10 States With the Most Expensive Annual Car Costs

It’s no secret that buying and owning a new car is always a very prospective proposition. Not just because of what it costs to roll a new car off the lot -- such as the average down payment across all 50 states (approximately $9,745), or the average cost of annual auto financing (approximately $9,228) -- but because of annual car payment costs and annual car repairs, not to mention annual insurance premiums.

January 14, 2025 · 1 min · 110 words · Kevin Perez

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For example, annual insurance premiums are $1,000 more in Florida than in Illinois.

See which states have the most expensiveannual car costs.

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