Monthly Archives: March 2018

How to Budget for a Car

Middle Age – When you want to see how long your car will last instead of how fast it will go. 

The Major Vehicle Costs

There is no tool that can just blindly give you a prediction of your actual vehicle costs. In addition to your initial cost to purchase (which includes the purchase price, shipping, and sales tax), you have to add the following eight types of ongoing costs:

  • Depreciation
  • Interest
  • Taxes/Fees
  • Insurance
  • Fuel
  • Maintenance
  • Repairs