Step 3

Step 3 of 5

Estimate the future costs of your transportation, and the total cost of your present transportation. Call your insurance agent: get the cost of adding this new vehicle to your existing policy.Add this cost to the preapproved payment.
( Insurance cost of an SUV or sports car can increase the cost considerably).

Figure your present cost: add all the maintenance costs for the last year, gas, insurance, and any repairs you had planned to do in the near future. Divide by 12 = your present cost of transportation.

Once you have compiled your figures, you will be able to make an informed buying decision. .