Home AAA Driving Costs Study Says Car Costing $9,122 per Year
 

Keywords :   


AAA Driving Costs Study Says Car Costing $9,122 per Year

2013-04-21 05:55:59| AutomotiveDigest.com - Automotive Industry News

AAA put out its Your Driving Costs study, which has been released annually since 1950. Any idea how much the average US sedan owner is spending per year on operating costs? Would you believe $9,122?!? That does seem strange, given that Americans are driving 11 year old cars, which should have been paid off years earlier. However, the studys analytics are not based on loan or lease car payments, but on total lifecycle depreciation. The other categories built into the analysis are maintenance, fuel, tires, and insurance. Aging vehicles does come into play, and that can mean car owners taking on extended warranty coverage. The cost of insurance has gone up, too. Click here to read details on how AAA does the numbers for its age-old Your Driving Costs study and what was learned this yearThe Article AAA Driving Costs Study Says Car Costing $9,122 per Year appeared first on Automotive Digest.

Tags: year car study costs

Category:Automotive

Latest from this category

All news

»
04.11Registration Open for 2025 Waterborne Symposium
04.11ROSS Ribbon Blenders Provide Safe, Efficient Bulk Blending
04.11Natracare Launches E-Commerce Site
04.11Tropical Depression Eighteen Graphics
04.11The Honey Pot Launches Witch Hazel Intimate Wash & Wipes
04.11Remnants of Patty Graphics
04.11Tropical Depression Eighteen Forecast Discussion Number 4
04.11Remnants of Patty Forecast Discussion Number 10
More »