Annual costs of owning a car

Maryland is twelfth highest in the BankRate survey (via Business Insider), substantially higher than neighboring Pennsylvania and Virginia (Delaware and West Virginia had costs comparable to ours). While Maryland has a relatively high gas tax, our spending on gasoline itself is only in the middle of the pack (perhaps because Marylanders are more likely to buy gas-thrifty vehicles and drive shorter distances than residents of many other states). Unfortunately, our repair and insurance costs are among the nation’s highest; both are influenced by regulation as well as other factors.

We reported in May on a National Motorists Association survey that found Maryland one of the worst states in the country in looking after motorists’ interests, in part because of the high reliance by law enforcement on methods geared to raise revenue through traffic-law enforcement.

Advertisements

Leave a comment

Filed under Policy

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s