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✉news LifeAutos first seen 10 h ago, last 6 h ago, peak #8

New car ownership costs now average $12,863 a year

Original: New car ownership costs hit $12,863 a year; study shows which car types are cheaper

A new study puts the annual cost of owning a new car at $12,863, covering expenses beyond the purchase price. The research also breaks down which vehicle types are cheaper to own and operate, giving shoppers a way to compare long-term costs. Drivers are weighing the findings against high prices and financing rates.

Why now: Rising car prices and ownership costs are a pressing concern for consumers considering a purchase

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Rank over time, top of the chart is #1. 4 snapshots from 10 h ago to 6 h ago.

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