Sticker Price or TCO: Car Buying Mistakes Everyone Makes!

From Jim’s EV Adventures.

Thinking about buying a new or **used cars**? This video breaks down why focusing solely on the sticker price is a mistake, revealing the true cost when you consider **car insurance**, **car depreciation**, and other factors. Make informed **financial planning** decisions with this guide to understanding **car value** and the latest in **finance news** for your **personal finance**.

You should always take the time to compute the Total Cost of Ownership (TCO) before making that final decision. Today, we are going to break that down with a real comparison for real cars.

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⏱️ Chapters:

00:00 – Opening
00:25 – Intro and Overview
01:00 – 1832 to 1900
01:30 – Step 1: How Long Will You Own?
01:55 – Step 2: Depreciation
02:45 – Step 3: Operating Expenses
03:10 – Step 4: Computing Basic TCO
04:05 – A Detailed Comparison
08:05 – Conclusion and Analysis
08:55 – Why TCO Matters!
10:05 – Outro

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✅ Information:
– Bolt EUV
– IONIQ 5
– Tesla
– Hyundai EV
– Chevrolet EV

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Licensed Music:
Track Reverse, D Sirrom / David Morris
Music provided by Slipstream Music
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⚠️ Disclaimer
This content is provided for informational and entertainment purposes only. While we strive for accuracy, actual vehicle performance, costs, and experiences may vary. Nothing in this video should be interpreted as financial, legal, or professional advice. Always do your own research before making any decisions. All opinions expressed are our own. References to third-party materials are made under the principles of fair use.

📚 Fair Use Notice
This video contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We believe this constitutes a fair use of any such material as provided for in Section 107 of the U.S. Copyright Act (1976).
“Notwithstanding the provisions of sections 106 and 106A, the fair use of a copyrighted work… for purposes such as criticism, comment, news reporting, teaching, scholarship, or research is not an infringement of copyright.” We make this content available for commentary, criticism, and educational discussion—purposes specifically protected under Fair Use.