How to save money on cars amid rising costs: tips from experts and shoppers

How to save money on cars amid rising costs: tips from experts and shoppers

With car prices and repairs climbing, many drivers are looking for ways to save. Experts say small steps now, like regular maintenance and choosing used vehicles, can prevent bigger costs down the road.Jim Thomas, Manager at Auto Tech Plaza, says a few years ago, people wouldnt hesitate to trade in their older cars for newer models. However, hes noticed a shift."I think people are sitting back, kind of waiting to see what the economy does, what …

2025 - Rising Auto Insurance Costs: The Impact of Electric Cars on Premiums

When buying a new vehicle, it’s essential to consider not only the purchase price but also future costs like insurance, which is rising for all vehicle types, especially electric ones. Insurers face increased repair costs due to advanced vehicle components and costly batteries, leading to higher premiums. Factors such as limited part availability and the Hamon Law further complicate the landscape, contributing to significant financial implicatio…

The insurance of electric cars is 13% more expensive than that of gasoline vehicles, according to the analysis to determine if the type of motorization of a vehicle influences the price of its insurance made by the price comparisonr Check24. Thus, the company, which has made about 300 pricing rates with final price for the basic third party modality in its comparator, has concluded that electric vehicles are those that have the most expensive ca…

Securing an electric car in Spain is, on average, 12.7% more expensive than securing a gasoline car, according to a study by the Check24 Price Comparator, published on Wednesday....