Savvy drivers know what to look for when browsing around a car dealership. The Manufacturer’s Suggested Retail Price is not the most important factor in the decision about purchasing a new vehicle. There are certain long term costs associated with taking ownership of a car. These expenses can add up gradually and strain the budget of drivers that never considered the cost of ownership.
Many auto makers try to design vehicles that come with small long term expenses. Drivers simply want to pay their monthly bills for financing and minimize any other costs associated with driving a car. However, some expenses simply cannot be avoided when getting behind the wheel of a vehicle on a daily basis. Drivers hate to stop at gas stations and watch the charges that are displayed on the gas pump. The only way to control expenses on fuel is to buy a car that is efficient.
A traditional gasoline engine can only offer up to 40 miles per gallon in a compact car. By contrast, hybrid sedans and crossover SUVs can get much better gas mileage. Taken to another level, pure electric vehicles eliminate any refueling costs although there are some expenses associated with recharging such cars.
Repair and maintenance are other factors that influences a car’s cost of ownership. Some vehicles tend to break down due to specific design features such as the layout of the engine block or the materials used in the brakes. Similarly, tires must be replaced about once every two years or even more frequently. New wheels and rims might be needed in order to prevent dangerous situations such as malfunctions of the brakes and loose tire rolling motion.
A car comparison app can be used to shop around for a new vehicle while considering long term expenses. Mobile phones make it easy to compare and contrast some of the projected resale value of the latest vehicles. Additionally, smartphones could download apps that show a list of some expenses that owners should expect through a lifetime of driving a particular model such as a full size sedan or crossover SUV. http://www.toyotacostofownership.com/
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