You cannot look at a car and simply figure out if you can own it or not based on the car payment. There are a number of other things that you will be spending on if you purchase a vehicle, and you need to think about those costs to find a vehicle with a total cost of ownership that you can afford. Our finance staff at Orleans Ford is here to break down these common costs:
- Insurance prices will differ based on the type of vehicle that you are looking at, and you need to plan for that.
- You need to save money for repairs, and different vehicles cost different prices to repair.
- You need to fuel your vehicle, and there are more and less fuel-efficient vehicles out there.
Take some time to think about the total cost of owning a specific vehicle. The team here at Orleans Ford can help you determine which vehicle you can afford. Stop by our dealership in Medina, NY for help with all of this.