Simeon
@simeonfrank.bsky.social
Reposted by Simeon
AAA estimates the average cost of owning a car is $12,297 a year, and recommends drivers spend no more than 10 percent of their income on car costs. This means you should make 120K to afford the average cost. Median *household* income in the US is $77K. The math just doesn't work.
August 5, 2025 at 4:46 PM
AAA estimates the average cost of owning a car is $12,297 a year, and recommends drivers spend no more than 10 percent of their income on car costs. This means you should make 120K to afford the average cost. Median *household* income in the US is $77K. The math just doesn't work.