News Releases

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Annual Cost of New Car Ownership Crosses $10K Mark

By Daniel Armbruster August 11, 2022 Automotive, Insurance & Consumer Tips

Coppell, TX — For over 70 years, AAA's Your Driving Costs has provided members, consumers and the media with information on the average costs of owning and operating a new automobile. According to the latest research from AAA, the average yearly cost to own and...

Sticker Shock: New AAA Data Shows Owning a New Vehicle Costs Nearly $10,000 Annually

By Daniel Armbruster & Joshua Zuber August 19, 2021 Automotive

Coppell, TX — According to the latest research from AAA, the average annual cost of new vehicle ownership is $9,666, or $805.50 per month. The biggest factor pushing the nearly $10,000 annual price tag is depreciation. It accounts for 40% of all ownership expenses...

AAA Texas: True Cost of Annual Vehicle Ownership Rises to $9,282

By Daniel Armbruster September 12, 2019 Automotive, Insurance & Consumer Tips

Coppell, TX — It’s going to cost more for those looking to buy a new car this year. Finance costs on new car purchases have jumped 24% in 2019, according to new AAA research, pushing the average annual cost of vehicle ownership to $9,282, or $773.50 a month. That’s...

Showing 1 — 3 of 3 Items

AAA Texas

AAA Texas is a member club affiliated with the American Automobile Association (AAA) national federation and serves members in the state of Texas (with the exception of Texarkana).

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