Why Owning a Car Is Getting Almost as Tough as Owning a Home

Why Owning a Car Is Getting Almost as Tough as Owning a Home
Shutterstock
Rodd Mann
Updated:
0:00

As house prices continue to climb, vehicles are simultaneously getting more expensive in terms of purchase prices, maintenance and parts costs, and auto insurance.

The high price of home ownership has increased the number of Americans who no longer qualify for mortgages, but the high cost of vehicle ownership is also beginning to financially challenge—and even shut out—more and more Americans.

Rodd Mann
Rodd Mann
Author
Rodd Mann writes about carving out a creative and unique new career in a changing world. His own career has taken him all over the world, working in accounting, finance, materials, logistics and manufacturing operations. Author, teacher, writer, consultant, Rodd has worked in many high-tech roles.