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Section 02 Loans & Expenses Unit 04 Cars - Practical Money Skills

Section 02 Loans & Expenses Unit 04 Cars - Practical Money Skills

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Ownership (fixed) costs<br />

Insurance<br />

overhead A<br />

Overhead A<br />

Service contract (if purchased)<br />

Interest on loan (if buying on credit)<br />

Registration fee, license, taxes, GST<br />

Depreciation (based on purchase price)<br />

Operating (variable) costs<br />

Tires<br />

Tickets<br />

Gasoline<br />

Parking and tolls<br />

The cost of owning and operating a car<br />

Oil and other fluids<br />

Maintenance and repairs<br />

<strong>02</strong>.<strong>04</strong>.01<br />

82 section <strong>02</strong>. loans & expenses<br />

choices & decisions

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