General Sustainable Transportation Links
The Cost Of Car Ownership
While owning your own car can provide a sense of freedom and mobility-this mobility comes at a high price for individuals and the region as a whole.
Driving Costs
According to the Automobile Club of Southern California, the average annual cost of driving a new car in Southern California was almost $8,000 a year in 2001. Individuals who own their cars outright and don't face a loan or lease payment each month still incur annual expenses of over $4,000 a year for the privilege of driving. These costs include monthly financing or lease payments, auto insurance, license fees and taxes, maintenance costs and fuel.
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