For anyone who didn’t click, they’re counting “cost of owning” to also include your loan payments. New cars cost more now on average than they did previously. This is not hard to figure out.
No one – or at least practically no one – is paying $12,000 a year just in fuel and insurance.
For anyone who didn’t click, they’re counting “cost of owning” to also include your loan payments. New cars cost more now on average than they did previously. This is not hard to figure out.
No one – or at least practically no one – is paying $12,000 a year just in fuel and insurance.
Ok, that doesn’t sound unreasonable then if someone finances a large percentage of an expensive car. Is this clickbait?
Pretty much, yeah.
Fuel and other costs are also up slightly, but not nearly to the level of greed driven “inflation” as the sticker price on new automobiles.