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AAA has very similar figures with a breakdown. Depreciation is a lot but not everything:

https://newsroom.aaa.com/wp-content/uploads/2022/08/2022-You...



used and self financed costs out a majority of those costs


According to their data the cost of financing is $658/annually out of $10k total. I assume you’re thinking used cars will reduce depreciation, but it won’t go to zero and even if it did you’d still be looking at less than half of the total cost since a used car still needs gas, tires, parking, and you’d have more in repairs. Cars are just expensive.




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