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Total cost of owning a car

The total cost of owning a car can be determined by several different factors. While the price you pay for the car is certainly a large factor, it's not the only cost that needs to be considered. You must also consider how much it costs to maintain, insure and fuel the car.

Why do these other costs matter when you're determining the total cost of owning a car? Let's say that you spent $1,000 putting new brakes on a car that you paid $500 for. With that additional cost, you have now effectively paid $1,500 to provide yourself with a vehicle. If you pay $500 a year over five years to insure the car, that will add up to an additional $2,500 to keep your car on the road. If you spend $100 a month on gas for your car, you will end up spending an extra $1,200 per year.

There are many tools available to those who wish to compare the cost of ownership of one vehicle with another. For example, if you wanted to compare a Sonata with the , you can get a rough estimate of how much it would cost, over a period of several years, to own the Sonata as compared to the Tacoma.

If you don't like the thought of putting a lot of money into a vehicle, it may be worthwhile to buy new instead of used. While a used car may still come with a warranty, a new car will also come with a warranty, but may also have better gas mileage and cost less to insure.

Getting the best value for your money when you buy a car is easier to accomplish when you understand the factors that go in to the total cost. Knowing this figure will help you to determine if you want to buy new as opposed to used, or if buying a car with a lower sticker price is really the better deal compared to a car that may have a higher sticker price.

Toyota Camry gets a new look

Will Michigan ban direct Tesla sales?

One of the lamer trends we're seeing these days involves states banning the direct sales of Tesla cars by implementing laws to protect the dealer model. This is a pathetic example of crony politics and standing in the way of innovation and free markets.

These bans are already in place in New Jersey, Maryland, Texas and Arizona. Now Michigan is poised to do the same, and Tesla is legitimately .

Lebron James endorses Kia K900

There Are Several Advantages to Buying a New Car

The new car market is packed with plenty of exciting vehicles. Here are some of the advantages of choosing to purchase a brand new ride.

The majority of new cars come with a very lengthy warranty. In fact, some vehicles are backed by a 100,000-mile powertrain warranty. If the vehicle develops a problem during the warranty period, the automaker will cover the cost of the necessary repairs. This helps the car owner save a lot of extra money in the long run.

Oftentimes, an older vehicle will suffer from a lack of modern features. While some of these features are designed to increase comfort, there are others that enhance the vehicle’s safety. A few of the most intriguing features to hit the market include blind-spot monitoring, rearview cameras, Bluetooth connectivity, LED daytime running lights and touchscreen interfaces.

With the proper maintenance, a new car should last longer than a used vehicle. Although a new car will be test-driven by a few people, the total mileage will still be very low. This is a big advantage to motorists who plan on keeping their vehicle for a long time.

Although used vehicles have a lower price tag, new cars are provided with better financing rates. Some car dealerships also offer various deals throughout the year. For example, the offers 0% APR financing. This helps to relieve some of the financial burden of owning a new car.

Automakers typically make gradual improvements to a vehicle. Although every case is different, a new vehicle should be better than the outgoing model. This is especially true for vehicles that have been completely redesigned.

The entire experience of shopping for a new ride can be very exciting. It is actually a dream come true for some drivers.

Caring for you Toyota 4Runner

Lexus introduces badass RC F Coupe

Lexus has introduced the successor to the F performance sedan with the new Lexus RC F coupe. This badass vehicle can hit 60 MPH in 4.4 seconds and has incredible handling.

Lexus has been upping its game with its F models and F SPORT versions of its entire line, so suddenly this stodgy luxury brand is becoming known for speed, styling and performance as well.

Be prepared: what you must remember in case of a car accident

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