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  2. The Average Cost of Owning a Car Is Up Almost 50% Over the ...

    www.aol.com/average-cost-owning-car-almost...

    According to Motley Fool Money research, the average cost of car ownership was $12,078 in 2023. Just 10 years earlier, in 2013, car ownership only cost $8,467. That means the cost of owning a car ...

  3. The average cost of owning a car - AOL

    www.aol.com/finance/average-cost-owning-car...

    Based on data from Experian, the average monthly loan payment for a new car is $726, while drivers paying on a used vehicle pay an average of $533 monthly. The majority of individuals—79 percent ...

  4. Is car ownership becoming a luxury Americans can’t afford?

    www.aol.com/finance/car-ownership-becoming...

    The average monthly cost of new vehicle ownership is $1,015 as of 2023, according to AAA. This is a 13.5 percent increase from 2022, and many Americans are struggling to fit this rising cost into ...

  5. The Average American Spends $12,000 on Annual Car ... - AOL

    www.aol.com/average-american-spends-12-000...

    Here's a breakdown of how the average cost of car ownership reached beyond $12,000, in order of largest to smallest costs: Cost Category. Dollars Spent per Year. Depreciation. $4,680. Fuel

  6. Car prices and interest rates down, but monthly ... - AOL

    www.aol.com/car-prices-interest-rates-down...

    The cost to buy a new car goes beyond the sticker, experts said. ... According to J.D. Power's data, the average monthly car payment in November 2024 was $740, $15 more than November 2023. It is a ...

  7. What Is the Cost of Owning a Car? - AOL

    www.aol.com/average-cost-owning-car-135900164.html

    According to Experian, the average monthly payment for a new car in Q1 of 2022 was $648 per month. However, that's nowhere near the total cost of owning a car. However, that's nowhere near the ...

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