Report: Car ownership costs are increasing

It’s now 3.4% more expensive to own and operate a sedan in the U.S., according to the results of the ‘Your Driving Costs’ study that AAA releases each year. Based on 15,000 miles of annual driving, the average expenses increased by 1.9 cents per mile to 58.5 cents per mile, amounting to $8,776 each year. John Nielsen, AAA National Director of Auto Repair, Buying and Consumer Programs, said that even if maintenance and insurance costs dropped this year, there is an
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LexSucks - 4/12/2011 12:08:21 PM

-1 Boost

Not as many people are buying cars these days. They got to make the extra money somehow. Why not get more cash from people with increased maintenance costs?

It is our duty as Americans to ensure that the corporations make as much money as possible. That way the CEOs and shareholders can continue to rake in record profits. It’s the American way.

They just have make sure that not a penny of that money goes to the labor force or we’ll get highly upset with that.

Neverfollow - 4/13/2011 9:05:39 PM

+1 Boost

Is this really surprising to ANYONE?