Cash for Cars Portland - Average Cost of Car Ownership Raised 1.9% to $8946 a Year
According to a study conducted by AAA, the annual cost of car ownership for 2012 has increased approximately 1.9% to $8946 a year for an average sedan. This figure includes a 14.8 percent increase in fuel costs and a 3.4 percent increase in insurance costs. In addition to these increased car ownership costs, the average salary in the United States has decreased 7.8 percent, according to Sentier Research. Many in Portland are turning to selling their vehicles to reduce their...
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