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Do affordable starter cars still exist?

– moneysense.ca

“There’s no such thing as a starter brand new car anymore,” said Michael Bettencourt, a longtime auto journalist and co-author of an upcoming book on buying an electric vehicle in Canada. He is also a father to a 17- and 20-year old—the latter of whom will be shopping for a car soon.

With two sons that age, insurance is a nightmare, Bettencourt said. If you have a few models in mind, check out insurance rates for those vehicles before you start shopping.

“Find a site that will compare multiple insurance rates at once,” Bettencourt said.

“If you’re looking between two cars … you could easily be paying much higher insurance rates on one versus the other. That may be (thousands a year) that’s better spent on paying off student debt, right?”

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