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What are all the costs associated with getting car?

Beyou · 2020-01-06 19:01:45

Hi I'm planning on getting a car (first time). I'm thinking of getting it on finance. I'd like to know all the costs associated with this. I know I'll have to pay the monthly finance, petrol, road tax, insurance, MOT, servicing and repair. Are there any other costs I've missed please? Also, does the Smart Fortwo Cabrio…

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foxy-stoat Posts: 6,879 Forumite

7 January 2020 at 12:49PM

Hidden costs will be if you, for what ever reason, do not or can not pay the finance to the end of the term.

You do not say what type of finance but assuming its HP, if its written off or you lose your means to pay the monthly payments then it will get difficult.

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