Car ownership costs an average of $5,851 a year on top of auto loan payments, analysis finds

September 14, 2026

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The cost of insurance, gas, and maintenance or repairs can add thousands of dollars a year to the price of owning a car.The cost of insurance, gas, and maintenance or repairs can add thousands of dollars a year to the price of owning a car.

Car ownership costs an average of $5,851 a year on top of auto loan payments, analysis finds

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