Responsibilities of Car Ownership
Owning a vehicle is part of the American way. Especially for those living in the suburbs and rural areas in Texas, a car gets you where you need to go on your schedule. And for many folks, driving starts promptly at 15 with your learner's permit as a right of passage. But many drivers forget about the responsibilities of car ownership. From having your financials in order and taking driving seriously, owning and driving a vehicle isn't something to be taken lightly. Financial Responsibilities of Car Ownership Purchasing a car (new or used) takes money. And the financials don't stop there. Yearly, you'll need to register your vehicle. Texas requires your state registration fee, local registration fee, and inspection costs. For a typical passenger car or truck, expect to spend around $80 per year. You will also need to keep your car insurance current. The cost of insurance varies depending on your age, vehicle, and driving history, The average cost of car insurance in Texas is around $150 per [...]