| Tip 3 - Regular Maintenance And Repairs | | | | be surprised to discover how much, how quickly, and |
| This is one of the hidden expenses of owning an | | | | the disparity between different models. |
| automobile. The fact is, when somebody visits a | | | | It is estimated that vehicles lose more than half their |
| dealership lot, the last thing they're thinking about is | | | | value during their first five years. Some models lose |
| how much they'll need to pay for auto body repairs. | | | | their value more quickly than others based on |
| Maintaining and repairing your car is inevitable. The | | | | available inventories, popularity, and even the cash |
| older it gets, the higher the likelihood that its parts | | | | incentives offered by automakers and dealerships. |
| and systems will fail. The important thing to realize is | | | | When you decide to purchase a new car, consider |
| that certain models are more expensive to repair | | | | the initial price in the context of how much it will |
| than others. And while your warranty will cover the | | | | actually cost to own the vehicle. In other words, |
| first few years, it won't last forever. | | | | don't be swayed simple because of a low sticker |
| Tip 4 - Depreciation | | | | price. Consider the factors I've listed above to make |
| Finally, we come to the largest expense of all: | | | | sure you're still happy with your purchase several |
| depreciation. Most people understand that | | | | years down the road. |
| automobiles depreciate. But, more than a few would | | | | |