Team Kia Bend
goteamkia.com › blog › true-cost-owning-used-car
Understanding the True Cost of a Used Car - Team Kia of Bend
May 15, 2026 - But the real story starts after you buy it. Your monthly costs include more than just payments. The average monthly car cost is $1,370. This includes payments, gas, maintenance, and insurance.
NerdWallet
nerdwallet.com › back to nerdwallet homepage › auto loans › learn › what is the total cost of owning a car?
What Is the Total Cost of Owning a Car? - NerdWallet
1 month ago - The average cost of owning a car is $11,577 annually or $965 monthly. Use our calculator to see how much you're spending. ... Shannon Bradley covers auto and student loans for NerdWallet.
What is a good average monthly ownership cost for a car I don't really need?
What would it cost you each month if you didn't have a car? If you work from home and can walk to the store then maybe it's worth 40 a month in uber rides. More on reddit.com
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November 11, 2024How much does it cost you to own a car on average monthly? According to AAA, average cost for a new car is $1024/month
I would point out that by leasing a car you are not in fact paying anything to own it, and I don't think that's just semantics. Not to say that leasing is inherently bad or that it doesn't have a place, but do not confuse lease payments with taking steps to own a vehicle (and gaining equity) through financing. An important distinction for r/Frugal More on reddit.com
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June 27, 2025Ontario, how much does having a car cost you monthly?
Probably about $600 between insurance, gas, maintenance and my monthly payment.
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March 9, 2020How much do cars actually cost?
I bought a used car for 6000. I put 1000 down, and got financed. My payments are 150 a month. My insurance is 128 a month for full coverage, which is required for a financed vehicle. I put about 35 in gas every week. So that's 418 a month, not including maintenance costs.
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October 1, 2018What is the average monthly cost of owning a car right now?
Owning a typical new car costs about $965 a month, or $11,577 a year, based on the latest data. That figure includes depreciation, insurance, fuel, maintenance, registration and finance charges. Small sedans average about $698 a month. Half-ton pickups average about $1,232 a month.
moneygeek.com
moneygeek.com › home › resources › car ownership cost
Average Cost of Owning a Car in 2026: $11,577 a Year
What are the typical maintenance costs I should expect for a used vehicle?
Maintenance costs for used cars vary based on the car’s age and condition. Routine maintenance like oil changes cost $35-$125. Tire rotations are $60-$72. But, unexpected repairs can be more expensive, like transmission problems ($2,900-$7,100). Budget for both regular maintenance and surprise repairs.
goteamkia.com
goteamkia.com › true-cost-owning-used-car
Understanding the True Cost of a Used Car - Team Kia of Bend
How much have car ownership costs increased since 2020?
Nominal costs rose about 21%, from $9,561 in 2020 to $11,577 in the latest full year. Adjusted for inflation, real costs declined about 2.7%. The 2020 figure equals roughly $11,894 in current purchasing power.
moneygeek.com
moneygeek.com › home › resources › car ownership cost
Average Cost of Owning a Car in 2026: $11,577 a Year
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MoneyGeek
moneygeek.com › home › resources › car ownership cost
Average Cost of Owning a Car in 2026: $11,577 a Year
May 22, 2026 - Owning a new car costs about $11,577 a year, or $965 a month, based on the latest data. See how fuel, insurance, depreciation and vehicle type affect what you pay in 2026.
Reddit
reddit.com › r/frugal › what is a good average monthly ownership cost for a car i don't really need?
r/Frugal on Reddit: What is a good average monthly ownership cost for a car I don't really need?
November 11, 2024 -
Preparing next year's budget and I've just gone through my monthly ownership averages for 2024. They are more than last year, as I had a transmission repair and needed new tires, but I was wondering what other people have as an average spend as an annual/monthly cost of running an old car they own outright?
$752 gas $973 insurance/registration/inspection $1504 maintenance and repairs
Monthly average $269 for 2024
Does this seem on par? I can't really cut back any of the categories as I think they're about as low as I can get for my make/model while still maintaining the car properly.
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What would it cost you each month if you didn't have a car? If you work from home and can walk to the store then maybe it's worth 40 a month in uber rides.
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Seems fine to me. Last year (2023) we paid an average of $264/mo, including buying new summer tires. This year we were WAY outside of normal/what we budgeted due to car repairs related to animals chewing the car's wiring, and have paid $589/mo including all expenses related to the car so far this year (averaged out, $345 of that $589 was due to the animals). We also replaced wheel bearings, rear brakes, etc. as part of normal maintenance.
Diamond CU
diamondcu.org › blog › true-cost-of-owning-a-car
The True Cost of Owning a Car - Diamond Credit Union
August 11, 2024 - The average monthly payment for a new car in 2024 is $735 and the average payment for a used car is $523. This doesn’t reflect the true cost of owning a car. In fact, for most people, the actual total cost of car ownership is $10,800-12,000 ...
Bankrate
bankrate.com › auto loans
Average Car Payments in 2026: What To Expect | Bankrate
March 20, 2026 - Although the current average monthly payment for a new and used car is $767 and $537, respectively, car payments are based on more than just the cost of the vehicle. You can calculate your car payment based on the amount you borrow, your annual ...
WECU
wecu.com › 7-surprising-overlooked-costs-of-owning-a-car
What is the Actual Cost of Owning a Car? | WECU
The average monthly payment on a new car was $726 in the third quarter of 2023, according to credit reporting agency Experian. 1 The average monthly payment on a used car was $533 during that same time frame.
