The monthly expenses of a car can be overwhelming. Just think about the costs that come with owning and operating your vehicle; everything from registration, insurance, gas, oil changes, tires, maintenance, and more.
To make sure you’re getting the most value out of your monthly auto budget, use this monthly addition calculator to help you get a better idea of how much it will cost you to operate your vehicle each month.
Before you go any further, quickly review what addition is: In simple terms, an addition is a sum of money added to your bank account regularly over time. It doesn’t matter if that money is coming from your salary or another source.
If you want to know how much money you are adding monthly to your account then take a look at this article where we explain how exactly does this work?
How To Calculate Monthly Addition For A Car
Before you get into the nitty-gritty of how to bijtelling van mijn auto berekenen (calculate the addition of my car), quickly understand how you arrive at your monthly expenses in the first place.
First, you need to know how much money you are going to be spending on your vehicle each month.
For example, if you own a car that costs $2,000 per year then your monthly expenses will be $1,000. It’s as simple as that. Now, it’s important to note that when you talk about monthly expenses, you are referring to the expenses that come with owning and operating a car.
Expenses like insurance, maintenance, gas, or taxes are not included.
Monthly Maintenance Cost For A Car
Maintenance cost for a car is the amount you need to budget for the parts and fluids that keep your vehicle running. If you don’t maintain your car properly then it will break down eventually.
Some of the common expenses that you will need to budget for are:
Tires – These are responsible for absorbing the shock of your vehicle’s wheels and ensuring that the car can move smoothly on the road. Each year, your vehicle’s tires are replaced and it costs you $75. How often you need to replace the tires depends on how much you drive your car.
If you drive your car 500 miles each week then you will need to replace your tires twice per year. On the other hand, if you only drive to and from work then you only need to replace your tires once per year.
Fuel – This is the liquid that powers your vehicle and is also used to clean and lubricate your car. You don’t need to worry about how much fuel your vehicle requires because the manufacturer determines how much fuel you need to use.
However, if you don’t use enough fuel then your car won’t start. You can save some money by refueling your car yourself but most gas stations charge a small fee.
Oil Change – This is when you change the oil in your car. It isn’t an expensive activity but it is something you need to schedule in advance. Many online tools can help you schedule and manage your car’s maintenance.
