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By Insurify
Mar 4, 2021
In these states, car owners can drive easy knowing they re spending less on their vehicles compared to the rest of the nation.
Between buying a car, insuring it, fueling it, and paying for maintenance and repairs, car owners shell out a hefty sum over their vehicle s lifetime. Cars, especially new ones, are also one of the quickest-depreciating investments one can make: after just one year, the value of a purchased new car can decrease by 20 percent. It’s clear that the decision to invest in a vehicle is one that must be considered carefully, given the inevitably expensive nature of car ownership.
By Insurify
Mar 4, 2021
In these states, car owners can drive easy knowing they re spending less on their vehicles compared to the rest of the nation.
Between buying a car, insuring it, fueling it, and paying for maintenance and repairs, car owners shell out a hefty sum over their vehicle s lifetime. Cars, especially new ones, are also one of the quickest-depreciating investments one can make: after just one year, the value of a purchased new car can decrease by 20 percent. It’s clear that the decision to invest in a vehicle is one that must be considered carefully, given the inevitably expensive nature of car ownership.