Buying a Car
Buying a car is a big deal. Also, there’s more to pay than just the initial cost.
When buying a car you should make sure that you have enough money to purchase the car, register the car, properly insure the car and maintain it.
When you register your car you pay to legally drive and park the vehicle on the street. It is illegal to drive an unregistered vehicle on a public street and you can receive large fines for driving an unregistered vehicle.
You will also need to pay for Compulsory Third Party Insurance. Compulsory Third Party Insurance is third party personal insurance for people who are hurt in car accidents. It does not cover property damage caused by a car accident (for example, that means it doesn’t cover any costs for damage done to cars).
It is highly recommended that you have insurance to cover events like injuring another person in an accident or damaging another vehicle or property.
A higher level of insurance can also cover your car from theft and fire.