Toyota Camry, Chevy Malibus, Kia Optimas, Mazda 6, Ford Fusion, and Hyundai Sonatas are cars that are built in the hundreds of thousands and will have parts on parts for if, and when you need them. Most of the time, you don’t need something truly flashy for your first time on the road.
Experts recommend that you spend $5,000 to $10,000 on your first car. But honestly, it all comes down to what you can afford.
What is a good car for first time? – Related Questions
How much should a 16 year old spend on a car?
It’s generally suggested that parents cap their spending limit at around $10,000 for their teen’s first vehicle, and most stick to used ones. If you stick to this guideline, then the most you need to save is around $2,000.
How long do people keep their first car?
Currently, the average time to hold onto a first car is 4.2 years. As for how far their first car was driven, numbers seemed to hover around the 40K mile range.
What is a good price for a car?
According to Kelly Blue Book, at the end of 2021, the average new car costs more than $47,000, and used cars average above $27,000. 12 Of course, you can buy a brand new car for as little as $16,000, and decent used cars can be picked up for a few thousand.
How much should I save for my first used car?
If you plan on buying a regular car worth say $30,000, you’ll need to have at least $6,000 saved up. Most auto financing dealers allow you to deposit at least 20% of the car’s total price upfront and make monthly payments for the balance.
How much money should I spend on a car?
Calculate the car payment you can afford
NerdWallet recommends spending no more than 10% of your take-home pay on your monthly auto loan payment. So if your after-tax pay each month is $3,000, you could afford a $300 car payment.
Auto experts say the lowest price for a reliable used car is about $2,500. But they’re quick to note that every additional $1,000 in your budget will allow you to get a newer car that’s been driven fewer miles.
How much car can I afford salary?
Financial experts say your car-related expenses shouldn’t exceed 20% of your monthly take-home pay. So, let’s say you bring home about $2,500 each month. The total amount you should spend on your car — including loan payment, gas, insurance and maintenance — is right around $500.
How many miles can a car last?
A conventional car can last for 200,000 miles. Some well-maintained car models will reach 300,000 or more miles total. The average passenger car age is currently around 12 years in the United States. Choosing a well-built make and model can help extend your car’s longevity.
What is the cheapest Tesla?
The 2022 Tesla Model 3 has an official starting price of $46,990 for its base rear-wheel drive (RWD) trim. This makes it the cheapest Tesla car currently offered. The Model 3 is Tesla’s cheapest vehicle. It will set you back between $46,990 and $77,990, depending on trims and customizations.
Are Teslas expensive to fix?
Yes, Tesla vehicles are quite expensive to fix. According to RepairPal, the average yearly Tesla maintenance cost is about $832 per year. The average among all car brands was a much lower $652 per year. Teslas also have the third-worst reliability score among all automakers.
Is Tesla charging free?
Once upon a time, all Tesla
Tesla
A Tesla destination charger, also known as a High Power Wall Charger (HPWC), is virtually the same as the device most Tesla owners have installed at home. As well as Tesla providing a unit to each new Tesla owner they also provide one, and sometimes two, complimentary chargers to approved businesses around the country.
A guide to Tesla destination charger etiquette – The Driven |
cars got free lifetime charging
When the Model 3 was introduced customers received non-transferrable free Supercharging, however as the company grew and worked towards maintaining profitable quarters, the company cut the perk in May 2020.
How long do Teslas last?
Tesla car batteries are said to be designed to last 300,000-500,000 miles (as purported by Tesla CEO Elon Musk), or about 21-35 years, based on the average amount of miles driven by Americans in one year, which is typically around 14,263.
Tesla’s battery warranty.
Model
Battery warranty
Model X
8 years or 150k miles
Do Teslas need oil?
Unlike gasoline cars, Tesla cars require no traditional oil changes, fuel filters, spark plug replacements or emission checks. As electric cars, even brake pad replacements are rare because regenerative braking returns energy to the battery, significantly reducing wear on brakes.
How long can a Tesla sit without charging?
These results suggest that you can leave your Tesla car parked for even a couple of months unplugged if you have a charged your car at least 70 -80%. This gives Tesla owners the peace of mind when they’re away from their cars on a long vacation.
How much is a Tesla battery?
The average battery replacement cost for a Tesla battery not under warranty can be anywhere from $10,000 to $20,000 or more, depending on the severity of the damage. That cost includes not just the battery, but parts and labor.
How much does a Tesla add to your electric bill?
Across all Tesla products, the average charging cost per mile is 4.56 cents per mile. So, if you only charge your Tesla at home, you can expect your electricity bill to increase by about $50 each month. How long does it take to charge a Tesla?