How much does it really cost to own a car in the United States?
Leadership may be the most consistent way for Americans from point A to point B all parts of the country.
Although it is well known that buying a car is a major investment, most of us are usually not treated in daily or annual costs associated with keeping our cars operating and operating. Not to mention the cost of insurance for your car, and for those who live in larger cities, the cost of stopping your car every day.
And adding all this together, the average American pays about $ 12,828 annually to own a car, about $ 1069 per month, says a new study from the road.
The primary number is likely to look equal for sure, but when you dismantle different payments on your car, it starts slowly adding.
(Way.com)
The first and the largest is the low value of your car. Although this is not a physical money you spend, the money you lose every time you use your car. As with age and use, the price of your car will continue to decrease until the day you finally sell it or circulate.
On average, the value of your car decreases by about 4,600 dollars annually, according to Way.
Next is gas and insurance, which can vary depending on your site, but Americans usually spend about $ 2,200 on gas every year and $ 1700 on car insurance.
After that, there is a maintenance of your car that ends every year. These include oil changes, tire rotation, brake pillow replacement, new air filters, new windshield spaces and anything else that is likely to make a mistake in your car in a certain year. It is clear that the prices in this can vary greatly depending on what is going on with your car, but on average, the model American citizen will spend about $ 1500 on car maintenance every year.
Continuing more than unwanted is the various financing fees, taxes and fees that you end up paying every year on your car and you may not realize it. Completely, the two can add about $ 1,600 a year.
Finally, there are parking costs, which may only apply to people who live in larger cities. But on average, the model American spends about $ 1,000 on parking. This can be clearly different for a person who lives in suburbs against a person who lives in a major city in California or New York.
Separately, all these payments may not look very crazy, but when they are combined, they are a little more than what the average person may expect to pay on a car year after year.
