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Survey: Drivers pay nearly 167% more annually than expected for vehicle ownership

Summary by Automotive Mogul
Consumers are spending more on maintenance and other auto-related expenses as cost of ownership is underestimated by over $4,500 Stamford, Conn.—Synchrony’s new Cost of Car Ownership survey reveals drivers are paying nearly 167% more per year than expected to …
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Automotive Mogul broke the news in on Sunday, February 22, 2026.
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