Published 2 days ago • loading... • Updated 16 hours agoShow Less IconCar ownership costs an average of $5,851 a year on top of auto loan payments, analysis finds Full-coverage insurance is the biggest cost, and gas and repairs have also risen as higher oil prices and inflation push car expenses up.Summary by RocketNewsU.S. drivers spend an average of $5,851 annually on car ownership beyond loan payments, with insurance, fuel, and maintenance comprising the largest costs, according to new research.Share menu5 Articles5 ArticlesAllLeft2Center1RightSearch IconSort IconCBS NewsCenterFactualityOwnershipOwn a car? You're getting socked by higher prices, and not only for gasCar ownership costs have soared 50% since 2020, according to new economic data. Here's where motorists are getting dinged.16 hours ago·New York, United StatesRead Full ArticleCNBCBizTocView articleCaret Right IconRocketNewsLean LeftView articleCaret Right Icon+2 Reposted by 2 other sourcesLean LeftFactualityOwnershipCar ownership costs an average of $5,851 a year on top of auto loan payments, analysis findsThe cost of insurance, gas, and maintenance or repairs can add thousands of dollars a year to the price of owning a car.2 days ago·Englewood Cliffs, United StatesRead Full ArticleSpaceMoneyFactualityOwnershipTranslate IconCar in the U.S. Costs $5,851 per Year in Addition to FundingInsurify analysis points to annual cost of $5,851 with insurance, gasoline and repairs in the US, in addition to the financing portions2 days agoRead Full ArticleThink freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribeCoverage DetailsTotal News Sources5Leaning Left2Leaning Right0Center1Last Updated15 hours agoBias Distribution67% LeftBias Distribution Too Big Arrow IconToo Big Arrow IconCaret Up Icon67% of the sources lean Left67% LeftL 67%C 33%Untracked biasFactuality Info IconTo view factuality data please Upgrade to PremiumOwnership Info IconTo view ownership data please Upgrade to VantageCNBC broke the news in Englewood Cliffs, United States 2 days ago on Monday, September 14, 2026.Too Big Arrow IconCaret Down IconSources are mostly out of (0)Similar News TopicsOil and Gas Sector Plus IconUnited States Plus IconShow AllSimilar News TopicsOil and Gas Sector Plus IconUnited States Plus IconShow All