A New Way to Pay for Your Car Registration Renewal in California
When you consider the cost of ownership of an automobile in California, what are some of the factors that come to mind? Obviously, first and foremost, you’ll probably say fueling costs. There’s no question that it can be quite expensive to keep your tank full. If you live in Los Angeles, for example, driving your own car may be your only option to get around so it’s not negotiable. Today, the average price per gallon of gas in California is $2.77, which is more than the national average. However, fuel is not the only cost you’ll need to consider.
Insurance and Maintenance
In the state of California, every automobile driven on a public road must be insured. In 2016, California’s car insurance premiums were the seventh most in the nation. A California vehicle owner can expect to spend $1752 to insure their car. This is four hundred dollars more than the national average. Finally, you’ll probably bundle in repairs and maintenance to your ongoing cost of ownership. In a given year, repairs and maintenance could cost a couple of hundred dollars to a few thousand dollars given the nature of necessary mechanical services. One thing is certain, making sure to spend the money to replace basic yet critical things like oil, filters, brake pads, tires, and more is well worth the money to avoid higher repair costs in the future and preventable crashes.
Car Registration Renewal Costs
One cost that you might not consider right away but will certainly impact your wallet or pocketbook is car registration. Did you know that a vehicle owner can spend as much as $1000 to renew their car registration every renewal term? Obviously, this is on the higher end of the spectrum, but a vehicle owner will need to put at least a few hundred dollars away to cover registration fees every 12 or 24 months. If you cannot pay your registration on-time, you might be subject to fines or other penalties, which could be problematic for those who can’t come up with the money or have a financial emergency.
That is why eTags.com has partnered up with Affirm to set up a financing platform to enable California vehicle owners to make affordable monthly payments to cover the costs of registration renewal. This budget-friendly platform should help a number of Californians renew on time and avoid those aforementioned penalties. eTags.com users can choose a 3, 6, or 12 month plan depending on their budget. Whether you pay upfront or choose a payment plan, eTags.com processes the tag renewal on the same day.
For Californians looking to better manage their total cost of car ownership, choosing a payment plan from eTags.com might make a lot of sense.