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Cost of car ownership on the rise, becoming unsustainable for some drivers

Name: Cost of car ownership on the rise, becoming unsustainable for some drivers
Uploaded: 2024-03-10T23:22:15.000Z
Duration: 2 min 16 s
Description: The total annual cost of owning and maintaining a new car climbed to more than $12,000 last year, up from about $11,000 the previous year. Monthly car payments also spiked along with rising interest rates. NBC News’ Christine Romans has the story.

The total annual cost of owning and maintaining a new car climbed to more than $12,000 last year, up from about $11,000 the previous year. Monthly car payments also spiked along with rising interest rates. NBC News’ Christine Romans has the story.