Industry report shows many increases in the costs of vehicle ownership

cost of gas increase
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American consumers have experienced an average 1.9 percent increase in vehicle ownership costs such as auto insurance and fuel. A recent study has shown that drivers in the United States have undergone an average increase of 1.9 percent in the costs associated with their vehicle ownership, ranging from auto insurance to tires, and from fueling up to vehicle depreciation. This information was outlined in the AAA 2012 ‘Your Driving Costs’ study report, which indicated that in the United States, gas and tires alone have increased the annual cost of owning…

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