A Branded Title: Meaning and Drawbacks
In this post, we'll go through the most common types of branded titles.
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Here is there you’ll find it:
Volkswagen Group of America, Inc. (Volkswagen) is recalling certain 2017 Touareg GP, Tiguan, Golf A6, E-Golf GP, CCF, 2016-2017 Passat GP, 2018-2019 Golf R GP, and 2018 Atlas vehicles. These internal-use vehicles were sold without confirmation that they were built to all applicable regulatory requirements and may have been modified prior to sale. As such, these vehicles may fail to comply with the requirements of various Federal Motor Vehicle Safety Standards.
Title | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total for 5 years |
---|---|---|---|---|---|---|
Depreciation |
Year 1 $1,414 |
Year 2 $1,305 |
Year 3 $1,196 |
Year 4 $1,087 |
Year 5 $979 |
Total for 5 years: $5,981 |
Insurance |
Year 1 $1,844 |
Year 2 $1,908 |
Year 3 $1,975 |
Year 4 $2,044 |
Year 5 $2,115 |
Total for 5 years: $9,886 |
Fuel |
Year 1 $0 |
Year 2 $0 |
Year 3 $0 |
Year 4 $0 |
Year 5 $0 |
Total for 5 years: $0 |
Maintenance |
Year 1 $2,307 |
Year 2 $1,620 |
Year 3 $1,042 |
Year 4 $1,100 |
Year 5 $2,081 |
Total for 5 years: $8,150 |
Repair |
Year 1 $809 |
Year 2 $984 |
Year 3 $1,119 |
Year 4 $1,241 |
Year 5 $1,435 |
Total for 5 years: $5,588 |
Taxes & Fees |
Year 1 $912 |
Year 2 $104 |
Year 3 $132 |
Year 4 $85 |
Year 5 $118 |
Total for 5 years: $1,351 |
Total for 5 years: $41,887
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In this post, we'll go through the most common types of branded titles.
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