Ever-Increasing Cost of Driving Limits Personal Mobility: Report

Ever-Increasing Cost of Driving Limits Personal Mobility: Report
New cars are showcased in the window of a car dealership in New York City, on Oct. 5, 2021. Spencer Platt/Getty Images
Emel Akan
Updated:
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Vehicle ownership and personal mobility have become an expensive endeavor in 2022.

The average price of a new car in the United States is now around $48,300, the highest on record. The surge in car prices, combined with large increases in fuel, insurance, and maintenance costs, over the past year have drastically increased the total cost of driving.
Emel Akan
Emel Akan
Reporter
Emel Akan is a senior White House correspondent for The Epoch Times, where she covers the policies of the Trump administration. Previously, she reported on the Biden administration and the first term of President Trump. Before her journalism career, she worked in investment banking at JPMorgan. She holds an MBA from Georgetown University.
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