You’ll always have to Budget in your life – even millionaires keep their millions by having a good budget to stick to – and although it’s good practice to do it, it’s also important to know why you’re doing it specifically (it will help you be more motivated and keep to your budget, even if it’s tempting to stray). 

Something we can use as a great example is your car. You don’t want to pay too little for a car as that could be a big mistake, and although you also don’t want to go overboard, spending a decent amount has a number of benefits, and once you know what they are, budgeting and saving so you can get a good car will make more sense, and you’ll be more likely to do it. With that in mind, here are some of the reasons why you need to budget for a good car and not a bad (cheap) one. 

Long-Term Savings

At first, a more budget-friendly car might seem like the best thing to buy because it will instantly save you money. However, there are issues with this way of thinking that could leave you with plenty of problems that you hadn’t anticipated, all of which will cost you a lot more than paying a little extra for a better car would do. 

The cheaper cars will usually have worse fuel efficiency, for example, and they’ll have much higher maintenance costs (plus they tend to break down more often). They might not have much in the way of Accident prevention technology either, which can lead to hefty repair bills or higher insurance – or both. By investing in a good car from Cupra dealers upfront, you’ll save money on fuel, repairs, and more, and all added up, you’ll probably be paying less in total. 

Reliability

If you’ve ever driven past a driver who’s broken down and is waiting for help at the side of the road and felt bad for them, you’ll already have a great reason to budget for a better car and not buy a cheaper but far less reliable one. 

When you buy a car that’s known to be reliable, you’ll reduce the risk of breaking down on your way to an important meeting or getting stranded in the middle of nowhere and having to walk to find help (or a phone signal). That gives you peace of mind that you can go where you need to go when you need to go there, and you’ll save money on repairs, as we mentioned above. 

Safety Considerations 

Your Safety and the safety of your passengers has to be a priority, and better, newer cars will have all the latest gadgets that boost the safety rating of the car and ensure you’re kept protected even if you do have an accident (although that tech can often help you avoid accidents as well). 

An older, cheaper, less well-made car won’t have those safety features, and if you got into an accident, your car and yourself might come off much worse than if you’d spent a little more and got a safer vehicle right from the start.