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

»
05.11Tropical Storm Rafael Graphics
05.11Tropical Storm Rafael Forecast Discussion Number 6
05.11Tropical Storm Rafael Wind Speed Probabilities Number 6
05.11Tropical Storm Rafael Public Advisory Number 6
05.11Summary for Tropical Storm Rafael (AT3/AL182024)
05.11Tropical Storm Rafael Forecast Advisory Number 6
05.11Why colouring clothes has a big environmental impact
05.11Atlantic Tropical Weather Outlook
More »