Tuesday, June 2, 2015

The Annual Cost of Owning a Car in the Philippines

With the booming economy of the Philippines and the income made available from OFW's up to the BPO industry, numerous Filipinos are out looking for their next ride. However many of them are unaware that there is more cost to owning a car than the initial downpayment and the monthly car mortgage.

From the depreciation, fuel cost, insurance, registration and maintenance costs to name a few.

Check out the infographic below about the annual cost of owning a car in the Philippines:


Now that you're aware of the annual cost of owning a car, check out next week's post on what to look out for when purchasing your first car.



Photo courtesy: http://www.imoney.ph/articles/annual-cost-owning-car-philippines-infographic/



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