True Cost to Own a Car, 10 Worst States

This is a list of 10 worst states where the cost of owning a car is significantly more. There are a number of factors which go into increasing the true cost of owning a car. This list of 10 worst states to own a car is based on costs such as State Taxes, Average depreciation, finance rates, Auto Insurance costs, Average fuel changes & costs, expected maintenance of the car, and repairs costs.

For this list, the numbers would vary a bit based on the make and model of a car, but for most part, the expenses here would be consistent based on the percentage of the total true cost to own a car.

The true cost to own a car based on a retail price of $30,000

Cost of Owning a Car, 10 Worst States

# 10: Arizona

Taxes & Fees: $4,232
Depreciation: $18,229
Finance & Interest: $6,308
Insurance: $9,275
Fuel Costs: $12,832
Maintenance: $4,143
Repairs: $1,061

Total True Cost to Own: $56,080

# 9. New York

Taxes & Fees: $2,826
Depreciation: $18,201
Finance & Interest: $5,869
Insurance: $10,543
Fuel Costs: $14,183
Maintenance: $3,628
Repairs: $897

Total True Cost to Own: $56,147

# 8: Washington, D.C.

Taxes & Fees: $2,357
Depreciation: $18,185
Finance & Interest: $5,748
Insurance: $12,293
Fuel Costs: $13,335
Maintenance: $3,845
Repairs: $973

Total True Cost to Own: $56,736

# 7: Louisiana

Taxes & Fees: $2,715
Depreciation: $18,049
Finance & Interest: $5,714
Insurance: $12,874
Fuel Costs: $12,936
Maintenance: $3,657
Repairs: $905

Total True Cost to Own: $56,850

#6: Connecticut

Taxes & Fees: $2,190
Depreciation: $18,208
Finance & Interest: $5,609
Insurance: $12,057
Fuel Costs: $14,090
Maintenance: $4,096
Repairs: $1,053

Total True Cost to Own: $57,303

#. 5: West Virginia

Taxes & Fees: $2,068
Depreciation: $18,185
Finance & Interest: $5,627
Insurance: $13,031
Fuel Costs: $13,799
Maintenance: $3,849
Repairs: $973

Total True Cost to Own: $57,532

#. 4: Nevada

Taxes & Fees: $4,036
Depreciation: $18,326
Finance & Interest: $6,110
Insurance: $10,616
Fuel Costs: $13,406
Maintenance: $4,191
Repairs: $1,078

Total True Cost to Own: $57,763

#. 3: Alaska

Taxes & Fees: $538
Depreciation: $19,143
Finance & Interest: $5,966
Insurance: $13,384
Fuel Costs: $13,846
Maintenance: $4,097
Repairs: $1,078

Total True Cost to Own: $58,052

#. 2: California

Taxes & Fees: $3,282
Depreciation: $18,194
Finance & Interest: $6,467
Insurance: $11,670
Fuel Costs: $14,280
Maintenance: $4,335
Repairs: $1,120

Total True Cost to Own: $59,347

#. 1: Hawaii

Taxes & Fees: $1,847
Depreciation: $19,152
Finance & Interest: $6,237
Insurance: $12,744
Fuel Costs: $14,833
Maintenance: $3,705
Repairs: $939

Total True Cost to Own: $59,457
Source: Forbes.com

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