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GOBankingRates
GOBankingRates
G. Brian Davis

5 States Where Americans Are Spending Half Their Income on Cars — What Experts Say To Do About It

PixelsEffect / Getty Images

The costs of owning and operating a car go far beyond the monthly payment. Including insurance, maintenance, gas and other ownership costs, AAA calculates the average annual cost at $11,577. 

Be Aware: 7 Critical Checks Before Buying a Used Car, According to Mechanics

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