Auto Loan Calculator Test
Auto Loan Calculator
To understand the total cost of a vehicle, you need to consider other expenses, like insurance, repairs, and maintenance.
The cost of car insurance is often the most expensive part of car ownership. In California, the average annual cost of car insurance is $2,110.00, but the actual cost varies per vehicle model.
The average cost to repair and maintain a vehicle is around $900 per year. Factors that can affect your car maintenance costs include:
- Driving habits
- Climate
- Mileage
- Road conditions
- City versus highway driving
Keep these costs in mind when considering an auto loan.
Redwood Credit Union