emma, buying a used car is a difficult process. And it can be quite emotional. There’s a lot of money at stake. Beyond the purchase price of the vehicle itself, the cost of gas is also significant, and don’t forget about insurance. These additional expenses must also be considered as you choose the right used car for your lifestyle and your budget.
Car insurance is an important purchase. It’s required by law before your car is legal to be driven on the road, and cheaping out on the insurance can lead to serious issues if you have an unfortunate accident. But the cost of insurance does vary from vehicle to vehicle and driver to driver. Different insurance companies offer different insurance rates on different cars, so it’s important to shop around and consider the vehicle’s insurance costs prior to selecting and buying any used car.