No Deposit Car Insurance: Dollar for Dollar

No Deposit Car Insurance: Dollar for Dollar

How finding cheap no deposit car insurance helped me

I was getting really frustrated trying to save up for a car. Between school and soccer, I didn’t have that much time to work. But I really needed a car.

Quitting soccer was not an option because I got into college on a scholarship and there was no way I was giving that up. I started complaining to my mom and dad about it just because I was so frustrated. I mean, I really wanted to work. But I also knew I had to keep up with soccer and my school work. Like, nothing could wait. Everything had to be a priority. Which meant that working and buying my car couldn’t be.

My parents made me a deal at the end of last school year. They said they’d match whatever money I was able to save over the summer, which was pretty sweet, actually. I felt a lot better after that and worked as much as I could while I had the chance. It was so much nicer knowing that I was essentially working for twice my hourly rate since my parents were matching everything I saved.

I barely spent any money all summer. I mean, I went out with my work friends at the end of our shift and split pizzas and played video games in the arcade on weekends. But I was generally really careful. And right before school started, I told my mom and dad what I’d managed to save. They stayed true to their word and matched me, dollar for dollar.

When we went to buy my car, there were a lot of decisions I didn’t expect to have to make. Like, I knew I was going to have to get insurance. But I didn’t know is very cheap car insurance with no deposit was a thing ( Later learned that it was: http://www.cheapcarinsurancenodeposit.com/). I didn’t have any credit history. I wasn’t sure how this was all going to work.

I wanted to pay for my car in cash but decided instead to use it as a down payment and finance what was left. It wasn’t actually that much money I was borrowing. Plus, it helped me build my credit and let me get a car that was a little newer and wouldn’t need major repairs as soon as some of the cheaper models.

I worked hard for that car. But I wouldn’t have been able to do it without my mom and dad. They really came through for me, helping me get a great car while still encouraging me to work hard.

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