Vine
Vine
💼 Earning your own money · Lesson 45
🚗

What a Car Really Costs

Gas, insurance and repairs add to the price on the sticker.

The idea

The price on the windshield is only the start of what a car costs. You also pay for fuel or charging, insurance, registration, repairs, tires and sometimes parking, and those costs come back every single year. Cars usually lose value as they get older, which is called depreciation. Adding up a full year of costs before you buy tells you what you can truly afford, instead of just what you can afford on day one. 🚗

Words to know

Sticker price
The price on the car itself, before any other costs.
Insurance
A payment you make so a company helps pay if the car is damaged.
Depreciation
How much value something loses as it gets older.
Maintenance
Regular care like oil changes and new tires.
Registration
A fee that keeps the car legal to drive.

Try it — no account needed

Swipe true or false about what cars cost.

Card 1 of 4

The sticker price is the only thing a car ever costs you.

In the full lesson

  1. 1True or false
  2. 2Work out the number
  3. 3Make the call

Vine has 107 lessons like this one, each written three ways so a 7-year-old and a 17-year-old both get a version that fits.

Practice with real prices

Real market data, pretend money. Learn how investing actually works without risking a cent.

Start free