✉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
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/217781