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That was down from $3.216 a month ago and $3.494 a year ago.
Some experts predict prices will continue to fall in 2025 and beyond.
Lower gas prices can have a snowball effect on the amount of money you pay in other areas.
Here are three ways plummeting gas prices willlower your overall car costs in 2025.
The national average across all vehicles was $143 a month.
If gas prices rise by 25 cents a gallon, the average monthly cost climbs to $155.
If gas prices rise by 50 cents a gallon, the monthly cost is $166.
About 12% is spent on maintenance, repair and tires.
When gas prices are especially high, they eat up an even bigger part of the budget.
This could leave less money for maintenance and repairs if you are on an especially tight budget.
One result is that you might skip needed tune-ups and oil changes that can help prevent expensive repairs.
But it also works in the other direction.
Extra payments made on your car loan usually go toward the principal balance, according to LendingTree.
This means you will lower your overall car costs by reducing the amount of interest you end up paying.
But youll want to check that first.
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