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Home > Car Topics > Car Shopping Advice Choosing the Right Car in Houston
by
Cars in Houston,
are not strictly a mean of transportation; it is an
investment purchase. Just like every investment, the
right research will result in earning a higher return on
investment. Buying a car requires initial lump
investment, furthermore is associated with known and
hidden expenses. Hence, Houston is the 6th largest
metropolitan area in the nation, and the 3rd with most
fortune 500 headquarters.
With simple
focused research, you’ll know the perfect make, model and
its fair market value. Kelly Blue Book is an ideal place
to determine the fair market value of a car. Needless to
mention, when making the final choice, the least
expensive is not always the best. The first step to the
process should be coming up with a buying budget, and an
annual expense to allocate to the privilege of owning a
vehicle.
Make a list of
the cars that you see yourself driving, then call your
car insurance company to check the rates on different
cars. Before we get to the next step,
cars in Houston
wants to remind you that the asking price does not equal
the final out of pocket value. After buying the car, you
would have to pay tax license and registration. Around
the corner waiting for you is initial preventive
maintenance (oil changes, fluid flushes etc.).
cars in Houston
will dedicate a section and an article to each of the
mentioned topics.
Take into your
consideration the hidden costs to car ownership. Factors
that cars in
Houston consider to be most significant are;
depreciation (time and mileage), maintenance (preventive
and emergency), you should also consider the the Interest
(paid on loan, interest could have earned). The records
that cars in
Houston collected over the years, indicate that
on average, a compact car costs about 4 cents per mile in
maintenance. Therefore, depending on the number of miles
your car drives on a gallon of gas, the ratio differs,
but as illustrated in the table below, that at 25 miles
per gallon, you should plan to spend a dollar in
maintenance for every gallon of gas.
Below is a the
formula used to compute the numbers in the table,
(assuming that the one way distance to work is 5 miles,
remember the table is strictly based on assumptions, and
experience). For those that are numbers oriented, the
following formula would be handy, otherwise skip the
formula and jump to the table.
(((distance to
work one way *520)/gas mileage)*3.00) + (distance to work
one way*20.8)
Miles/Gallon
10
15
20
25
30
Annual Gas Cost
780
520
390
312
260
Annual Maintenance Cost
104
104
104
104
104
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