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  2. The average cost of owning a car - AOL

    www.aol.com/finance/average-cost-owning-car...

    In 2022, the latest year for which statistics are available, AAA estimated that the annual cost of car ownership was $10,728, up from an average of $9,666 the previous year. This is in line with ...

  3. Is car ownership becoming a luxury Americans can’t afford?

    www.aol.com/finance/car-ownership-becoming...

    The average monthly cost of new vehicle ownership is $1,015 as of 2023, according to AAA. This is a 13.5 percent increase from 2022, and many Americans are struggling to fit this rising cost into ...

  4. Buying a Car? Here’s How Much a Bad Credit Score Can Cost You

    www.aol.com/buying-car-much-bad-credit-120030834...

    Chris Adam. July 8, 2024 at 8:00 AM. EXTREME-PHOTOGRAPHER / Getty Images. You might want to check your credit score before going to the car dealership because a bad score could cost you more than ...

  5. Car costs - Wikipedia

    en.wikipedia.org/wiki/Car_costs

    The IRS considers that the average US automobile has a total cost of US$0.58/mile, around €0.32/km. [ 11] According to the American Automobile Association, the average driver of the average sedan spends totally approximately US$8,700 per year, or US$720 per month, to own and operate their vehicle. [ 2]

  6. Fuel economy in automobiles - Wikipedia

    en.wikipedia.org/wiki/Fuel_economy_in_automobiles

    Fuel consumption monitor from a 2006 Honda Airwave.The displayed fuel economy is 18.1 km/L (5.5 L/100 km; 43 mpg ‑US). A Briggs and Stratton Flyer from 1916. Originally an experiment in creating a fuel-saving automobile in the United States, the vehicle weighed only 135 lb (61.2 kg) and was an adaptation of a small gasoline engine originally designed to power a bicycle.

  7. List of countries and territories by motor vehicles per capita

    en.wikipedia.org/wiki/List_of_countries_and...

    List of countries and territories by motor vehicles per capita. China became the world's largest new car market in 2009. Countries and territories listed by the number of road motor vehicles per 1,000 inhabitants are as follows. Motor vehicles include cars, vans, buses, freight, and other trucks, but not two-wheelers. [citation needed]

  8. 11 Car Ownership Costs That Have Skyrocketed Since 2020 - AOL

    www.aol.com/11-car-ownership-costs-skyrocketed...

    Here’s a look at how much each cost has increased since 2020. Motor vehicle repair: 48%. Motor vehicle insurance: 46%. Motor vehicle bodywork: 31%. Used cars and trucks: 30%. Gasoline (all types ...

  9. Business mileage reimbursement rate - Wikipedia

    en.wikipedia.org/wiki/Business_mileage...

    The business mileage reimbursement rate is an optional standard mileage rate used in the United States for purposes of computing the allowable business deduction, for Federal income tax purposes under the Internal Revenue Code, at 26 U.S.C. § 162, for the business use of a vehicle. Under the law, the taxpayer for each year is generally ...

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