How much will I spend a month when I own a car in Massachusetts?
I'm getting a car this month... it'll cost me about 2 grand. But what I want to know is the different fees I'll be paying from month to month. I've heard things about excise tax... and insurance fees... etc. etc. -- What comes out of the wallet on a regular basis?
Public Comments
- Impossible to answer. What car? How much insurance? How many miles? Excise or use or sales tax is paid on the purchase price when you transfer the title, and is a one time fee. License fees are usually yearly. What about oil changes (again miles driven plays a factor there), and other maintenance? Add to that tires, traffic tickets if you're a speeder... As I said, impossible to answer.
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