What are the True Costs of Driving?

By Friday, February 17, 2017 0 No tags Permalink 1

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f you’ve been putting off getting a licence for various reasons, then you aren’t alone. In fact there are plenty of people out there who just have little to no interest in ever getting one. As you try to figure out if you do indeed need and want a licence, you may want to take the time to consider the true costs of driving. Sure it’s easy to come up with all the pros to having your licence, but it’s also a good idea to look at the full picture.

 

The First Stages

You can begin the process by filling in the appropriate form for a DVLA provisional driving licence. Along with this form you must also meet the requirements (age and the fact you are a resident of Great Britain), and pay a fee of £43.00. Once you receive this provisional licence you are able to drive with a supervisor while you prepare for your practical and theory test.

Preparing for each of these tests can involve more costs. People often hire a driving instructor to help them with the practical part, and may look into dedicated services that help with the theory portion of the test. Top Tests’ website is a great place to find information that will help you pass the theory portion with flying colours.
Once you are ready to take each of the tests, there are more costs involved.

 

True Cost of Driving

 

Now you’re a Licenced Driver

Now that you’ve passed your theory and practical tests, it’s time to think about car insurance. Here’s where things are really all over the board. It’s never a good idea to just go with the first quote you get because as you’ll discover, every company will offer a different type of policy and at a different premium. Unfortunately as a first-time driver there is a good chance your insurance will be on the higher side of things.

The next costs/expenses to consider include the actual vehicle itself. Do you plan on owning a car so you can make use of your licence? If so, you’ll want to sit down and create a budget so you can figure out what kind of car payment you can afford. You’ll want to have some sort of budget in mind before you start shopping so you don’t end up getting in over your head.

Now if you think the car payment is expensive, wait until you start looking into parking. The U.K. is notorious for expensive parking, but nowhere is that more obvious than in London. This factor alone can make it unrealistic for people to own cars.  Think about this, a private car park in Kensington House is usually sold at just under £500,000 for the year!

 

True Cost of Driving

 

Is it In the Cards?

By taking a look at all the costs involved, including other items such as maintenance and fuel, it may be that a car just isn’t in the budget at the moment. Then again, it may still prove to be cheaper and more convenient than your current transportation option.

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