Recurring expenses
Fuel or charging, routine maintenance, tires, registration fees, and parking are predictable costs that are worth estimating before a purchase.
Maintenance costs over time
Maintenance tends to rise as vehicles age. Scheduled service such as fluids, brakes, and belts becomes more frequent, and unplanned repairs become more likely.
Vehicle budgeting
A simple budget sets aside a monthly amount for maintenance and repairs in addition to fixed costs. Planning for depreciation helps you understand the real cost per year of ownership.