Sun
Mar 10 2024
08:26 pm
The total annual cost of owning and maintaining a new car climbed to more than $12,000 last year, up from about $11,000 the previous year. Monthly car payments also spiked along with rising interest rates. NBC News’ Christine Romans has the story.
Cost of car ownership on the rise, becoming unsustainable for some drivers
Car ownership is getting more expensive due to rising repair costs
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