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TAG SEARCH RESULT: Cost to Own

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April 7, 2016 - Industry News

Drop in Fuel Prices Pushes 'Cost to Own a Vehicle' to Six-Year Low

Spurred by a nearly 25% drop in fuel price, the annual cost to own and operate a vehicle in the United States has fallen to a six-year low of $8,558, according to AAA’s 2016 Your Driving Costs study. The drop more than offset the increase in every other cost associated with vehicle ownership.

Tags: AAA, Cost to Own, Fuel Economy, Study

February 11, 2016 - Industry News

KBB Announces Winners of Five-Year Cost to Own Awards

Hyundai and Acura took the top honors, winning the competition's Best Brand and Best Luxury Brand awards, respectively. The contest looks at a vehicle’s depreciation, fuel costs, finance and insurance fees, maintenance and repair costs, and state fees to find its winners.

Tags: Awards, Cost to Own, Kelley Blue Book

April 28, 2015 - Industry News

Annual Cost to Own a Vehicle Falls 2%, AAA Finds

Decreases in gas prices and finance charges related to auto loans fueled the decline, but rises in maintenance and tire replacement costs make F&I protections an important consideration for vehicle owners.

Tags: AAA, Cost to Own, F&I manager, F&I products, Road Hazard Protection, Tire and Wheel, vehicle service contract

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