Buying a Vehicle
1. Don't drive into debt
Don't drive into debt - don't let this story happen to you!
Corporal Pat Richmond was 20 when buying a car for the first time from a car yard. The car dealer arranged the finance. Pat decided not to bother with insurance, instead saving money for a car stereo. A few months later, when driving home from the base, Pat smashed into the back of another car. Pat's car was completely written off and the other car needed thousands in repairs.
Now Pat is heavily in debt and has no car. Pat still has to pay off the car loan and the other car owner for the repairs. Pat's partner Sam got an extra job to earn more money but it will be another two years at least before they can clear their debts and even think about getting another car.
Unfortunately Pat's situation is not uncommon. Find out how you can avoid driving into debt by reading the tips and advice in this website.