AAA research shows average annual cost of vehicle ownership hits new high
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Friday, Sep. 13, 2019, 03:34 PM
Auto Remarketing Staff
ORLANDO, Fla. -
Experian Automotive’s second-quarter data pegged the average monthly payment for a new vehicle at $550. That’s $25 higher than a year ago. That climb figured in part to new AAA research showing that average annual cost of vehicle ownership jumped 24% to $9,282, or $773.50 a month. That’s the highest cost associated with new vehicle […]