AAA attributes the decline to factors including lower depreciation, lower finance charges, reduced fuel prices, and a shift towards more affordable vehicle options. But before you rush off and buy new ...
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Price of owning a new car continues to rise: AAA
The American Automobile Association’s 2024 Your Driving Cost study, or YDC, reports that the cost to own and operate a new vehicle is approximately $12,297 per year, a $115 increase from last year.
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