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Is It Better to Buy a Used Car Compared to a New Car?
Our team will tell you about buying a used car compared to a new car
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General Motors is recalling certain model year 2004-2008 Chevrolet Aveo vehicles equipped with daytime running lights (DRL). In the affected vehicles, there may be heat generated within the DRL module located in the center console in the instrument panel, which could melt the DRL module.
Title | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total for 5 years |
---|---|---|---|---|---|---|
Depreciation |
Year 1 $512 |
Year 2 $472 |
Year 3 $433 |
Year 4 $394 |
Year 5 $354 |
Total for 5 years: $2,165 |
Insurance |
Year 1 $1,451 |
Year 2 $1,502 |
Year 3 $1,554 |
Year 4 $1,609 |
Year 5 $1,665 |
Total for 5 years: $7,781 |
Fuel |
Year 1 $1,418 |
Year 2 $1,461 |
Year 3 $1,512 |
Year 4 $1,572 |
Year 5 $1,643 |
Total for 5 years: $7,606 |
Maintenance |
Year 1 $2,763 |
Year 2 $1,698 |
Year 3 $812 |
Year 4 $302 |
Year 5 $2,291 |
Total for 5 years: $7,866 |
Repair |
Year 1 $1,275 |
Year 2 $1,290 |
Year 3 $1,473 |
Year 4 $1,590 |
Year 5 $1,816 |
Total for 5 years: $7,444 |
Taxes & Fees |
Year 1 $288 |
Year 2 $33 |
Year 3 $42 |
Year 4 $27 |
Year 5 $37 |
Total for 5 years: $427 |
Total for 5 years: $33,289
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