ownership

Study: Self-driving cars will be a $7 trillion industry by 2050
Study: Self-driving cars will be a $7 trillion industry by 2050

In the 1960s, it was plastics. In the 1990s, it was ecommerce. And in the 2040s, many of the world's movers and shakers will likely be working on autonomous cars--at least according to one new study. That study is called Accelerating the Future: The Economic Impact of the Emerging Passenger...Read More»

Uber driver (photo by Uber)
Auto industry nightmare: consumers are giving up cars for good

Unprecedented changes are taking place in today's auto industry. Companies old (e.g. Ford, Toyota) and new (e.g. Tesla, Waymo) are working overtime to make cars that run on battery power, drive themselves, and function as taxis. They're doing all that to prepare for a future 10 or 20 years down the...Read More»

Elizabeth Taylor
Drop in driving and car ownership suggests that America's love affair with cars may be over

With lots of wide-open spaces and a sprawling (though crumbling) system of roads, America has been an ideal country for cars. But a new study from the University of Michigan Transportation Research Institute suggests that our long, national love affair with automobiles may be coming to an end. It...Read More»

2016 BMW X5 xDrive40e  -  first drive review, May 2016
The most and least expensive cars to own

Car commercials lie. They promise viewers that owning a vehicle is a series of romantic trips to the mountains, conveniently forgetting to mention that cars can be outrageously expensive, even after you've paid off the note. To prove that point, the website YourMechanic, which arranges house calls...Read More»

Gas pump
Annual Cost Of Car Ownership Falls To $8,698

Owning a car isn't cheap. First, there's the price of the vehicle, which now hovers north of $30,000, on average. Then there's the cost of maintenance, which can be a real headache in some parts of the country. Tack on the price of insurance, fuel, and the occasional pair of fuzzy dice, and you've...Read More»

2015 Dodge Grand Caravan
Those Who Keep Cars Longer Are Less Brand-Loyal

The longer you keep your car, the less likely you are to replace it with another model from the same brand. There may be plenty of brand-and-model exceptions, but that’s what a new analysis from Experian Automotive finds across the vehicle market—and it definitely upends some inferences...Read More»

Map of the U.S.A.
Wyoming, Louisiana, And Florida Are The Most Expensive States For Car Owners

Cars are pricey these days -- and they're quickly getting pricier. But a new ride costs more than the sum printed on the window sticker, and sadly, many shoppers fail to consider the costs of car ownership when looking for their next vehicle. In some places, that's not such a big deal, but in...Read More»

money
AAA Says Cost Of Car Ownership Has Fallen Over $200 In The Past Year

Owning a car is a major financial responsibility. Apart from paying for it -- which often includes negotiating a loan, adding hundreds or thousands of dollars to the purchase price -- the ongoing expense of insurance, fuel, and maintenance can really eat away at owners' bank accounts. According to...Read More»

'Toward Los Angeles': hitchhikers photographed by Dorothea Lange, via Library of Congress
More U.S. Families Opt Out Of Auto Ownership

We've been told time and time and time again that young people just aren't that into cars. Apparently, that's the good news. According to a study published by the American Association of State Highway and Transportation Officials and the U.S. Department of Transportation (PDF), the U.S. population...Read More»

Traffic in Atlanta, Georgia during rush hour (via Wikimedia)
Survey Flawed: Georgia Probably Isn't The Most Expensive State For Car Owners After All

Back in August, Bankrate released a study of the costs of car ownership. After analyzing a range of factors -- including registration fees, fuel costs, and insurance -- the website revealed that Georgia is the most expensive state in which to own a vehicle. Only problem is, that's probably wrong...Read More»

Map of the U.S.A.
Georgia Is The Most Expensive State For Car Owners: How Does Your State Stack Up?

It's no secret: buying a car is a major investment. Sadly, shoppers often become fixated on the purchase price of a vehicle, forgetting that the cost of ownership includes many other things, like insurance, maintenance, and fuel. Thankfully, the folks at Bankrate.com have gathered all those figures...Read More»

Handing over car keys
Auto Leasing Hits Record High: Do We Think About Cars Differently Now?

Once upon a time, the thought of leasing a vehicle was a foreign concept to new-car shoppers. "Why rent when you can own?", our grandparents said. But oh, how things change. According to Experian Automotive, leased vehicles now make up a significant chunk of dealership business -- and in fact, that...Read More»

2013 Chevrolet Volt
Chevrolet Volt Takes Top Honors In Owner-Satisfaction Survey

Consumer Reports has released its annual Owner-Satisfaction survey, and for the second year in a row, top honors went to the Chevrolet Volt. The findings are based on responses to the Consumer Reports Annual Auto Survey, which polls car owners across the U.S. The data was fielded by the Consumer...Read More»

Traffic in China
Americans Own Fewer Cars Than Europeans, More Than Chinese

We live in exciting times. Cell phones and jet planes have made the world vastly smaller. The internet has radically changed the way we communicate and do business. And although poverty and disease remain huge problems around the globe, entrepreneurs, agencies, and governments are developing new...Read More»

gauge cluster - 2012 Mazda5
Why Does My New Car Have No Temp Gauge?

While cars are coming with increasingly complex instrument panels, you might notice one feature is missing from your new vehicle: the coolant temperature gauge. Over the past several years, we've noticed the trend across a wide range of vehicles. Such is the case, too, with the latest versions of...Read More»

1979 Lincoln Town Car, Missoula, Montana
Owners Keeping Vehicles Longer, Aftermarket Serves To Benefit

It seems the days of buying a brand-new car every two to three years are fading into history, as most buyers are keeping their new cars for much longer. Among families who buy their cars new, six, eight, even ten years isn't uncommon. According to Polk, car ownership continues to get longer; as of...Read More»

2011 Ford Fiesta
Ford's Fiesta Movement Keeps Moving After You've Moved On

There's no question that Ford has scored a huge marketing coup with its hip, fully wired Fiesta Movement. The campaign's camera-ready army of influencers tweeted and Facebooked and YouTubed the hot new compact to an astounding 60% brand recognition before it even appeared in showrooms. The Movement...Read More»

2010 Toyota Corolla
Frugal Shopper: For Cost-Conscious Commuters, Sedans Make Sense

We've recently reported that there are a lot of deals to be had on new vehicles this season—especially on SUVs and trucks. But the flip side is that the costs of vehicle ownership are up significantly this year, and those very same aspects that are making some SUVs looking like such a steal at...Read More»

mechanic
Report Confirms Auto-Repair Gouging, Ranks Best And Worst Cities

With auto repair chains ever expanding and dealership service becoming more consistent and predictable, you might think that repair costs are becoming much more standardized than they used to be for car repairs done at independent shops, with very little variation, once you average a few shops...Read More»

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