{"id":3147,"date":"2016-07-20T20:49:40","date_gmt":"2016-07-20T20:49:40","guid":{"rendered":"http:\/\/luxurycarmagazine.com\/en\/?p=3147"},"modified":"2016-07-25T20:50:06","modified_gmt":"2016-07-25T20:50:06","slug":"calculating-actual-cost-owning-vehicle","status":"publish","type":"post","link":"http:\/\/luxurycarmagazine.com\/en\/calculating-actual-cost-owning-vehicle\/","title":{"rendered":"Calculating the actual cost of owning a vehicle"},"content":{"rendered":"<p>If you are in the process of buying your next vehicle, you have probably calculated your budget many times over to make sure you purchase a car or truck that you can afford. That said, have you also taken into account the extra fees that you will have to pay that go beyond the simple monthly payment?<\/p>\n<p><a href=\"http:\/\/luxurycarmagazine.com\/en\/wp-content\/uploads\/2016\/03\/dreamstime_s_49240824.jpg\"><img loading=\"lazy\" class=\"alignnone size-full wp-image-3005\" src=\"http:\/\/luxurycarmagazine.com\/en\/wp-content\/uploads\/2016\/03\/dreamstime_s_49240824.jpg\" alt=\"negotiating the price of a new car\" width=\"800\" height=\"533\" srcset=\"http:\/\/luxurycarmagazine.com\/en\/wp-content\/uploads\/2016\/03\/dreamstime_s_49240824.jpg 800w, http:\/\/luxurycarmagazine.com\/en\/wp-content\/uploads\/2016\/03\/dreamstime_s_49240824-300x200.jpg 300w, http:\/\/luxurycarmagazine.com\/en\/wp-content\/uploads\/2016\/03\/dreamstime_s_49240824-768x512.jpg 768w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><\/a><\/p>\n<p>The fact is, these fees can sometimes add 50 % or more to the monthly payment of your vehicle, so you want to factor them into your calculations. Here are a few extra fees that you should plan for when buying your next vehicle.<\/p>\n<p><strong>Insurance and fuel<\/strong><\/p>\n<p>It\u2019s always a good idea to contact your insurance company to get a quote for the vehicles you are thinking about buying. This will allow you to factor the cost of insurance into your calculations, but more importantly you will avoid any nasty surprises that may come if you check the cost of insurance after you have purchased your vehicle.<\/p>\n<p>Fuel is also an important and recurring cost that you want to take into account. If you are buying the same type of vehicle as the one you currently own, the cost of fuel will probably be the same. But, if you are upgrading to a more powerful car, or buying your first truck or SUV, the difference may be significant.<\/p>\n<p><strong>Tires and maintenance<\/strong><\/p>\n<p>Tires and maintenance are costs we often forget, because they do not occur every month. Regardless, you want to plan ahead for the cost of maintenance and new winter and summer tires. Estimate how many times you will be replacing your tires, and divide that number by the number of months you plan to own your vehicle. Same for maintenance. You can get an idea of maintenance costs by talking with your dealership, or going on various owner forums.<\/p>\n<p>Thank you to <span style=\"text-decoration: underline;\"><a href=\"http:\/\/www.kentvillenissan.com\/en\/\">Kentville Nissan<\/a><\/span> for their help with this article<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>If you are in the process of buying your next vehicle, you have probably calculated your budget many times over to make sure you purchase a car or truck that you can afford. That said, have you also taken into account the extra fees that you will have to pay that go beyond the simple &#8230;<\/p>\n","protected":false},"author":3,"featured_media":3005,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[55],"tags":[582,541,581,564,553],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Calculating the actual cost of owning a vehicle | LuxuryCarMagazine En<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/luxurycarmagazine.com\/en\/calculating-actual-cost-owning-vehicle\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Calculating the actual cost of owning a vehicle | LuxuryCarMagazine En\" \/>\n<meta property=\"og:description\" content=\"If you are in the process of buying your next vehicle, you have probably calculated your budget many times over to make sure you purchase a car or truck that you can afford. That said, have you also taken into account the extra fees that you will have to pay that go beyond the simple ...\" \/>\n<meta property=\"og:url\" content=\"http:\/\/luxurycarmagazine.com\/en\/calculating-actual-cost-owning-vehicle\/\" \/>\n<meta property=\"og:site_name\" content=\"LuxuryCarMagazine En\" \/>\n<meta property=\"article:published_time\" content=\"2016-07-20T20:49:40+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2016-07-25T20:50:06+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/luxurycarmagazine.com\/en\/wp-content\/uploads\/2016\/03\/dreamstime_s_49240824.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"533\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"David Letourneau\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"David Letourneau\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"http:\/\/luxurycarmagazine.com\/en\/calculating-actual-cost-owning-vehicle\/\",\"url\":\"http:\/\/luxurycarmagazine.com\/en\/calculating-actual-cost-owning-vehicle\/\",\"name\":\"Calculating the actual cost of owning a vehicle | LuxuryCarMagazine En\",\"isPartOf\":{\"@id\":\"https:\/\/luxurycarmagazine.com\/en\/#website\"},\"datePublished\":\"2016-07-20T20:49:40+00:00\",\"dateModified\":\"2016-07-25T20:50:06+00:00\",\"author\":{\"@id\":\"https:\/\/luxurycarmagazine.com\/en\/#\/schema\/person\/17b65330ef121d31f3bcbec0e7db28e8\"},\"breadcrumb\":{\"@id\":\"http:\/\/luxurycarmagazine.com\/en\/calculating-actual-cost-owning-vehicle\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"http:\/\/luxurycarmagazine.com\/en\/calculating-actual-cost-owning-vehicle\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"http:\/\/luxurycarmagazine.com\/en\/calculating-actual-cost-owning-vehicle\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/luxurycarmagazine.com\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Calculating the actual cost of owning a vehicle\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/luxurycarmagazine.com\/en\/#website\",\"url\":\"https:\/\/luxurycarmagazine.com\/en\/\",\"name\":\"LuxuryCarMagazine En\",\"description\":\"Luxury Car Review and News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/luxurycarmagazine.com\/en\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/luxurycarmagazine.com\/en\/#\/schema\/person\/17b65330ef121d31f3bcbec0e7db28e8\",\"name\":\"David Letourneau\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/luxurycarmagazine.com\/en\/#\/schema\/person\/image\/\",\"url\":\"http:\/\/0.gravatar.com\/avatar\/3bc3fc3cbd279050997f72ff651c9499?s=96&d=mm&r=g\",\"contentUrl\":\"http:\/\/0.gravatar.com\/avatar\/3bc3fc3cbd279050997f72ff651c9499?s=96&d=mm&r=g\",\"caption\":\"David Letourneau\"},\"url\":\"http:\/\/luxurycarmagazine.com\/en\/author\/david-letourneau\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Calculating the actual cost of owning a vehicle | LuxuryCarMagazine En","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"http:\/\/luxurycarmagazine.com\/en\/calculating-actual-cost-owning-vehicle\/","og_locale":"en_US","og_type":"article","og_title":"Calculating the actual cost of owning a vehicle | LuxuryCarMagazine En","og_description":"If you are in the process of buying your next vehicle, you have probably calculated your budget many times over to make sure you purchase a car or truck that you can afford. 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