Are you in the market for a used or new car? While buying a car can be exciting, not considering the cost of ownership can cause tremendous amounts of stress to both you and your pocketbook.
Wondering how your state stands when it comes to the cost of car ownership? Let’s play a little game.
Question 1: Which state is the most expensive in terms of repair costs?
Answer: New Jersey
Question 2: Which state has the cheapest car insurance?
Question 3: Which state has the cheapest gas prices?
Answer: South Carolina
So maybe moving to South Carolina for cheaper gas may not be that economical if you live in California. And maybe moving to Iowa for cheaper insurance may not be that enticing when you’re way down in Florida.
Don’t worry; you don’t need to move across the country for better deals. Just take a look at this infographic for more ways to save on your new car.
Infographic by Navy Federal