Understanding Cost of Ownership

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How does the cost of ownership affect vehicle cost?

Understanding Cost of Ownership

When you are considering a new car purchase, make sure you consider the cost of ownership—buying a new car isn't just about the sticker price. Let's say you are trying to decide between an Infinity G35 and an Acura TL. Once you weigh the cost of ownership for each vehicle, that will likely help you focus your choice. Cost of ownership includes things such as:

• Insurance costs
• Registration fees
• Fuel efficiency
• Routine
• Extraordinary maintenance

The cost of ownership varies widely depending on the make, model, and style of car you choose, so pick wisely.

   

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Jerry Mayo