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2025 Vehicle Ownership Costs Drop: AAA Reveals Key Savings

9/26/2025

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Story summary
  • The cost of owning a new vehicle was $11,577 in 2025, down $719 from 2024, per American Automobile Association (AAA).
  • Depreciation averaged $4,334 annually, and finance costs fell to $1,131.
  • Fuel costs fell to 13.00 cents per mile; gasoline averaged $3.151 per gallon.
  • AAA advises budgeting all ownership costs before purchase; it analyzes costs for EVs, hybrids, and gas cars.