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What Your Car Really Costs: How to Keep a Financially Safe Driving Record Few of us fully appreciate what the costs of owning and operating a car amount to over the course of a lifetime. The estimated average cost of owning and operating a standard-size automobile over the expected driving lifetime now is over $250,000 - a quarter of a million dollars! All told, you probably will spend more of your disposable income on automobiles than on virtually anything else, except food and shelter. Of course, car prices will only increase and you and your family's drivers need to know about the long-term costs of owning and operating different types of cars. The 2004 updated edition of our popular book contains much valuable information for anyone who owns a car or has plans to buy a new or used car. It tells you * How to keep your automobile expenses in perspective. It also includes value rankings of 1997-2003 used cars, light pickups, sport utility vehicles, and vans. Whether you are buying new or used, you should consider the "investment value" of your automobile. What your Car Really Costs also is useful for younger drivers who may be looking for their first car. The actual costs of owning and operating an automobile are far more than simply making the monthly payment. You can help protect your family's financial future by introducing your young drivers to the fundamental financial demands of car ownership. |
Types of Trusts
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