Vehicles are always a major investment, as insurance premiums, car payments, maintenance, and other expenses add up quickly. If you are considering purchasing a new model in Fort Myers - whether it be an SUV, car, or anything else - you should keep the following rules of thumb about the costs of owning a vehicle handy.

It’s important to make certain that you can actually afford the monthly insurance premiums and car payments - given you financed the purchase of the vehicle - along with interest. Never skimp on maintenance fees. Although nobody but yourself will be responsible for administering maintenance prior to your vehicle needing major repairs, maintenance never costs as much as major repairs - even mild to minor repairs. If you plan on reselling your car in the future, refrain from adding wear and tear - this is the leading cause of depreciation.

Be sure to come by and see us at BMW of Fort Myers if you need help computing your total cost of ownership.

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