What is the True Cost to Own a Car?

November 27th, 2017 by

Automobiles mean different things to different people: status, freedom, accomplishment. No matter what your car or truck means to you, you should be aware that it also means money. There are many expenses that go into owning a car, and our team at Milford Chrysler Jeep Dodge Ram is here to break them down.


If you need to borrow money to buy a car or truck, you will have the expense of financing. This includes the interest on the loan as well as any closing costs you have to pay. Keeping your car in good shape requires a significant amount of money. This includes not only scheduled and unscheduled maintenance such as oil changes and tire replacements, but it also includes things such as car washes and detailing. You don’t own a car just to have it sit, so you have the costs that go along with driving, including insurance, parking fees, and tolls.

To learn about the costs of auto ownership, come see the experts at 1470 Boston Post Road in Milford, CT!

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