Remember That The Cost Of Your Next Vehicle Goes Beyond The Monthly Payment

Shopping for a new car, truck, or SUV sure can be exciting, which makes it easy to get caught up in that excitement and find yourself overextending your budget by just focusing on the monthly payment for the vehicle.

What you want to do instead of that, is to consider all factors when it comes to the total cost of ownership on the vehicle. It is always a good idea to consider whether it is going to cost twice as much to register and insure your new vehicle than it did for your old one. Also, does the new vehicle that you are looking to buy require anything special as far as maintenance is concerned? For example, if you are stepping up to a 3/4 ton diesel truck from a 1/2 ton gas powered truck, it would be wise to take into consideration the cost difference on the oil changes alone.

Doing a little bit of research before you buy can help you to not be hit with surprise expenses later that bust your budget. Here at Gordie Boucher Mazda of Janesville, our finance team is very experienced with this and can help you to understand the full cost of ownership of your next vehicle so that you can plan accordingly.

Categories: Finance