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In 2022, the latest year for which statistics are available, AAA estimated that the annual cost of car ownership was $10,728, up from an average of $9,666 the previous year.
How To Calculate the Cost of Owning a Car. An easy way to figure out how much owning a car costs is to use a car cost calculator. All you need to do is add up your regular car expenses, like gas ...
For many Americans, buying a car is among the most expensive purchases they will ever make. And car prices are on the rise. According to Kelley Blue Book, the average cost of a new car as of March ...
True cost to own after 5 years: $35,252 15-year depreciation: $21,531 Value of car in 2036: $2,994 Be Careful: 17 Hidden Auto Costs Your Dealer Will Never Tell You About. Toyota Highlander
As most car owners are aware, a car's sticker price does not reflect its true cost of ownership. A less expensive car may require costly repairs later. On the other hand, a pricy SUV may also run ...
The cost of owning a car has risen 39% since 2020, according to a new report from the Navy Federal Credit Union. That's due in large part to the rapidly rising prices of both new and used cars, as...