1monon MSN
Car ownership costs an average of $5,851 a year on top of auto loan payments, analysis finds
The cost of insurance, gas, and maintenance or repairs can add thousands of dollars a year to the price of owning a car.
Car repair costs rose 60% since 2019, nearly double inflation, as proprietary software, ADAS calibration, and diagnostic fees reshape every bill.
The cost of owning a car has steadily risen over the past two decades, but 2023 and 2024 saw massive jumps, according to the Bureau of Transportation Statistics. In 2025, Americans are starting to ...
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