Annual Cost of Owning a New Vehicle Logs First Drop in 6 Years

Annual Cost of Owning a New Vehicle Logs First Drop in 6 Years

An analysis by the Automobile Association of America (AAA) reveals that the total annual cost of owning and operating a new vehicle this year is $11,577—a $719 drop from $12,297 in 2024. This marks the first decrease since 2019, according to a compilation of AAA data by The Epoch Times. On a monthly basis, costs have slid from $1,024.74 to $964.78. This includes monthly finance payments, insurance, fuel, and maintenance. The report points to dep…

AAA analysis finds that new vehicle costs have dropped

ATLANTA - Driving costs have declined $719 in annual vehicle ownership compared to a year ago, according to a new AAA analysis. The post AAA analysis finds that new vehicle costs have dropped appeared first on Valdosta Today.

Vehicle Ownership Costs Fall $719 to $11,577 Annually, AAA Reports - CollisionWeek

The average cost of owning and operating a new vehicle dropped to $11,577 in 2025, down $719 from the previous year, according to AAA’s annual Your Driving Costs analysis released today. The decline reflects lower depreciation, reduced finance charges and falling fuel prices, the motor club said. Monthly ownership costs averaged $964.78. “It might be …

New vehicle costs drop to $11,577 - Aftermarket Matters

Contributing factors include depreciation, lower finance charges, reduced fuel prices, and a shift toward more affordable vehicle options.

AAA finds total cost to own and operate new vehicles has decreased

AAA’s 2025 analysis shows the total cost of owning and operating a new vehicle has decreased to $11,577, or $964.78 per month. The total cost is down $719 compared to 2024. Factors contributing to the decline include depreciation, lower finance charges, reduced fuel prices, and a shift towards more affordable vehicle options, a AAA press release says. “It might be tempting to rush to the dealer for a new car when you notice a drop in ownership c…