COST OF CAR OWNERSHIP

The cost of car ownership includes insurance, taxes and other fees. The cost of owning and operating a car also includes fuel costs, maintenance and repairs. In this section we'll examine the true cost of car ownership.

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What is car depreciation?

Unless you own a rare or classic model car, there's a good chance that your vehicle is going to be worth considerably less next year. But why do most cars depreciate so quickly?

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