According to the latest research from AAA, the average annual cost of new vehicle ownership is $9,666, or $805.50 per month. The biggest factor pushing the nearly $10,000 annual price tag is depreciation. It accounts for 40% of all ownership expenses outpacing additional costs like fuel and maintenance. With low inventory at dealerships due to…
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Sticker Shock: Owning a New Vehicle Costs Nearly $10,000 Annually
According to the latest research from AAA, the average annual cost of new vehicle ownership is $9,666, or $805.50 per month. The biggest factor pushing the nearly $10,000 annual price tag is depreciation. It accounts for 40% of all ownership expenses outpacing additional costs like fuel and maintenance. With low inventory at dealerships due to…
Sticker Shock: Owning a New Vehicle Costs Nearly $10,000 Annually
According to a new analysis from AAA, the average annual cost of new vehicle ownership is $9,666 – or $805.50 per month. The biggest factor in the nearly $10,000 price tag is depreciation, which accounts for 40% of all ownership expenses. With low inventory at dealerships due to the semi-conductor chip shortage, AAA urges…
CT, Nat’l Gas Prices Stall As Demand, Supplies Dip
Pushed by dips in demand and inventory, state and national average gas prices appear to be stuck in neutral, says AAA Northeast. At $3.18 and $3.19, respectively, gas prices for a gallon of self-serve regular in Connecticut and nationally are in a holding pattern since last week. Compared to last year, however, national…
AAA: Rhode Island Gas Prices Remain the Same
Providence, R.I., August 16, 2021 — Rhode Island’s average gas price is the same as last week, averaging $3.06 per gallon. Today’s price is 2 cents higher than a month ago ($3.04) and 93 cents higher than August 16, 2020 ($2.13). Rhode Island’s average gas price is 12 cents lower than the national average. …
AAA: Massachusetts Gas Prices Up One Cent
Westwood, MA, August 16, 2021 — Massachusetts’s average gas price is up 1 cent from last week ($3.04), averaging $3.05 per gallon. Today’s price is 3 cents higher than a month ago ($3.02), and 93 cents higher than August 16, 2020 ($2.12). Massachusetts’s average gas price is 13 cents lower than the national average….
Traveling Soon? AAA Offers Tips for End of Summer Travel and Beyond
Americans returned to travel in droves this summer, with recent AAA Travel bookings up at least 11% over 2019 levels, and even more people planning trips for 2022 and beyond. As summer comes to a close, travel volumes around Labor Day are expected to remain high. Though, with a resurgence of COVID-19 cases attributed to…
Traveling Soon? AAA Offers Tips for End of Summer Travel and Beyond
Americans returned to travel in droves this summer, with recent AAA Travel bookings up at least 11% over 2019 levels, and even more people planning trips for 2022 and beyond. As summer comes to a close, travel volumes around Labor Day are expected to remain high. Though, with a resurgence of COVID-19 cases attributed to…
AAA: Rhode Island Gas Prices Up One Cent
Providence, R.I., August 10, 2021 — Rhode Island’s average gas price is up 1 cent from last week ($3.05), averaging $3.06 per gallon. Today’s price is 3 cents higher than a month ago ($3.03) and 92 cents higher than August 10, 2020 ($2.14). Rhode Island’s average gas price is 12 cents lower than the national…
AAA: Massachusetts Gas Prices Up One Cent
Westwood, MA, August 10, 2021 — Massachusetts’s average gas price is up 1 cent from last week ($3.03), averaging $3.04 per gallon. Today’s price is 2 cents higher than a month ago ($3.02), and 91 cents higher than August 10, 2020 ($2.13). Massachusetts’s average gas price is 14 cents lower than the national average. “We…