New tool helps consumers consider cost of owning cars

11/23/2009 | Autoblog

There's been plenty of attention given to the higher initial price tag for new, alternative-fuel automobiles such as hybrids, electric cars and flex-fuel vehicles, notes Sebastian Blanco, but less is paid to the lower long-term costs, in large part because it's often difficult to calculate. Now NADAguides.com has released a Cost-to-Own calculator for new cars, which provides a better picture of the real cost of new cars, Blanco writes.

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