Buying a car is expensive, but just how expensive can it be? Well, of course there is the price of the vehicle, that’s obvious, but there are “other” components that are considered when you talk about buying a car as well. These “other” components include the car sales tax and title fees, registration fees, car insurance, gas, and maintenance costs. According to GoBankingRates.com, the average price of these additional fees when owning a car for 3 years is about $11,227. That may not seem like a lot for just 3 years, but when you add in the actual price of the vehicle, it tends to be a bit of a financial burden.
However, this $11,227 for three years does not apply everywhere. In some states its more and in some states its less. Looking for the best and worst places to own a car? Check this out.
Here are the top 5 least expensive states to own a car:
- New Hampshire: $8,091 for 3 years of additional fees, not including car’s sticker price
- Missouri: $9,280 for 3 years of additional fees, not including car’s sticker price
- North Carolina: $9,448 for 3 years of additional fees, not including car’s sticker price
- Wisconsin: $9,571 for 3 years of additional fees, not including car’s sticker price
- Ohio: $9,595 for 3 years of additional fees, not including car’s sticker price
Here are the top 5 most expensive states to own a car:
- Michigan: $15,315 for 3 years of additional fees, not including car’s sticker price
- California: $14,452 for 3 years of additional fees, not including car’s sticker price
- District of Columbia: $13,561 for 3 years of additional fees, not including car’s sticker price
- New Jersey: $13,484 for 3 years of additional fees, not including car’s sticker price
- Florida: $13,211 for 3 years of additional fees, not including car’s sticker price
If you live in one of these top 5 most expensive states and do not want to deal with these absurd prices, visit Swapalease.com where you have the ability to take over the remainder of somebody else’s lease anywhere across the United States. For more information on finding the best car lease deals or to learn how you can have a successful car lease trade, visit Swapalease.com or contact them at 866-SWAPNOW.