Many car expenses will be annual.
Car insurance is REQUIRED in the state of Massachusetts. Rates vary based on the type of coverage, where you live, the type/age of the car, and the age of the driver. Car insurance rates also may be higher if you have received speeding tickets or have been involved in car accidents in the past. Most insurance companies will not insure you if you do not have a valid U.S. driver’s license. Some will do so but at a much higher rate.
If you buy a car, you are REQUIRED to register it with the State of Massachusetts and then renew the registration every two years. To register a vehicle you must provide proof of car insurance, the bill of sale, and the certificate of ownership (the “title”) to the RMV.
You must have your car inspected within seven days of registering it and then each year. Certain gas stations can inspect your car for the required safety features. You also can find a list on the RMV website. Expired registration is something you may get ticketed for or pulled over by local police.
Each year, you will have to pay an “excise tax” on the value of your car. The town in which you keep your car will notify you of the amount of excise tax you owe each year.