AAA says New Cars Lose $3,000 Annually from this Single Expense

AAA

Orlando, FL – AAA’s 2018 Your Driving Costs study reveals the largest expense associated with purchasing a new car is something many drivers fail to consider – depreciation. In fact, it accounts for almost 40 percent of the cost of owning a new vehicle – more than $3,000 per year – and is influenced by a number of factors, including shifting consumer preferences.

AAA urges car buyers to think about both market trends and length of ownership when shopping for their next vehicle purchase. 

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