10 Worst States
To Own a Car
Previous-
Where Drivers Pay the Most
What you pay to own and operate your vehicle goes way beyond the sticker price you paid. But how far beyond actually depends on where you live.
That's because financing, insurance, taxes, fees, fuel and other costs vary from state to state.
Click through our gallery as Forbes reveals the worst states to own a car, when the numbers are crunched using apples-to-apples assumptions.
· Article: Why Where You Live Matters
Next: No. 1 Worst State -
Marco Garcia, AP
No. 1: Hawaii
Taxes & Fees: $1,847
Depreciation: $19,152
Finance & Interest: $6,237
Insurance: $12,744
Fuel Costs: $14,833
Maintenance: $3,705
Repairs: $939
Total True Cost to Own: $59,457
· More on Hawaii
Next: No. 2 Worst State -
David McNew, Getty Images
No. 2: California
Taxes & Fees: $3,282
Depreciation: $18,194
Finance & Interest: $6,467
Insurance: $11,670
Fuel Costs: $14,280
Maintenance: $4,335
Repairs: $1,120
Total True Cost to Own: $59,347
· More on California
Next: No. 3 Worst State -
Paul Souders, Tourism North/AP
No. 3: Alaska
Taxes & Fees: $538
Depreciation: $19,143
Finance & Interest: $5,966
Insurance: $13,384
Fuel Costs: $13,846
Maintenance: $4,097
Repairs: $1,078
Total True Cost to Own: $58,052
· More on Alaska
Next: No. 4 Worst State -
Marco Garcia, AP
No. 4: Nevada
Taxes & Fees: $4,036
Depreciation: $18,326
Finance & Interest: $6,110
Insurance: $10,616
Fuel Costs: $13,406
Maintenance: $4,191
Repairs: $1,078
Total True Cost to Own: $57,763
· More on Nevada
Next: No. 5 Worst State -
John Himelrick, Getty Images
No. 5: West Virginia
Taxes & Fees: $2,068
Depreciation: $18,185
Finance & Interest: $5,627
Insurance: $13,031
Fuel Costs: $13,799
Maintenance: $3,849
Repairs: $973
Total True Cost to Own: $57,532
· More on West Virginia
· See the Study's Assumptions
· Click for Worst States No. 6 - 10
Next: Best States to Own a Car -
Chuck Burton, AP
Also on AOL:
Best States to Own a CarJust as there are states where drivers pay the most for owning a car, there are states where drivers pay the least.
Click through our gallery to see which states Forbes lists as having the lowest car-related costs.
Gallery: Best States to Own a Car
More on AOL: National Home Prices -
More in Money & Finance:
National Home Prices
National home prices fell 8.9% in 2007. Of the top 20 markets tracked by the Standard & Poors/Case-Shiller Home Price Index, 17 metro areas reported annual price declines and three reported flat or moderate growth rates.
Click through our gallery for a look at state of the market in these regions.
Profiles of Top 20 Markets
More Money & Lifestyle Features
Recent Comments
StreetCrimeSgt 04:09:00 PM May 24 2008
What is going on with all the violence in New York City! Mayor Bloomburg is doing a horrible job, the Police Department is down 6,000 Officers!!! And now Police Commissioner Kelly wants to become Mayor of NYC..........thats the worst thing for New Yorkers.....he stinks as the "Top Brass" and he will destory the city as well!
Mbelleau 12:47:40 PM May 13 2008
MARY ANN
I GOT OUT OF A SPEEDING TICKET BYE TELLING THE OFFICER I HAD MY CRUISE CONTROL ON AND IT WAS A NEW VEHICLE AND I TOLD HIM HIS METER WAS BROKE IT WORKED.
Restargazer 12:18:51 PM Apr 22 2008
Might be Gov. pay scale: I pay less then l00 pe month for one vehicle
Older truck ins. gas repair lic.
Once in awhile something happens Mech. HELP
Sure don't understand there figures
Ernest Suter 11:52:29 AM Apr 22 2008
The totals for New York City bring up the entire average for New York state. $8 per HOUR to park in NYC, usually $28 to $40 per day. There is very little parking on the street so there are not many options. If you don't follow alternate side of the street parking rules (street cleaning, one side of the street is closed for a few hours each day) you get a parking ticket for $115 (at least that's what it was 3 years ago when I left). Add that in to the expenses on this report and I think NYC is the most expensive.
DeloresADare 09:04:24 AM Apr 22 2008
with gas prices ,insurance,andviolation fines being used as a source of income for the state treasury, iowans will probably be riding horses again.
Pat SG 05:12:11 AM Mar 22 2008
There's a lot of wiggle room in these numbers. First is that they are five year not one year totals. And while depreciation may be the lions share as they figure it. If you're going to drive the same vehicle for five years, how much does it really matter. And of course your insurance rate depends largely on age and driving record.
Mileage - At 15,000 miles per year you'd be driving about 300 per week. How many people really drive forty three miles a day seven days a week? I don't. Gas costs are as volatile as the stuff itself. But even at at 12 mpg, I don't spend anything like the amount they're showing.
Sales taxes. Some states have none. In others like Maryland and Massachussetts it's a uniform rate statewide. Here in NY it varies by county and in some cases by city. The range is 4%, where it's state tax only, to a high of 8 3/4 % in upstate Oneida county.
To my mind there are eough assumptions and wiggle roon in the numbers given, that to my mind they are essentially usel
