If you don’t have your own car and are thinking about getting one, do your research and calculate how much it will cost you.
There are lots of different ways to finance the purchase of car, each with their own pros and cons depending on your circumstances. Make sure you do the research before making a commitment as the consequences of not keeping up with payments can be serious. You can find out more about the different ways to finance buying a car through the Money Advice Service website.
You also need to think about how much you will spend on fuel, road tax, insurance and parking - not to mention unexpected repairs or MOT costs. Compare this to the cost of public transport before making your decision.
This Car Costs Calculator is a good place to start.
You can also use websites to calculate how much you will spend on petrol.
It’s also important to shop around for the best deal on car insurance. You can do this on price comparison websites such as uSwitch, Compare The Market and Go Compare. Just remember that some insurance companies will not appear on price comparison sites.
If you already have your own vehicle and are planning to use it to travel to campus, you should remember to consider whether parking is available on campus, and the additional costs associated with this if applicable.