The General reports that car ownership costs are surging due to inflation, insurance hikes, and rising repair expenses, straining household budgets.
Not only are new vehicle prices near record highs, but the cost to own a new car over time has hit a new record, according to AAA. While most costs to own a vehicle have increased, financing costs in ...
The decision to purchase a vehicle often involves a comparison of costs over the lifetime of ownership. With the rise of ...
“The hidden cost of car ownership is around $575 per month, and if you look at how much drivers are paying for a new car loan ...
AAA attributes the decline to factors including lower depreciation, lower finance charges, reduced fuel prices, and a shift towards more affordable vehicle options. But before you rush off and buy new ...