When considering a car purchase, you have to realize that the price you pay isn’t written anywhere on anything you’ll see on the financing papers. Aside from buying the vehicle, there are a number of hidden costs that we sometimes don’t think about, some of which has to do with the vehicle we buy, but also with our own habits.
For example, let’s say you are considering buying a new or used Toyota RAV4, one of the world’s most-popular crossover SUVs. Of course, you’ll make a down payment and monthly payments on the vehicle itself, but there are some other things that you’ll have to pay for, as well. Depending on how much you drive, refueling can get quite expensive. Fortunately, the RAV4 is fairly economical. Don’t forget liability and collision insurance, to protect yourself and your car. Then, there are taxes, fees, and repairs.
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