The Disadvantages of Owning a Car
Over the last few of weeks the UK has been hit with some of the most extreme weather we’ve seen in ages. The first week of February brought the heaviest snowfall we’ve seen for 18 years, leaving hundreds of schools closed and 6 million people stranded unable to get to work. Most public transport was disrupted or canceled completely, and many roads were deemed unsafe due to the icy conditions and closed off.
The continuing bad weather is a real worry for drivers, with an increased risk of accidents on the icy roads as well as other problems caused by the extreme conditions. There have been a number of incidents of sudden heavy snowfall trapping drivers in their cars, while in other parts of the country the melting snow has been replaced with heavy rains and severe flood warnings have been issued on the roads.
All this is bad news for car owners, not only because of the heightened risk of driving on the roads, but also because a damaged car can be a costly business. With the recession affecting us all, most people really couldn’t afford to splash out on a new car if something were to happen to theirs. And that is the real problem with owning a car. It’s brilliant until something goes wrong, then it can suddenly become horribly expensive. You might think it won’t apply to you, that you’re a safe driver who won’t get into that sort of situation. But as the last few weeks have proved, you can never help what happens on the roads, and you certainly can’t predict it.
The problem is that once you have paid for a car it becomes entirely your responsibility. Then the older the car gets the more likely it is to go wrong, especially in extreme weather conditions, and the more money you’ll have to shell out when it does. And even when you get it fixed, it still won’t be worth half what you paid for it in the first place as a car only ever decreases in value over time.
The people who manage to avoid these worries are those who opt for a car contract hire deal instead of buying a car outright. It doesn’t mean the car’s not yours, it just means that you pay for it in regular monthly installments and often you get additional benefits thrown in as well like road tax and servicing costs. So if something did happen, you wouldn’t have to foot the whole bill yourself. And the best thing is that when the contract hire expires after a couple of years you can trade the car in for a new one, meaning you’ve always got the latest updated model. And as you’ll always be driving a new car, it won’t have had time to wear out and is less likely to break down in the first place!
