CHARLOTTESVILLE, VA (CVILLE RIGHT NOW) – The cost of very few things is lower this year than it was last year, but a Triple A survey shows new vehicle ownership and operation costs are one of those, though only slightly. A new Triple-A survey reveals the average cost of owning and operating a new vehicle in 2025 is $11,577, down $719 from 2024.
Triple A Midatlantic’s Morgan Dean said, “Factors contributing to this decline include depreciation, lower finance charges, lower fuel prices, and a shift toward more affordable vehicle options, those smaller, less expensive vehicles out there.”
Dean says depreciation, the loss in value of a vehicle starting when you drive it off the lot, is the largest vehicle ownership cost…