You have the cost of the vehicle itself, the cost of tax, mot, petrol and others.
One of the biggest annual costs for your vehicle will be its insurance, but this is a necessary cost that may end up saving you a lot of money down the line.
For teenagers and young driver this insurance is generally higher than other groups because they are more of a risk behind the wheel.
However there are ways of getting affordable auto insurance if you do the right things.
For a start you need to ensure that your car is the right make and model to get cheaper insurance.
There are a lot of factors that come into play when companies calculate the risk of the driver, and one of the major ones is the type of car that is driven.
A young driver in a fast car is a potent mix and represents a larger risk.
As a result your insurance will be a lot higher, so if you are looking for ways to make having a car affordable then you need to be driving the right sort of car.
Another factor to consider for young drivers is the level of responsibility that they show.
One way to improve on this is to make sure that you continue to get good grades and present yourself as a responsible and sensible member of the community.
Furthermore, engaging yourself into some sort of driving program that teaches safety behind the wheel is another sure fire way to get some money dropped off your annual insurance policy.
It may be that you spend a little bit of money enrolling on such a course, but you will make this back and then some with your savings.
Another thing to consider, if its possible, is to get yourself onto your parents insurance policy.
This is a great way to get a guaranteed discount from the company that they are with.
If you do not do this, then the next best thing is to ensure that you take your time to find exactly the right quote that suits your needs.
The more quotes you get from different companies, the larger your choice will become and as a result it will be more likely that you are getting the best out of your deal.
These are just a few ways of ensuring that you are getting the cheapest car insurance that you can.