The annual cost of owning a car has skyrocketed in the last year to over $12K

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Cars just got way more expensive to drive.

The cost of ownership has been rising, but Americans saw a ‘sharp increase’ this year compared to 2022, when a year of payments and maintenance was

over $1,000 less.a weekend editor who covers the latest in tech and entertainment. He has written news, reviews, and more as a tech journalist since 2020.

 

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