The average cost of owning and operating a new vehicle dropped to $11,577 in 2025, down $719 from the previous year, according to AAA’s annual Your Driving Costs analysis released today. The decline reflects lower depreciation, reduced finance charges and falling fuel prices, the motor club said. Monthly ownership costs averaged $964.78. “It might be […]
Annual New Car Ownership Costs Over $12K
Ownership costs are up significantly compared to last year driven by record new vehicle prices and a 90% increase in finance rates. AAA reports that the cost of vehicle ownership is up over $1000 a month for the first time. AAA’s Your Driving Costs (YDC) are up sharply this year has been a reliable data […]
AAA Reports Owning a New Vehicle Costs Nearly $10,000 Annually
According to the latest research from AAA, the average annual cost of new vehicle ownership is $9,666, or $805.50 per month. The biggest factor pushing the nearly $10,000 annual price tag is depreciation. It accounts for 40% of all ownership expenses outpacing additional costs like fuel and maintenance. With low inventory at dealerships due to […]
AAA Reports Annual Cost of Vehicle Ownership Rises to $9,282 on Higher Financing Costs
It’s going to cost more for those looking to buy a new car this year. Finance costs on new car purchases have jumped 24% in 2019, according to new AAA research, pushing the average annual cost of vehicle ownership to $9,282, or $773.50 a month. That’s the highest cost associated with new vehicle ownership since […]