Home Topics Finance The cost of owning a new car is increasing

The cost of owning a new car is increasing

According to the AAA Your Driving Costs Study 2021, the cost of owning a new car has increased 5% over the past year. Costs increased across all categories, bringing the average spend to $ 9,282 per year or $ 773.50 per month. AAA reviewed 45 best-selling sedans and SUVs and considered six cost categories: fuel, maintenance, fully comprehensive …

Dawnielle Robinson-Walker writes for NerdWallet. Email: drobinsonwalker@gmail.com.

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