Most Overlooked Costs to Owning a Car
Most Overlooked Costs to Owning a Car

Most Overlooked Costs to Owning a Car

For various people, owning a car is one of the most significant purchases they would ever make in this life. The upfront price gets the most incredible attention. The cost of owning a car ultimately adds up to everything. There are items like fuel which are necessary. There are other costs which are not so obvious. If you settle and do your research, you would completely understand why many people stress about owning a car and properly using a car. Let’s talk about some of the most overlooked costs of owning a car which you need to know about before you go car shopping.

List of Overlooked Costs To Having and Owning a Car

  1. Vehicle Registration Costs

It doesn’t matter if you’re buying a used or a new car. You would need to register it in the state you live in. Going to a dealership could help you handle this for a fee. This also ensures that you have a reduced item to check off. If you purchase your vehicle from a transferred title or a private party, you need to take care of this from the DMV properly. After your first ownership year, you could renew all of your registration through the internet. The amount of fee would vary, and these depend on the laws of your state.

  1. Insurance Costs

The law requires insurance in almost every state. It also makes a lot of sense financially to buy a policy that protects and guards your car. Don’t you joke with this? If you end up having an accident and you do not have enough coverage, you might need to pay for this out of your wallets or end up going to court to face a lawsuit from the other parties involved. Insurance payments might not be exciting, but it could help make the financial side of being engaged in an accident less stressful.

  1. Fuel Costs

Purchasing fuel might not seem like a cost that is overlooked when one owns a car. For various people, it is an essential factor that helps them learn and decide the sort of vehicle which they need to buy. Whenever the prices of fuel fluctuate, one might need to stretch their budget. The great news is that there are various ways someone could save up on costs from purchasing fuel. Whenever you add all of these up, it could surprise you, in the end, the amount of money you would spend purchasing fuel.

  1. Upkeep and Maintenance

Do you want your car to run without giving you a headache properly? You need to keep up with the upkeep and the maintenance. You need to keep changing oil and handling practically every simple little thing before it turns into a big unnecessary thing. Simple critical items could always help save you from costly issues as you make use of your car. You would also need to keep your eyes on things like your windshield wipers, brake pads, and your tires. All of these are essential for you to be safe as you make use of your car.

  1. Vehicle Depreciation

The rate at which your car depreciates is another ownership costs that is greatly overlooked. Whenever one purchases a brand new vehicle, the value of the vehicle decreases over the first five years of the car’s life. This is an overlooked cost that could be adequately managed through upkeep and maintenance. This way, as the vehicle depreciates, it is not easily noticed.

At The Vantage Auto Group, we save you time, money and peace of mind when it come to Buying your New Car!

No need to deal with the headaches of sitting in a dealership for hours on end and haggling with pushy sales reps.  With our robust dealer network, we’re able to get wholesale pricing and guarantee the most competitive lease or purchase price on any new vehicle. We handle all makes and models, so you can be confident that we’ll find the perfect vehicle that fits your needs.

There are many places to lease or purchase your next vehicle.  The products are the same regardless of the source. So it’s the people who make the difference. Our staff is passionate about what we do. We are all car enthusiasts and understand your excitement about finding the right vehicle at the best possible terms. Along with our enthusiasm is our commitment to be transparent about your lease / purchase and our pledge that all dealings with us be fair, and yes, even fun!

Get Started Today With Your Personalized Car Quote from Vantage Auto Group!

Good credit, Bad Credit, or looking to get an approval, CONTACT US Today!  We work directly with multiple lenders to find the lowest possible lease rate on a new car lease. Come banks will even help us offer short term lease as short as 12 months if not ready to commit to a 2 or 3 year lease. We can even help you get out of your current car with our swapalease lease transfer program. when using our swapalease program, you will no longer be responsible for your current car.

Price Reflects TIER 1 Credit Approval. Prices are for new lease vehicles only. Images are for Display purposes only. Price Excludes local taxes, acquisition fee & DMV/title. Pricing, lease term, and miles per year may vary. All Incentives are Applied For Qualified Customers including Loyalty Rebate, Conquest Rebate, VPP Rebates, College Graduation Rebates, and Regional Rebates.

No need to deal with the headaches of sitting in a dealership for hours on end and haggling with pushy sales reps.  With our robust dealer network, we’re able to get wholesale pricing and guarantee the most competitive lease or purchase price on any new vehicle. We handle all makes and models, so you can be confident that we’ll find the perfect vehicle that fits your needs.

There are many places to lease or purchase your next vehicle.  The products are the same regardless of the source. So it’s the people who make the difference. Our staff is passionate about what we do. We are all car enthusiasts and understand your excitement about finding the right vehicle at the best possible terms. Along with our enthusiasm is our commitment to be transparent about your lease / purchase and our pledge that all dealings with us be fair, and yes, even fun!

 

At Vantage Auto Group, we save you time, money and peace of mind! No need to deal with the headaches of sitting in a dealership for hours on end and haggling with pushy sales reps. With our robust dealer network, we’re able to get wholesale pricing and guarantee the most competitive lease or purchase price on any new vehicle.

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