: Budget approximately $1,384 annually for routine repairs and upkeep.
: Put at least 20% down to avoid "negative equity" (owing more than the car is worth). buying a car as a student
: Average fuel costs are currently around $1,650 per year for typical mileage. 2. Choose the Right Vehicle : Budget approximately $1,384 annually for routine repairs
For most students, a well-maintained used car or vehicle is the smartest financial move because they depreciate much slower than new cars. Top 2026 Recommendations for Students: : Budget approximately $1