Contact Us

Car Costs Exceed $9k Per Year [AUDIO]

The average car owner puts out more than $9,100 a year to keep their vehicle on the road, according to an annual report from AAA.

A new AAA report finds drivers spend more than $9,100/year to keep their cars on the road. (Kevork Djansezian, Getty Images)

The report reflected the cost of driving 15,000 miles a year, looking at several factors like gas, maintenance and insurance. The exact price tag reached $9,122, or just under 61 cents per mile, a roughly two-percent jump from a year ago.

“Gas prices were really not a big reason for this increase,” said AAA Mid-Atlantic’s Jim Lardear. “It’s the vehicle maintenance and repair costs that we’ve seen, showing double-digit price spikes.”

Lardear said extended warranty policies also jumped in price.

In addition, due to the weak economy, drivers have been keeping their vehicles for a longer period of time. Repair and maintenance were the cheaper options over purchasing a new vehicle.

Lardear said preventative maintenance is the key to possibly avoiding the $9k/year tab.

“You’ve really got to be doing some of the basic things. Check the oil,” he said, noting that drivers shouldn’t only take care of their vehicles when the check engine light turns on.

“That’s going to save you a lot of headaches and money down the road,” Lardear said.

Audio clip: Adobe Flash Player (version 9 or above) is required to play this audio clip. Download the latest version here. You also need to have JavaScript enabled in your browser.

Best of WOBM

Recommended For You

Best of the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account just click on the account activation button below. You will maintain your existing VIP profile. After you do this, you will be able to always log in to using your original account information.

*Please note that your prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

(Forgot your password?)

Not a member? Sign up here

Sign up for WOBM Listener Club quickly by connecting your Facebook account. It's just as secure and no password to remember!

Sign up to have exclusive WOBM Listener Club contests, events, coupons, presales, and much more delivered to you for FREE.