Nowadays a lot of people have their own car and sometimes some people dream of having their own as well. With that being said having a car is either considered as a need or a like.
The main benefit of having your own vehicle makes it easier and accessible to travel. They have the independence and freedom to go anywhere they want to be. They can go anywhere without relying to others and no hassle of booking or using public transportation. For example, when they want to explore other places they can just easily reach their destination in an instant. Secondly, when you own a car, one of the benefits is privacy. If someone does not live in a certain place for so long the car can serve as their temporary house. This is also true, if you want to store your belongings in a safe place. Lastly, it also helps in saving time. Without a car a person will rely to the schedule of the public transportation schedules. This can also result in many unwanted changes. For instance, if you are on call for a job you can just directly go to your job without wasting time waiting for any available transportation
On the other hand having your own car can be expensive like the monthly cost. If you financed a car you will have to save some money to pay the car fully. You also need to save some money for the scheduled or unexpected maintenance for the car to be reliable and run smoothly. For example, car owners save atleast 10% which is high for a person’s salary. That can be used for other types of bills such as grocery or emergency funds. Secondly, the cost of gas. These days the price of gasoline is soaring high because of the high demand. Lastly, another drawback is the insurance premiums. Every vehicle needs to be insured incase of any accident. Whatever it is insurance can be higher when something happen unexpectedly that can also affect the budget of the owner.
From my own perspective, owning a car has its pros like providing comfort and management of time of the owner. But it can also have the greatest drawbacks of investing money on it.
Nowadays
a lot of
people
have their
own
car
and
sometimes
some
people
dream of
having
their
own
as well
. With that
being said
having
a
car
is either considered as a need or a like.
The main benefit of
having
your
own
vehicle
makes
it easier and accessible to travel. They have the independence and freedom to go anywhere they want to be. They can go anywhere without
relying
to others and no hassle of booking or using public transportation.
For example
, when they want to explore
other
places they can
just
easily
reach their destination in an instant.
Secondly
, when you
own
a
car
, one of the benefits is privacy. If someone does not
live
in a certain place for
so
long the
car
can serve as their temporary
house
. This is
also
true, if you want to store your belongings in a safe place.
Lastly
, it
also
helps
in saving time. Without a
car
a person will
rely
to the schedule of the public transportation schedules. This can
also
result in
many
unwanted
changes
.
For instance
, if you are on call for a job you can
just
directly
go to your job without wasting time waiting for any available
transportation
On the
other
hand
having
your
own
car
can be expensive like the monthly cost.
If
you financed a
car
you will
have to
save
some
money to pay the
car
fully
. You
also
need to save
some
money for the scheduled or unexpected maintenance for the
car
to be reliable and run
smoothly
.
For example
,
car
owners save
atleast
10% which is high for a person’s salary. That can be
used
for
other
types of bills such as grocery or emergency funds.
Secondly
, the cost of gas. These days the price of gasoline is soaring high
because
of the high demand.
Lastly
, another drawback is the insurance premiums. Every vehicle needs to
be insured
incase of
any accident. Whatever it is insurance can be higher when something happen
unexpectedly
that can
also
affect the budget of the owner.
From my
own
perspective, owning a
car
has its pros like providing comfort and management of time of the owner.
But
it can
also
have the greatest drawbacks of investing money on it.