Itemizing Types of Motor Vehicle Expenses in Missouri

Budget type of motor vehicle expenses in Missouri.

Owning a motor vehicle accompanies several other financial responsibilities and obligations. Aside from a car note, auto owners should factor four types of motor vehicle expenses in the monthly and annual car ownership budget.

St. Louis Used Cars Dealer Reviews 4-Types of Motor Vehicle Expenses

Operating costs

Automobiles, fueled by gas only, have ongoing operating costs. Based on the current fuel prices, operating costs vary by car type: economy, SUV, crossover, compact, sedan, etcetera.

FuelEconomy.gov publishes the latest estimated fuel efficiency on every vehicle sold in the U.S. The federally sponsored site features fuel economy on all makes models, city, highway and combined miles per gallon.

“When shopping for a new or preowned vehicle, be sure to compare fuel economy to comparable makes and models,” recommends the manager at St. Louis used cars sales center.

Maintenance Expenses

Maintenance accounts for several motor vehicle expenses, associated with a vehicles upkeep. Regular oil changes, tire rotations, alignments, and air filter changes are standard annual maintenance.

• Monthly maintenance motor vehicle costs range: $200 – $250 (*Estimates based on a fuel efficient sedan).

Insurance Premiums

In Missouri, motorists have to carry a liability policy with three specific coverages: property damage (PD) liability, uninsured motorists insurance (UM) and bodily injury (BI) a specified dollar amount. Insurance providers price auto coverage according to several factors, including: gender, age, consumer credit, city, vehicle make, model, crime rate and other details.

“AAA is a popular roadside assistance program,” acknowledges a sales consultant of one St. Louis used cars dealership.

Optional Expenses

Auto breakdowns don’t only happen to older cars or during long distance travel. With a roadside assistance program, motorists have a modicum of protection, in the event of automobile failure. These plans cover anything from changing a tire, delivering fuel, to jumping a battery. Although roadside assistance programs are an optional motor vehicle expense, these policies offer a form of protection.

• Annual motor vehicle costs for a roadside assistance program vary in price, starting from $70.00.

We invite all customers to apply for our hassle free financing, and quality preowned vehicles, at the preferred St. Louis used cars dealer, GMT Auto Sales,