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Average Cost of Owning a Car 2026
Car Buying Guides
12 Nov 2026
0
8
Owning a new car costs $12,863 a year — $1,072 a month, or about 86 cents a mile — according to AAA’s Your Driving Costs 2026 study. That is the full cost of owning and running an average new vehicle driven 15,000 miles a year and kept for five years, and it is far more…