The cost of driving is rising and the second-hand car market is booming

The cost of driving is rising and the second-hand car market is booming. The American Automobile Association (AAA) announced on the 27th the 2012 "Driving Costs"...

The cost of driving is rising and the second-hand car market is booming. The American Automobile Association (AAA) announced on the 27th the 2012 "Driving Costs" (Your Driving) Costs) research report shows that last year, the cost of using and maintaining a car, gasoline and tire fees increased significantly, but the value of the car also increased, and the owner extended the use time, resulting in the increase in the value of second-hand cars. According to the report, if a car in the United States was driven 15,000 miles last year, the average usage fee increased by 1.9%, and the annual cost was approximately 8,946 yuan. Since 1950, AAA has published annual driving cost reports. But the cost of owning and driving a car hasn't increased much. "Gas costs have increased compared to last year, but we didn't expect used cars to retain their value. Many people don't know that car depreciation is the single largest expense of owning a car," said Caggins, AAA's director of vehicle maintenance. Caggins said that there is indeed a shortage of high-quality used cars in the auto market. "The auto market usually has used cars that have been manufactured for two to three years. But now that people are not buying new cars, it is difficult for second-hand cars to appear. Even used cars that have been manufactured for three to four years can maintain their value. If a car was worth 15,000 yuan last year, it is likely to be 15,000 yuan this year." As new car sales have been strong over the past nine months, Caggins said, "the residual value of used cars is going to start to change over the next 24 months." Among the expenses of owning a car, the largest increase from last year to this year is the cost of gasoline, which increased by 14.2 cents per mile, an increase of 14.8%. The tire fee increased by 4.2% due to the increase in the cost of natural rubber, tire manufacturing oil and transportation. Car insurance premiums will increase by 3.4% based on the minimum premium with a good driving record. Car maintenance fees increased by 0.7%, and vehicle depreciation fees decreased by 4.9%.