Many people who are looking to buy a new car are looking for one that is the most affordable. But being affordable doesn’t mean just the sticker price of the car, it is important to take other expenses into consideration. Just like we want to save you money on your California auto insurance, John E. Peakes Insurance Agency, wants to help save you money on the car you are purchasing. If you want to save, make sure to check all these details before buying your next car.

1. When looking at specific types of cars, it is best to know which make and model holds its value the best over time.

2. The second most important cost to consider is how much you drive and the car’s fuel economy. With the gas prices rising to an all time high, buying a more gas efficient car will mean significant savings.

3. Yes, we do our best to get you the most affordable California Auto Insurance, but the type of car can make a difference in how much your policy will be. Although there are many different factors that affect your auto insurance policy, some cars are inherently cheaper to insure than others.

4. The maintenance cost of your car will make a huge impact on your finances. Higher end models usually cost more to get serviced, have repaired, or parts changed out so make sure to research these before you sign any papers.

Knowing what to look for when purchasing a car will save you money in the end. But taking a look at specific cars that are the most cost efficient can really set you in the right direction too. Forbes.com on Yahoo! Auto has created a list of the Cheapest 2012 Cars To Own. So take a look, at lease before you step onto those car lost, and feel free to call your John E. Peakes Insurance Agency to help you with any questions you may have. We are not only your California Auto Insurance Agents, but we are a resource for you to use. Good luck car hunting!