Car Buying and Costs

A simple Primer for a not so simple subject

The Car Expense

Depreciation Operation and Maintenance Payments Sales Tax and License Fees Insurance Fuel or Electricity

New Vs. Used

Used is Good if the car is taken care of by the first owner

New is good if the depreciation is low

Payments are for a long term and expensive financing can make a “good“ deal a bad one.

New car purchasing

Sticker Price Dealer Invoice Reality

Insurance

Minors pay the big bucks What you must have in Texas and why If you have an accident If you get a ticket Who should drive the car? What kinds of cars costs less to insure?

Depreciation

Cars get worth less each year Depreciation varies with the type and brand

of car you buy How much is my car worth KBB.com :\\www.kbb.com http Scams and value Salvage Titles and you

Fuel Costs

Think green and it will cost you less for fuel.

If fuel goes up in price what happens to car values

Why electricity is cheaper Why hybrids are more expensive.

Car Lust and You

Don’t go just looking Don’t think that sales people can’t make you

a offer you can’t refuse Why sales people are so good at what they

do. Why it is not just they guy you are talking to

at the dealership.

Cars are Cool Care and Keeping

Classics Car shows Car clubs Image and cars Marketing cars