Updated at 1:30 p.m., Wednesday, February 6, 2008
Hawaii residents pay the most to own a vehicle
Advertiser Staff
Hawai'i car owners have the highest costs to own vehicles in the nation, according to a study by Edmunds.com.Local car owners paid an average of $59,457 to own a car for five years, when taxes, fees, depreciation, financing costs, insurance, gasoline, maintenance and repairs are tallied, Edmunds.com said.
Hawai'i had the highest average costs for fuel and depreciation of the five costliest states. The study assumed cars were driven 15,000 miles a year.
