heavy traffic downtown

November 27, 2019 2 min to read

Future cars: the hidden expense of a tech-heavy vehicle

Category : Cars

The Jetsons envisioned us flying to work each day. Back to the Future made the case that we would one day drive through time.

Elon Musk sent his car into space. Since the advent of automobiles, people have been speculating, both in real life and in fiction, where cars might take us next and how technology might improve our commutes.

Well, to some extent, the future is already here.

Sure, we may not be flying to work or through time (yet), but today’s cars are outfitted with tools and gadgets that early car makers never could have imagined.

Car tech can help you brake, help you steer, help you see, even help you check your stocks or catch up on social media on your way home from work.

In the midst of all the futuristic thinking and technological advances, though, there has been one thing long left out of the reality.

Not only are gadget-filled cars more expensive than vehicles without all those extra bells and whistles, but, due to the increased chance for distraction, they come with higher insurance rates too.

So, while some tech advances in vehicles, such as those designed to enhance safety or reduce fuel consumption, can reduce your expenses, others, like built-in computer systems, can jack your expenses beyond the car payment itself.

First, the money savers.

Eco-Technology

People have different reasons for driving battery-powered vehicles. For many, it’s the environmentally-friendly choice.

For others, saving money on fuel costs is a major motivator. Electric vehicles are more expensive than comparable gas-powered vehicles, though, which means, if you’re looking into an electric to save money, you’ll need to do the math.

The more you drive on a daily basis, the more money you’re likely to save with an electric vehicle.

If you work at an office, it may not be worth paying the higher price for electric, because your fuel expenses may never counteract the extra few grand you spend up front.

If you work as a realtor, insurance agent, or delivery person who spends much of the day on the road, however, you’re likely to see some savings.

Safety Features

Any feature that increases the safety of your vehicle can save you money on car insurance. Airbags, for instance, are considered passive restraint systems, and will get you a big discount when it comes to your car insurance when compared with seatbelts alone…
 
Continue reading the article and learn more about cars on LifeIsAnEpisode.com.
 
 

You may also like these articles

  • How to get rid of your junk car and earn money at the same time
    Managing the matter of the junk car that sits on your driveway can be quite unpleasant. Most certainly you feel like being stuck with a pile of scrap metal in your hands.This usually happens when the repairs costs of a car exceed its value. Instead of paying all that mo...
  • Important things to know about electric cars
    Now that you are thinking of buying a new car, it is a good time you learn some essential things about an electric vehicle (EV).Who knows? You might think of owning one and ditch the idea of a gas-powered car. The experience of owning an electric car is unique and adven...
  • Ways to make money out of junk cars
    You probably have a junk car sitting idle in your backyard, lawn, garage, parking lot or any other place in your compound rusting away.Interestingly, that junk car contains valuable resources which can be reused or recycled. Never make a mistake to assume that because y...
  • Driving security tips you should know
    Being safe while driving is vital. After all, you aim to reach to your destination safe and sound. Sometimes, this becomes a problem due to many occurrences such as car jerking, severe weather conditions or chaotic traffic jams.These are things you cannot avoid whether ...
  • How to stay safe while on the road
    You can’t avoid using the road to go about various activities. Therefore, you need to have tips and techniques to protect you from accidents.Whether you are driving, being driven or walking along the road, you have the responsibility to keep yourself safe. You also must...
  • 8 common mistakes people make after car accidents
    Getting into a car accident is one of the most stressful events. Drivers sometimes make deadly mistakes that result in collisions.A car accident can have a detrimental impact on your life. While it may be unfortunate for you to get into an accident, it’s crucial to know...

Leave a comment