If you are looking to buy a car for the first time, you may not know what are the additional costs that you have to pay when owning a car, so you may want to save some of the money for those costs. Today we will introduce you to the expenses when you get your new first car
1.Gasoline
Gasoline is pretty much essential to your car. You may refuel every week or every month, depending on your driving habits. Nowadays, there are cars made to save fuel, such as hybrid cars.
2. Insurance
There are many types of car insurance in Laos, you can choose the one that suits your car, but if you have an accident outside of coverage, you will have to pay the excess yourself (for example, when your car got hit and run, and you couldn’t find the disputant).
3. Technical check-up and Road Tax
The technical check-up fee and road tax depend on the type and size of the car. For example, you have a 1,600 cc sedan, you will pay 150,000 kip, and for the technical check-up is 100,000 kip
4. Maintenance fee by distance
Normally, when the driver has reached a specific distance, you have to take the car to the car service center for a checkup to make sure the car is working normally. The cost depends on the size of the car and on how many spare parts are needed during that checkup.
5. Main Maintainance fees
In addition to the maintenance cost by distance, if any parts of the car are damaged or deteriorated, it is necessary to replace the parts so that the car can be operated normally. If your car is still under warranty, the parts will be replaced free of charge. The parts that usually need to be changed frequently are the battery, the leaflets, or the tires
6. Car Care Expense
It is the added expense to keep your car squeaky clean and like new, the usual are car wash, polish, paint-glass coating, as well as other products purchased for the car, such as car wash shampoo, car seat coating, vacuum cleaner. If you think about it, it is quite a huge spend for one year.
If you are planning to buy a car for the first time, don’t forget to consider the following costs!
Written By: Vanida Souvannavong
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