NOVEMBER 15th - 19th

credit education week canada

 THE KICK OFF    ESSAY CONTEST   THE GALA   EDUCATE YOURSELF  SPONSORS   MEDIA

credit education week canada

AUTO

THE REAL COST OF CAR OWNERSHIP

Car cost information can help the consumer make choices they can afford.
The little extras add up, since the price of the vehicle is not limited to the cheque you hand the seller. Knowing the true cost of owning a car prepares you to make choices you can afford.

Vehicle expenses fall into three categories: one time costs, ongoing costs and emergency costs. One time costs include the actual purchase price, applicable sales taxes, registration and title fees. Ongoing costs include insurance, annual registration, gas, tolls, routine maintenance and depreciation. Emergency costs, include repairs, towing and insurance deductibles.

Remember, only you know what you can comfortable manage. The best way to take control on how much you can afford is to actually write down your income and expenses. You will be amazed how many forgotten expenses you’ll remember when the numbers go from your head to a piece of paper, to help out with your budgeting visit piggypal money tracker.

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