Remember meForgot password?
    Log in with Twitter

article imageUS motorists pay $9,000 annually to run their cars

By Mark Harradine     Apr 18, 2013 in Technology
Owning a car in the United States will cost you around $9,000 a year. In a recent report carried out by the American Automobile Association (AAA) the average cost of owning and running a car costs just over $9,000 annually.
These figures are based on a motorist driving 14,300 miles a year (23,000 kilometres) and include fuel, repairs, insurance and maintenance, reports USA Today. In fact the cost of driving in 2012 rose by around 2 percent from the previous year. And according to the AAA the biggest increase in costs were the maintenance of vehicles, with higher prices for oil changes, safety inspections and air filters. AAA manager Michael Calkins said: “As a vehicle gets older, you tend to encounter more significant repair costs.” And according to Calkins drivers are tending to keep their cars a lot longer “People are putting off buying such an expensive item until the economy improves. The average age of the vehicle on the road now is 11.1 years.”
Another significant annual expense was car insurance with Americans paying on average $1,029 a year reports Auto World News. Of course the figure of $9,000 was based on an average sized car but for drivers of larger 4WD this figure rose to around $12,000 annually. AAA has published the study every year since 1950 - when gasoline was only $0.27 a gallon and the cost of driving was less than a dime per mile, comments the Mail Online.
More about Car, annual car fees, Aaa, drivers in us, cost for running car
More news from
Latest News
Top News