A Branded Title: Meaning and Drawbacks
In this post, we'll go through the most common types of branded titles.
Read moreLooking for the VIN?
Here is there you’ll find it:
Honda (American Honda Motor Co.) is recalling certain 2023 CR-V vehicles. The front passenger seat back frame may not have been welded properly, which can cause the seat back position to fail in the event of a crash. As such, these vehicles fail to comply with the requirements of Federal Motor Vehicle Safety Standard numbers 207, "Seating Systems" and 201, "Occupant Protection in Interior Impact."
Title | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total for 5 years |
---|---|---|---|---|---|---|
Depreciation |
Year 1 $5,133 |
Year 2 $2,464 |
Year 3 $2,259 |
Year 4 $2,053 |
Year 5 $1,848 |
Total for 5 years: $13,757 |
Insurance |
Year 1 $2,302 |
Year 2 $2,383 |
Year 3 $2,466 |
Year 4 $2,553 |
Year 5 $2,642 |
Total for 5 years: $12,346 |
Fuel |
Year 1 $1,322 |
Year 2 $1,362 |
Year 3 $1,409 |
Year 4 $1,466 |
Year 5 $1,532 |
Total for 5 years: $7,091 |
Maintenance |
Year 1 $352 |
Year 2 $1,092 |
Year 3 $1,029 |
Year 4 $1,615 |
Year 5 $1,182 |
Total for 5 years: $5,270 |
Repair |
Year 1 $91 |
Year 2 $323 |
Year 3 $353 |
Year 4 $487 |
Year 5 $612 |
Total for 5 years: $1,866 |
Taxes & Fees |
Year 1 $1,982 |
Year 2 $226 |
Year 3 $288 |
Year 4 $184 |
Year 5 $256 |
Total for 5 years: $2,936 |
Total for 5 years: $43,267
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In this post, we'll go through the most common types of branded titles.
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