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ioda
1 year ago
14

Question 4 A Identify at least three maior costs of owning a vehicle throughout a year.

Law
1 answer:
bogdanovich [222]1 year ago
5 0

Answer:

registration (basically a tax on owning and operating the vehicle and ensuring such is safe for public roads) assessed annually, insurance, taxes.

a few more: gasoline or electricity, upkeep of the vehicle (repairs, maintenance).  

Explanation:

all states require vehicles to be registered. some vehicles cost more than others.   Not all states require insurance; however, not carrying liability coverage on your vehicle could cost substantially more than the cost of vehicle insurance.  In states that do require insurance, proof of such is required for registration of your vehicle.   Taxes are generally paid to the state and the town where the vehicle is registered.

additional costs that may not apply to everyone:   vanity plates (personalized plates) and parking and toll fees.

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