The average annual cost of owning a car is projected to rise sharply by 2026, reaching nearly $13,000 per year, according to new financial estimates. Rising expenses include higher vehicle prices, increased maintenance costs, and growing insurance premiums, driven by inflation and supply chain challenges. Experts warn that these trends could make car ownership less affordable for many households. The analysis highlights how economic pressures are reshaping transportation budgets nationwide.
Owning a Car Costs You $12,863 per Year in 2026 Autoblog
