Advice Prior to Purchasing a New Car

One thing that you need to know before heading to the nearest car dealer is the total cost that you will incur after getting a new SUV or sedan. The total cost of ownership may exceed your expectations, as these additional fees are not added to the price tag. Let’s explore the most common new car costs to take into consideration:

  • Insurance: A new car will have to be covered right away.
  • Fuel Cost: Filling up your car will need money that should be included in your budget.
  • Taxes: Registration and licensing a new car is mandatory and buyers need to look for money to be used for this.
  • Car Maintenance: With more time on the road, a car will need new tires with traction, regular oil changes, and more.
  • Depreciation: The more time you use a car, the lower the value it will have. Mileage will eat up the cost you bought it with.

For additional assistance, contact our qualified Volvo finance representatives here at Paul’s Volvo today!

Categories: Finance

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