It’s easy to figure out how much it will cost to buy a car. It’s even displayed on the vehicle, hence the phrase “sticker price.” What’s harder is determining how much you’ll spend each year once fuel, insurance, maintenance, and other costs are factored in. To help provide answers, AAA’s "Your Driving Costs" study looks into driving-related expenses each year to see which way they’re trending.1
This year, the total annual cost to drive a new vehicle 15,000 miles came out to $8,849. That’s a 4.5 percent increase from the previous year.