Should I Buy A Second Car For Commuting

More Answers On Should I Buy A Second Car For Commuting

Buying A Second Car For Commuting (Is It A Smart Financial Decision?)

by Meri Gasem. Americans commute an average of 16 miles per day or 27 minutes. A second commuting car with great miles per gallon ratio is a good choice when you can’t afford to spend hours commuting with public transport. However, it’s a significant financial burden – a second commuting car can cost you an average of $3,800 per year.

Should I Buy A Second ’Commuter’ Car With Better MPG For My Long Daily …

A: No, I don’t think a second commuter car is warranted — at least in your situation. I created a quick spreadsheet to test my gut reaction. If your commute were 30 miles each way (60 round trip) and you bought a commuter car for $3,000 that gets 35 mpg, at current gas prices you might break even with the second car in about three years …

When Buying a Second Car for Commuting Makes Sense

Feb 8, 2021If you were to buy a second car for commuting, the monthly cost could be around $400. This includes the car loan, insurance, taxes, and maintenance. Here is a comparison if you drive 30 miles round trip per day. Truck: Commuter: Cost of Fuel: $3.00: $3.00: MPG: 16: 40: Monthly Miles (5 days x 4 wks) 30 x 5 x 4 = 600:

Thinking of buying a second car? – Car Next Door Blog

Aug 7, 2020Reasons for buying a second car. There are a few different reasons why people start thinking about a second car purchase. Most relate to a change in circumstances, for example, a new job that requires a longer commute, or two people in a household requiring use of a car at the same time. In the past, if cost was a factor and public transport …

Does it make sense to purchase a second car just for commuting?

Monthly expenses. Truck payment = $580 Student loans = $405 Phone and internet = $85 a month Car insurance = $95 a month Free rent / utility. Long term plan is to save $15k by next April for a DP on a home. Does it make sense to purchase a 3k commuter car to drive for the next few years? Moving closer to the job is not an option for a few more …

Is Buying A Second Car Really Worth It? – GoGet Carshare

Tyres and maintenance, Upfront costs and financing, and. Parking hassles at home and away. Even if you don’t it drive often, a second car still costs you money. Your car will continue to depreciate and require maintenance and registration. The average car is used just 1 hour a day but costs $7,000 a year to run. Not great value for money.

The Cost of Commuting – Is it Worth Buying Another car?

The costs are as follows: Train: £8.90 per day = £44.50 per week (approx $71) Petrol for the car = approx £50 ($80) per week. Given that there are more than 4 weeks in an average month, let’s say that our fuel/train costs are approximately £400 per month ($640) In addition to this, there is obviously road tax/ maintenance and car …

Is it worth buying a second car? – 4wdingaustralia.com

Feb 22, 2022Here’s some of the reasons you might consider buying a second vehicle: Better fuel economy. Cheaper maintenance. Easier in traffic. More comfortable. Backup should either vehicle have issues. Easy to get car servicing done without losing your method of travel.

Buying a second car for commuting? — MoneySavingExpert Forum

The moped worked well, perfect for my needs. £10 to fill which would last me about 6 weeks. Whether the traffic was busy or light the journey time was always the same. £120 a year fully comp and £15 tax. If you take a CBT and get a 125 dont forget you will have L plates and you cannot use motorways.

Buying a second car for commuting – Honest John

I need to buy a second car for commuting 25,000 miles per year. I have £3000 to spend and want to keep running costs as low as possible. I am also tall, so need something that will accommodate my long legs! What would you recommend? – For more news, reviews and Top Tens, visit https://www.honestjohn.co.uk

Commuting should I use the newer car or the older car?

The last commuting car I had got junked at 530,000. You don’t want two cars with high mileage. So I’d drive the older one into the ground. When I drove a new car, in a couple years I had over 100,000 miles on it which I think was a mistake. I like to have a good low mileage car at home but I’m retired now so could care less.

Owning Two Cars: Is It Worth It? (And What to Avoid)

If you own a second vehicle, there is a greater likelihood that your vehicles will last longer and need less maintenance over time. If you drive 1,000 miles per month with one vehicle, you are probably getting pretty consistent oil changes, tire rotations, and refilling the tank. However, if you own two vehicles and maintain the 1,000 miles of …

Economics of buying a second car for commuting | E46 Fanatics Forum

In Jan. 08 I bought a certified preowned M3 with 27,500 miles. Still under new car warranty up to 50k, and then the CPO warranty covers 50k to 100k on…

What to Consider When Buying a Car for Commuting

Jul 20, 2021If your primary concern is your wallet, fuel economy should be at the top of your checklist when shopping for a commuter car. The Environmental Protection Agency (EPA) provides fuel-economy estimates for nearly every new vehicle on the road today to help you identify which are most fuel-efficient. Listed in mpg, or miles per gallon, these …

Should You Keep A Second Car – Or Not? – Midlife Finance

CONS of keeping a second car. But there are equally good reasons for keeping only one vehicle. They focus on another single word: cost. *No car or truck to buy, or loan to carry. According to AARP, the average vehicle loan is now $30,000 or more, and can last for up to six years.