Simply Insurance
simplyinsurance.com › how-much-is-the-average-car-payment
The Average Car Payment in America - Simply Insurance
May 21, 2026 - The average monthly vehicle payment ... new automobiles is $550. Theaverage cost of a used automobilein the United States is $393 per month....
Commerce Bank
commercebank.com › home › personal › ideas & tips › the real cost of owning a car.
The real cost of owning a car. | Commerce Bank
May 9, 2026 - However, some newer models come with low-interest financing deals or manufacturer incentives. Buying used is cheaper at the outset, with an average payment opens in a new window of $520 per month.
USA Today
usatoday.com › story › cars › research › 2026 › 02 › 27 › car-ownership-costs-new-used-2026 › 88864784007
Car ownership could cost drivers nearly $1,000 a month in 2026
February 27, 2026 - Used cars have the lowest monthly average car payments, coming in at $532 a month. Monthly car payments may account for a large percentage of monthly and annual vehicle ownership costs, but they're far from the only expense motorists encounter.
The cost breakdown
thecostbreakdown.com › home › transportation › average cost of owning a car per month in the u.s.
Average Cost of Owning a Car per Month in the U.S. (2026 Data)
March 8, 2026 - For many drivers, the largest portion of the cost is the monthly loan payment. According to recent data, the average car payment per month in the U.S. is about $735 for new vehicles and around $523 for used vehicles.
Reddit
reddit.com › r/frugal › how much does it cost you to own a car on average monthly? according to aaa, average cost for a new car is $1024/month
r/Frugal on Reddit: How much does it cost you to own a car on average monthly? According to AAA, average cost for a new car is $1024/month
June 27, 2025 -
I'm currently paying $425/month all in to lease a new Subaru EV ($268/month monthly payment with 0 down+100/month insurance+57/month registration/license fees) and I feel like this is still too much, as I was paying this amount to rent a studio apartment back in 2014. This is not including maintenance which is free during the lease and charging/gas, which I get for free at work or mooch off the public electrical outlet at my apartment complex.
I drive 12,000 miles a year for reference also, which puts me at $0.43/mile.
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I would point out that by leasing a car you are not in fact paying anything to own it, and I don't think that's just semantics. Not to say that leasing is inherently bad or that it doesn't have a place, but do not confuse lease payments with taking steps to own a vehicle (and gaining equity) through financing. An important distinction for r/Frugal
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Leasing is rarely frugal. You are renting.
Car and Driver
caranddriver.com › home › auto loans & financing › what is the cost of owning a car?
What Is the Actual Cost of Owning a Car?
October 13, 2022 - It will cost you approximately $648 per month, excluding other costs like gas, insurance, repair, and maintenance to own a car.
Insurify
insurify.com › car insurance › knowledge › average cost car
Average Car Price in 2026: New, Used, and Monthly Payments | Insurify
February 3, 2026 - Used cars are less expensive, but still a significant investment, costing around $25,393 on average.[1] [2] Relatively high interest rates and higher vehicle prices have pushed new car loan payments up to $749 per month and used-car financing ...
LendingTree
lendingtree.com › home › auto › average car payment and auto loan statistics: 2026
Average Car Payment and Auto Loan Statistics: 2026 | LendingTree
3 weeks ago - Average monthly payments reached $770 for new vehicles, $531 for used vehicles and $619 for leased vehicles. New-vehicle prices increased, while used-car and truck prices declined.
Motormaxofgr
motormaxofgr.com › bdp › 76315 › car-buying-tips › understanding-the-true-cost-of-owning-a-used-car
Understanding the True Cost of Owning a Used Car
August 13, 2025 - Find quality used cars at MotorMax of GR, your trusted car dealership in Grandville, MI. Enjoy our selection of pre-owned vehicles with great customer service.
Call 616-261-1600
Address 3660 28th St SW,, 49418, Grandville,
Move.org
move.org › home › research › the average cost of owning a car in the us
The Average Cost of Owning a Car in the US | Move.org
December 22, 2025 - Between paying off their auto loans and buying replacement parts, the average Texan spends $4,145 every year on their car, the highest price on our list. This equates to roughly $345.41 every month.
Mcleodautosales
mcleodautosales.com › blogs › 4327 › understanding-the-true-cost-of-owning-a-used-car
Understanding the True Cost of Owning a Used Car – Mcleod Auto Sales Blog
August 19, 2024 - The average interest rate is 14.10% APR. This can change based on your credit score and the loan term. At McLeod Auto Sales, we aim to give you competitive rates to save you money. Loan terms affect your monthly payments and the total interest you pay. Longer terms can make payments smaller, but you’ll pay more interest over time. For instance, a 60-month loan on a used car can increase your total cost by thousands.
Call +12542009803
Address 3405 E. Stan Schlueter Loop, 76542, Killeen
NerdWallet
nerdwallet.com › back to nerdwallet homepage › auto loans › learn › what’s the average car payment per month?
What’s the Average Car Payment Per Month? - NerdWallet
August 9, 2018 - The average monthly car payment is $770 for new cars and $531 for used. Several factors determine your payment. ... Shannon Bradley covers auto and student loans for NerdWallet. Before joining NerdWallet in 2021, Shannon spent 30-plus years ...