AAA Says Annual Cost of New Car Ownership Crosses $10K Mark

According to the latest research from AAA, the average yearly cost to own and operate a new vehicle in 2022 is $10,728, or $894 per month. A considerable increase from 2021, when the average yearly cost was $9,666 or $805.50 per month. Not surprisingly, fuel prices are the most significant factor pushing this year’s average annual price tag.  

Reported first in Collision Week, see the Full Story here.

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