This Type of Car Will Cost You an Extra $2,800 — Every Year

It now costs an average of $9,561 per year to own and operate a new vehicle, according to AAA’s latest annual driving costs study. If that amount sounds steep, it’s because it reflects every cost associated with owning and driving a new car for five years — from financing and insurance to gas and maintenance. The biggest cost of all — by far? Depreciation. AAA found that if you buy a new car…

Original Article Posted at : https://www.moneytalksnews.com/choosing-the-wrong-car-can-cost-you-an-extra-3400-annually/