car ownership costs News

How Driverless Cars Might Affect Ownership, Miles Driven

Driverless vehicles may reduce the number of vehicles a family needs, but may lead to an increase in total miles driven. Researchers at the University of Michigan Transportation Research Institute (UMTRI) examined U.S. National Household Travel Survey data that contained …

Most, Least Expensive States to Own a Car

Georgia is the most expensive state to operate a motor vehicle and Oregon is the cheapest, according to a Bankrate.com report that considers the costs of gasoline, insurance, repairs, taxes and fees. In Georgia, a typical driver spends $4,233 per …