Should I buy a commuter car? : personalfinance – reddit

I typically get 38 – 42 MPG for my commute. That would reduce the fuel cost by about $2,000 a year. Of course, my cost would go up based on the cost to own, insure, and maintain the Civic. Maintenance, registration, and insurance is around $1,000 per year. That only leaves $1,000 per year for car payments.

Is having an extra car worth it? – Mighty Bargain Hunter

Carrying that extra car was unnecessary for 99% of the time. The extra car wasn’t a toy. The one way that having an extra car might be justifiable is if it were a convertible or an otherwise collectible antique car. If that were the case, it would be garaged, protected, and loved. Not so with our third car.

Is It Worth Buying a Second-Hand Electric Car? 5 Considerations

Feb 2, 2022It is also essential to check the charging time. Some cars might need up to 20 hours to fully charge their battery, but some might need only a few hours. We have an earlier article covering everything you need to know about electric car charging speeds. 5. Get a Test Drive. Don’t be fooled by the exotic look.

Would you buy a second car before buying a second house?

Answer (1 of 6): It would depend on whether we actually needed a second car. I’d suggest that for most families a second car is a lot more useful on a daily basis than a second house. This is especially true if you live somewhere where public transport is poor. There are places where personal tra…

Is Owning Two Cars Worth It? The Pros And Cons

But if you insist on owning two cars, then at least own the two cars under my 1/10th car buying rule as well. In other words, if you make $150,000 a year, you can buy a $10,000 car and a $5,000 car. Let’s look at whether it’s worth owning two cars.

What second family car should I buy? – Drive

Its new-car status also adds up to the best warranty (five years/130,000km) and servicing prospects (costs are capped to as low as $250 annually for four years/60,000km) of this group by a long …

Buying a 30+ year old car as a daily commuter. – ResetEra

Apr 14, 2022It is really hard to make money on buying a second car just for the gas mileage. By the time you add in yearly license, insurance, taxes, etc, even assuming the car doesn’t break down, it is years to break even on a purchase of $3-5k. … Find out when it makes sense to buy a second car for commuting. This can help to reduce your gas …

Pros and cons: Should you buy a new or used car? – WhichCar

Buying a used car. Pro: Buying a used car is a lot cheaper up front, and sellers are generally more open to bargaining for a car in order to move it on. Pro: Sellers of used cars, especially private, are often less pushy and leave the purchasing decision up to you.If you’re allergic to pushy sales tactics this is probably a big plus.

Buying a Second Car | Auto Credit Express

Getting the Right Financing. If you have come to the conclusion that purchasing an additional car makes sense for your family, your next step should be finding an affordable auto loan. And before you spend valuable time and energy in your search, try consulting the experts at Auto Credit Express. We can help you get financing no matter what …

What commuter car should i buy? – ard.aussievitamin.com

What car should I buy for daily commute? 1. Maruti Suzuki Alto. The first car on our list of best commuter cars in India has to be the Maruti Alto, the most affordable model in its company’s lineup that has been a hot seller for many years now. … If you are financially secure and can reasonably expect to be able to afford a second vehicle …

Should I buy a commuter car??? | Dodge Challenger Forum

So here’s my situation…. I took a job 50 miles away from my current residence last year. At the time, I had been with my ex for 3 years and she lived 10…

Buying a car for commuting: What should you be thinking about?

No matter your current situation, here are some of the key things to consider when looking for when buying your next car for commuting. Fuel efficiency . One of the biggest outlays for motorists is the cost of fuel. It’s all very well choosing a car that looks the part. But, if a tank of fuel barely lasts one trip to and from work, it’ll …

Buying a second car for commuting? — MoneySavingExpert Forum

The moped worked well, perfect for my needs. £10 to fill which would last me about 6 weeks. Whether the traffic was busy or light the journey time was always the same. £120 a year fully comp and £15 tax. If you take a CBT and get a 125 dont forget you will have L plates and you cannot use motorways.

Small second car for commuting | Mumsnet

Currently DH and I only run one car, which on weekdays I use for commuting (15 min trip). This is mostly fine – he is a SAHD who can access most stuff…

Should I buy a used car or a new car in 2022? – Chasing Cars

If you want a warranty, you’ll need a recent used car, or a new car. A huge benefit of buying a brand-new car is that it is covered under a new car warranty – which can last anywhere between three and ten years depending on the manufacturer and the confidence it places on its product. Land Cruiser values have stayed high even for second …