The following factors should help you consider the cost of ownership for a new or used Chevrolet over the lifetime of your vehicle. When buying a Chevrolet, researching the values of the factors below will give you a better understanding of the costs you will incur from buying a new Chevrolet. Much of this information can be retrieved from your Chevrolet dealer, Sands Chevrolet, and we will be happy to answer any questions you might have.
Financing costs are the charges accumulated in interest for the money you borrowed to buy the new or used Chevrolet. The amount that you are to pay in interest charges varies depending on how large of a loan and the interest rate applied.
The interest rate is determined by the market and the consumer's credit rating, while the length of the loan is chosen by the consumer. There are many competitive finance options to choose from at Sands Chevrolet. Find out more about their financing department.
Taxes & Fees: Taxes and Fees are applied to your bill when you purchase a vehicle. They are also known as DMV fees and include two basic items, a base sales tax and license and registration fee. This might even include a gas guzzler tax if required. When you buy your new or used Chevrolet from Sands Chevrolet, you cannot negotiate these taxes and fees because they are decided upon by the state making them final.
Depreciation: The amount that a vehicle loses its value from the original value is its depreciation rate. This varies depending on the make and model of a vehicle. The best way to predict this rate is to compare the Chevrolet vehicle you are interested in with others from the manufacturer. Sands Chevrolet of Glendale will help you determine the depreciation values for any of the Chevrolet models on their lot.
Insurance: The auto insurance companies in your state charge the insurance costs and premiums. Do your research. Check the pricing and plan options at multiple insurance companies to find the best coverage at the best price. Generally, the better the driver you are, the better your rates are for auto insurance.
Fuel: The cost of fuel depends greatly on your driving habits. The average fuel consumption of your vehicle, multiplied by the amount of miles you drive daily, multiplied by the current gas prices will give you an idea of how much you will be spending on fuel to drive your car.
The miles per gallon may vary depending on the condition of your vehicle. Conditions such as low tire air pressure may adversely affect the miles per gallon your Chevrolet car or truck will experience. Only you can determine how many miles you typically drive your car and you should take note of which miles are highway and city.
The health of the economy changes the prices of fuel and this is very hard to predict. Factor the current gas prices and inflation rate will give you a better idea. The staff at Sands Chevrolet of Glendale will help you use this formula to decide which vehicle will help you save the most money on fuel.
Financing costs are the charges accumulated in interest for the money you borrowed to buy the new or used Chevrolet. The amount that you are to pay in interest charges varies depending on how large of a loan and the interest rate applied.
The interest rate is determined by the market and the consumer's credit rating, while the length of the loan is chosen by the consumer. There are many competitive finance options to choose from at Sands Chevrolet. Find out more about their financing department.
Taxes & Fees: Taxes and Fees are applied to your bill when you purchase a vehicle. They are also known as DMV fees and include two basic items, a base sales tax and license and registration fee. This might even include a gas guzzler tax if required. When you buy your new or used Chevrolet from Sands Chevrolet, you cannot negotiate these taxes and fees because they are decided upon by the state making them final.
Depreciation: The amount that a vehicle loses its value from the original value is its depreciation rate. This varies depending on the make and model of a vehicle. The best way to predict this rate is to compare the Chevrolet vehicle you are interested in with others from the manufacturer. Sands Chevrolet of Glendale will help you determine the depreciation values for any of the Chevrolet models on their lot.
Insurance: The auto insurance companies in your state charge the insurance costs and premiums. Do your research. Check the pricing and plan options at multiple insurance companies to find the best coverage at the best price. Generally, the better the driver you are, the better your rates are for auto insurance.
Fuel: The cost of fuel depends greatly on your driving habits. The average fuel consumption of your vehicle, multiplied by the amount of miles you drive daily, multiplied by the current gas prices will give you an idea of how much you will be spending on fuel to drive your car.
The miles per gallon may vary depending on the condition of your vehicle. Conditions such as low tire air pressure may adversely affect the miles per gallon your Chevrolet car or truck will experience. Only you can determine how many miles you typically drive your car and you should take note of which miles are highway and city.
The health of the economy changes the prices of fuel and this is very hard to predict. Factor the current gas prices and inflation rate will give you a better idea. The staff at Sands Chevrolet of Glendale will help you use this formula to decide which vehicle will help you save the most money on fuel.
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Chevrolet Dealers of Glendale Chevrolet Dealers of Glendale. Free reprint available from: What Costs to Consider for Chevrolet Ownership.