Viewing a single comment thread. View all comments

drl33t t1_jb5el51 wrote

The average annual cost of new vehicle ownership is almost $10 000 a year. A small sedan is the cheapest at $7000 a year.

Yes, this average cost takes into account loan interest, depreciation, fuel, insurance, maintenance and fees.

If people knew how damn expensive car ownership was upfront, we’d probably have less cars and more public transit.