Owning a vehicle costs more than what the price tag simply states. Here are three of the most common expenses included in the true cost of vehicle ownership.
- Taxes are assessed on the purchase price of your vehicle on both the state and local level. If you want to pay fewer taxes, aim for a less-expensive ride.
- Every car owner that finances his or her car will be subject to interest, or a fixed percentage of your car's monthly payments. Securing a high credit score lowers interest rates.
- Maintenance is necessary, so factor in oil changes, brake repairs, tire rotations, and other common services.
At South Bay Hyundai, our support staff can help calculate the true, total cost of vehicle ownership. Let our honest team help you discover your individual cost of ownership today.
