Is buying a new vehicle really a good decision? While you may love that fresh, new car smell, and you may love the fact that you can easily count on the long-term warranty, there are other factors to think about before you make that ultimate buying decision. In short, you need to be sure you have factored in insurance. This is a big investment, but with the right facts, you can ensure you know exactly what to expect.
Know What You Are Buying
Insurance aspects aside, be sure that you are making a wise buying decision based on your ability to repay any loan you take on. You also want to consider if the vehicle is worth the cost to you. Does this vehicle have all of the features you need or is it one that is based on your “wants” instead? Only you can determine if the purchase is a good decision, but it is possible to look at this from a financial standpoint.
Is a new vehicle a good buy? Most insurance companies have no problem providing full coverage to you for new vehicles. They are in good condition and less likely to require significant repairs. However, there are a few other things to consider.
- Sports cars are often much higher priced insurance-wise than your typical sedan. They are considered a higher risk to insurance companies.
- If you buy new with a car loan, the lender will likely require that you have full, comprehensive coverage on the vehicle. This is a requirement until you pay off the loan in full. Only then can you drop down to your state’s minimal requirements.
- Buying a new car is often more expensive to insure than purchasing a used one. The value is significantly higher and that means it will cost more overall to protect.
Think about your needs for this new car. Are the financial aspects of the purchase in-line? If so, the long-term benefits of owning a new car are worthwhile. Look for the most affordable insurance policies by working with an independent insurance agent. This way, you do not overpay for the insurance product you need.
Should you buy that new car? It is up to you to determine if this purchase is good for your bank account and your personal needs. If you are still concerned, talk to your agent before making a buying decision.
Your doctor would advice you not to ignore minor symptoms related to health. Similarly, do not ignore even the minor sounds or smell from your vehicle. It can simply mean, it needs a mechanic. Below are some signs you might not want to ignore. A precaution can avoid accidents or break down of your vehicle.
Some one can be so addicted to listening to music while driving. It’s good to turn off the music once in a while and listen to your car. If you can hear any sound then your car is trying to tell you something. Sounds like ticking, clunking and louder clicks are warning signals. Clunk sound indicates a bad shock absorber. Ticking when the car is on rest indicates need for oil change. Loud clicks signals problem with CV joints. When ignored, the damage could be expensive to be repaired.
Other sounds like grinding, squealing and squeaking are mostly related to brakes and can be easily recognized. Worn out brake pads usually throw squealing noises, asking the owner for a replacement. Sometimes the squeaks can also be due to the dust, water, sand or other factors of environment. Grinding noise indicates improper functioning of brakes. However, louder grinding noise can be signs of major issues which needs a quick check.
Smells – Trust Your Nose
Strange smells such as something burning and fuel smell cannot be ignored. Burning smell could have caused flames. Stop and see if any flames are visible. If not, call a mechanic if the smell continues. Fuel smell can occur when there is a leakage. Be cautious, it can cause engine fire.
Lights to Warn You
Most of the vehicles manufactured will have in built warning lights. If something is wrong in your vehicle, these lights signal you. However, a tripped connection can be really hard for you to analyze the problem. If the temperature or oil light signals you, then immediately call for help. Lights from tire pressure and engine check can have a mechanic looked upon in a day or two.
Carbon monoxide is a toxic gas which is odorless and colorless. It simply means you cannot smell or see carbon monoxide, but when at high levels in minutes a person can be killed. When at lower level it causes bland effect and the symptoms include headache, dizziness, fatigue, congestion of chest, nausea and confusion. This effect differs from one person to another depending on their age, immunity and exposure length. Carbon monoxide is apparently emitted due to burning of fuels such as gas furnaces, clothes dryers, water heaters, generators, gas stoves, tobacco smoke and ovens which are common appliances of home. Also, carbon monoxide is comprised in car exhaust. Prevent your family from being a sufferer of poisonous gas.
Reducing Exposure to CO
It is very important to avoid poisoning due to carbon monoxide. Check for proper ventilation of gas appliances. If you find any appliances of gas in home, it is very important for you to install a carbon monoxide detector listed by UL which can save your life. Use of proper kerosene in space heaters and keep flues open when fireplace is made use. If using wood stoves, make sure it is certified as per EPA emission standards. Do not keep your car idle in garage for long time and do install CO alarms. Have an expert or a professional who is well trained to clean, inspect and tune up the heating system such as flues, furnaces and chimneys often if possible or annually. Immediately repair if any leaks are found. Measures taken to protect your home and your lives can help in reducing your home insurance premium rates.
Clues to Witness CO
Though you cannot see and smell carbon monoxide, you can witness its effects. Rusting, traces of soot, loose furnace panel or chimney connections, debris falling from chimney, fireplace or appliances and moisture inside the windows. With these clues you can take the necessary preventive measures, keep all windows and doors open to get fresh air and consult your physician to tell him you suspect poisoning due to CO. If it has occurred then it can be often diagnosed by a simple blood test immediately done after an exposure.