Having Your Own Vehicle in College – Things to Know

 

The coolness of college life is enhanced by the fact that you have your own vehicle. You get to go on road trips with friends, go camping and hiking and enjoy all life has to offer when you have the freedom and the means of getting there. But unfortunately, money seems to slip through your fingers faster than water does. This can affect your finances quite badly.

Of course, looking for the best new car prices can help you to make college life easier.. But you need to think about the drastic consequences that can happen if you cannot pay the side bills that come up regularly. Maintenance fees, gas expenses, fixing up the vehicle for seasonal changes might end up with your vehicle parked indefinitely. So, here are some tips on making sure that you can save up money while owning a vehicle to make your life easier.

Carpooling should be a priority

Unless you are sure that you will need your vehicle afterwards, grab that chance for a ride with your friend. It is much cheaper than taking your vehicle out and burning gas on traffic. You can split bills with your friend or buy her or him lunch or something to make up for it. According to statistics, carpooling regularly with someone else (whether it is you driving or someone else) will save you hundreds of dollars a year. Think about what you can do with an extra hundred dollars.

Look for the best

If you are still in the phase of trying to buy a vehicle, then use your haggling skills (or develop them) to grab that car deal. Although you may think it is demeaning, most vehicle dealers have the price tag upped because people always end up negotiating the price. So if you do not haggle, you will end up buying the vehicle for a price that is deliberately raised.

Make use of your smartphone

Sign up for automobile discount sites, Gasbuddy.com, fuel finders and such to get the best rundown prices for gas, maintenance and grabbing new items for your vehicle. You will come to understand that in college, even the discount paper handed out in the supermarket is worth a lot of money.

When you are going for a long ride, make sure to get your vehicle serviced before you go. If your vehicle breaks down or becomes damaged during the trip then you will end up paying a lot more than you should have. Regular maintenance is recommended if you want to avoid major expenses for your vehicle.

 

 

Things to Consider when Buying or Renting Equipment

 

From time to time, every company will be in need of certain equipments and machinery. However, it is not always easy and even possible to purchase these equipments right away. The budget and the cash flow of the business will need to be examined thoroughly. Furthermore, in other cases, the business might even come up with ways to purchase these equipments by trying different strategies in order to raise sales.

In other cases, the business might even opt to rent out equipments for a certain period of time. This is a clever method as you would not have to spend too much and as estimated there will be hardly any use for complicated machinery once they are used. Firstly you can begin with searching different services that allow you to hire or rent out different equipments. For instance you can get help from earthmoving Perth as they will provide you with this machinery on the times that you need
 them.

However, before you decide on whether you should buy or rent an equipment, you will need to first examine a few factors that will affect your decision. As mentioned before, you will need to examine your budget and cash flow to see if you are in a capable state to purchase them. Rental can be easy as you will have to pay for it for the time that you will be using it. You may even underestimate the times that you will need such equipments in the future, and this is pretty common as well. However, it should be taken into consideration that if you are constantly in need of a certain equipment, it will be better to purchase it than rent it. To lower such costs, you can try purchase a used a equipment which is still of good quality and use.

The cost of owning or renting machinery is an arguable debate because of how both have its perks and limitations. When you own equipment, you will have to look into its insurance and government fees by yourself. However, if you are renting, then these things will be maintained by the rental company. Nonetheless the fees and insurance costs will be marked up in your rental price. If you are renting out equipment, then it will be delivered to your doorstep, and will be charged for the transportation as well. Similarly even if you own it, you will still have to face transportation costs. In order to clarify these points, you can always seek help from financial advisors, to ensure that you are on the right track.