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COST OF CAR OWNERSHIP BY STATE. INTERESTING

Posted by Allen L Phillips

This is an interesting survey showing the cost of first year car ownership by state.  Because it is first year ownership, the sales tax on the new car purchase is included and assumes the car is purchased in that state.  As a result, high sales tax states come out on the short end in the survey.

The survey also breaks out cost of insurance, gasoline and maintenance and summarizes their effects on the total.

California, as one would expect, is the highest.  From there on down the cost scale there are some interesting surprises as some states generally considered to be low cost of living (usually because of low income taxes)  do not show up well in this survey.

And the different costs to insure a vehicle almost defy understanding.

Click the link below and enjoy.

https://www.gobankingrates.com/saving-money/car/cost-owning-car-by-state/?utm_campaign=854070&utm_source=yahoo.com&utm_content=7#51

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