Complete Car Cost Expectations Work Sheet

 

Fill in your own estimates for each vehicle you are considering, and decide who is responsible for each expense. Since insurance premiums vary considerably, call an insurance agent for estimates. 

 

 

Monthly

cost

Monthly

cost

Who

pays?

Vehicle make & model

Sample

 

 

Loan payment

$280

 

 

State tags/licensing

$5

 

 

Gas

$65

 

 

Oil changes (quarterly)

$10

 

 

Maintenance

$25

 

 

Repairs

$30

 

 

Insurance

$110

 

 

Other

$0

 

 

TOTAL
OWNERSHIP COSTS

$525

 

 

 

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