We can all think of things to consider when purchasing a car, whether it be new or used. Things like:
– Asking price
– How does it drive?
Some of which can have a fantastic impact on the actual cost to maintain, and operate the vehicle we intend to buy? These can really creep up on you, and leave you with buyers’ remorse very quickly, if you’re not prepared for them.
In this article I will cover 3 of the most frequently overlooked factors when buying a car so that you don’t get caught out next time you’re thinking of buying.
The size of the tyres fitted to the vehicle you intend to buy, along with their kind, can impact a number of items going forward, including:
Road noise: Once again, lower profile tyres could be noisier on the street, as wheel as big four wheel drive tyres (All terrain and Mud terrain tyres), which is super noisy compared to regular passenger car tyres. This may surprise and annoy you when you’re used to a quiet ride.
Ongoing costs: The size and type of the automobile on the vehicle you would like to buy can have a enormous impact on the prices going forward, in both the cost to replace the tyres, in addition to fuel costs.
Something fitted with a large four wheel drive tyre with more rolling resistance will cost you more, since the car will chew through far more fuel than regular road tyres, sometimes surprisingly so. This is definitely something to be aware of if you’re thinking about a four wheel drive or SUV.
When it comes to replacement costs, always make sure that you note down the size of the tyres fitted to the car you’re looking at buying, and call around at least 3 tyre stores to get quotes on replacing them. This is among the most common causes of surprise extra costs I visit every day, and people normally aren’t ready for it, or are not expecting it.
This is another commonly overlooked factor when it comes to purchasing a vehicle.
The servicing costs of different transmissions differ greatly. Which transmission type is in the vehicle you’re looking at? It could be, to name just a few:
– Continuously variable transmission (CVT)
– Regular Automated
– Dual clutch automatic
– Manual transmission
All these (and another types found in vehicles now) require different oil types, filter types, different servicing techniques and different service intervals, which will, you guessed it, have an effect on the costs associated with upkeep as well as if something drastic happens and you will need to replace the entire transmission.
As with the tyres, I suggest taking note of the type of transmission that’s fitted to the car, and calling around at least 3 stores to get estimates on transmission services. Don’t get caught by surprise with the price, as some of these can be big dollars!
Another element that is normally overlooked in regards to transmitting type, is how much fuel will it cause the car to use?
This is a relatively minor thing, but something to think about, nonetheless.
The Size, Type, and Ability of the engine fitted to the car you’re considering can also have a drastic effect on the continuing costs associated with it, in much the same manner the transmission can.
How many cylinders does it have? Is it turbocharged, supercharged, double billed, naturally aspirated? Is it gas, LPG, diesel, hybrid, directly electric?
This all has an effect on the servicing costs, for instance the more electrons an engine has, the more components it will take, ie a 8 cylinder engine will require 8 spark plugs, 4 cylinder will take 4. This might seem silly, but when you’re talking around $30 per spark plug or more in some cases, it can drive prices up quickly.
Along with this, the engine oil required, the type, as well as how many litres the motor holds, will change based on these factors also. It’s not uncommon for some diesel engines to hold up to ten litres of engine oil, as well as needing higher quality oil that, yep, costs more.
This is exactly the same with a lot of forced induction engines (turbocharged, supercharged, etc), which typically require a high quality oil to stop engine damage.
And how about gas prices?
Larger capacity engines with more cylinders, require more fuel to run, therefore your costs increase. The sort of fuel required will change also, as some engines need the higher octane premium fuels to operate without risk of failure, and with the prices of fuel sky rocketing world wide, this is definitely something to consider.
As with the other two points, pay attention to the dimensions, type and capacity of the motor in the vehicle you intend on purchasing. I would suggest calling around for some quotes on servicing of any car you are contemplating purchasing.
It would pay to have estimates for some of the more routine/common maintenance items also, if the car isn’t still under logbook servicing, such as spark plug replacement, fuel and air filter replacements. Some of the costs on these can vary quite considerably.
So there you have it, 3 of the most commonly overlooked factors when it comes to buying a car. Hopefully you’ve learned something new, and remember to keep this in mind the next time you are in the market for a car!