00:00Owning a car is getting more expensive long after the monthly loan payment clears.
00:05New analysis from Insurify finds drivers spend an average of $5,851 a year on insurance, gas, and maintenance alone,
00:14separate from financing costs.
00:16Insurance is the biggest piece of that bill, while higher fuel and repair costs are adding even more pressure to
00:23household budgets.
00:24And because those expenses vary significantly by state and driving habits, the real price of keeping a car on the
00:30road can be considerably higher.
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