Things to consider before buying a car
Many of us tend to forget the running costs and concentrate more on the purchase price when looking into a buying a car. The ongoing costs can turn out to be quite expensive.
The running costs can include:
You will receive a notice to pay each year, and you can pay at a post office by producing the notice to pay, a current insurance certificate, and a current MOT certificate (if the car is more than three years old).
This refers to the gradual decrease in value of the car over time. A new car immediately depreciates by about 20% as soon as it is driven out of the showroom, 40% after the first year, and 60% over the next 3 years.
New or Second-Hand?
Second hand cars
Drivers and Vehicle Licensing Agency. This is the official government site all about licensing a vehicle, drivers licences, and personalised number plates.