Tuesday, 24 September 2013 20:11

GA and CA Most Expensive States to Own a Car

The cost of buying and operating a car varies from state to state and you might be surprised to learn which state is the most expensive.

Driving in Georgia will take a bite out of your pocketbook. A new survey by BankRate.com has found that Georgia is the most expensive state in the U.S. to operate a motor vehicle, followed by California. Oregon is said to be the most affordable for those hitting the roads everyday.

The cost of gas, insurance, repairs, taxes and fees are all factored into what it costs Georgia residents an average of more than $4,000 per vehicle per year.

Residents of Oregon benefit from the lack of a state sales tax, low auto insurance and the fact that they drive 16-percent fewer miles than the national average. Those factors land the state on the bottom of the list at $2,204 annually.

The national average for operating a car is $3,201 according to the survey.