Silicon Valley Blogger says that when buying a car, look beyond the sticker price. There’s a lot of costs involved and they’re only hidden if you don’t know what to look for.
Some of these factors include maintenance costs, repairs, depreciation, gas mileage, and insurance. What looks like a good deal at face value might mask high upkeep or low resale value. Sites like Edmund’s offer comprehensive “total cost of ownership” numbers, but these should just be used as starting points when conducting your research across a range of publications, reviews and data sets. — BEN POPKEN
Do You Really Know How Much It Costs To Own Your Car? [Silicon Valley Blogger]