agent Entrepreneur logo
MenuMENU
SearchSEARCH

Auto Ownership Costs Down

Annual AAA study shows a mix of circumstances have eased pocketbook strain this year.

September 16, 2025
Auto Ownership Costs Down

The study also compares the cost of owning and operating a gas-powered vehicle and an electric one. It found that fuel prices happen to be the deciding factor in current conditions. 

Credit:

Pexels/Martinus

2 min to read


 

The cost of owning and operating a new vehicle, against a lot of odds, has actually fallen, according to AAA data analysis.

Due to a mix of reduced depreciation, lower gas prices and finance charges, and consumers gravitating to more affordable models, the average annual impact on the wallet has fallen about $720 to $11,577, or $965 a month.

Ad Loading...

It’s a bright spot for consumers amid an inflationary onslaught, from rising sticker prices and repair and maintenance costs to increasing insurance premiums.

AAA has now offered the auto cost analysis for 70 years. It says vehicle depreciation makes up the biggest portion of ownership cost. The autos it used to calculate this year’s cost numbers lose nearly $350 less value per year than last year, or a total of $4,334.

Meanwhile, average new-vehicle finance costs have fallen 15% to $1,131, fuel costs by about 13% to 13 cents per mile as average regular-grade gas prices fell about 39 cents per gallon to $3.15 while electricity prices for electric-vehicle charging rose by about 1 cent per kilowatt hour.

For the study, AAA tapped data from multiple sources on 45 mid-priced models, using standard criteria and basing its analysis on five years and 75,000 miles of ownership, or 15,000 miles of driving per year. 

The study also compares the cost of owning and operating a gas-powered vehicle and an electric one. It found that fuel prices happen to be the deciding factor in current conditions. 

Ad Loading...

Though EVs come with lower operating costs, including fuel and maintenance, they still have higher ownership costs, including depreciation, insurance, financing and fees. So this year’s gas price decline and electricity price uptick tipped the balance, making EVs the most expensive to own and operate, AAA calculated.

AAA added to the annual report a comparison of 11 gas, EV and hybrid models’ annual costs.

LEARN MORE: How Your Dealership Can Weather This Economic Uncertainty

 

Originally posted on Auto Dealer Today

More Industry

Two white men's shaking hands
Industry•October 15, 2026

Penske Auto Group Deal a Record

The deal to take the dealership and transportation services company private sets a new pace for industry buy-sell transactions.

Read More →
Rows of cars parked in exterior lot
Industry•by Hannah Mitchell•October 8, 2026

War Toll a Damper on Used Auto Prices

Cox Automotive found wholesale depreciation to be elevated in September amid high fuel prices and this year's unusual hurricane season.

Read More →
Mechanic cleaning interior of engine
Industry•by Lauren Lawrence•October 8, 2026

Bridge the Maintenance Gap

With many drivers missing recommended maintenance, service departments offering transparency and efficiency have a better chance of reaching financially strained consumers.

Read More →
Ad Loading...
Ford F-150 truck rounding a curve
Industry•by Hannah Mitchell•October 1, 2026

California Store Has New Owner

The longtime dealership in the northern part of the state is known for robust fleet sales and has served the state capital for 115 years.

Read More →
crane lowering a pipeline into the ground
Industry•by Lauren Lawrence•October 1, 2026

BMW Plant Pursues Cleaner Energy

BMW Group Plant Leipzig has utilized hydrogen to help power its production since 2013, but a new pipeline is planned to take it to another level.

Read More →
Two dodge cars outside of dealership.
Industry•by Lauren Lawrence•September 17, 2026

Auto Affordability Inches Up

The latest Cox Automotive and Moody’s Analytics index shows a slight increase in new-vehicle affordability despite high prices.

Read More →
Ad Loading...
Five men smiling for photo in front of Honda car dealership.
Industry•by Lauren Lawrence•September 10, 2026

Ohio Auto Group Under New Ownership

After 79 years with the Schluter family, Mansfield Auto Group has been acquired by Missouri-based Clement Auto Group.

Read More →
Blue and white RV parked on beach facing the ocean.
Industry•by Lauren Lawrence•September 3, 2026

RV Group Expands Carolina Footprint

Blue Compass RV Columbia Northeast is the 13th RV dealership owned by Blue Compass in the Carolinas.

Read More →
Photo of two men and one woman on a discussion panel
Industry•by Hannah Mitchell•September 1, 2026

Agent Acumen

An Agent Summit panel of people who’ve been supporting auto dealers for years gave both timely and timeless advice for those starting out or mulling the prospect.

Read More →
Ad Loading...
Gloved hand holding two wrenches next to “Turn Overdue into Opportunity” Graphic
Industry•by Lauren Lawrence•August 27, 2026

Missed Maintenance Creates Opportunity

As families get back on the road and into daily school routines, service drives have an opportunity to capture customers who are behind on recommended vehicle maintenance.

Read More →
Ad Loading...