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USAFacts
USAFacts
National

How much does it cost to own a car?

In 2023, the annual cost of owning a car was approximately $12,182 for 15,000 miles of driving. This total encompasses both fixed costs such as insurance, registration, taxes, depreciation, and finance charges, and variable costs such as fuel, maintenance, and tires.

What are the costs of owning a car?

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