Car prices in January 2025 3.2% higher than a year earlier

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Car prices in January 2025 3.2% higher than a year earlier

Purchase, insurance, taxes, fuel, repairs, inspection and spare parts - the cost of purchasing and maintaining a car can quickly add up. The prices for goods and services related to driving, summarized in the motorist price index, were 3.2% higher in January 2025 than in January 2024, according to the Federal Statistical Office (Destatis). The increase within a year was therefore above average: overall consumer prices rose by 2.3% in the same pe…