Calculate cost of ownership with car financing
Posted on Monday, October 22, 2012 at 4:37:14 PM
More consumers are considering electric cars because of their superb gas mileage, according to the Los Angeles Times. With some regions citing $5 or $6 per gallon of gas, SUVs are not as attractive to shoppers as they used to be, and even some sedans will prove costly to fuel. That's why customers need to consider what their monthly car financing payment will be, before adding on gas and insurance costs to see how things even out.
USA Weekend wrote that people need to take better care of their cars in order to reduce ownership costs in the long run. Simple things like maintaining proper tire pressure and doing regular oil changes can make a car perform better. This will make managing car financing much easier, too.