Aug 16, 2014 at 12:01 am | Print View
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Iowa ranks as the cheapest accompaniment to own a car, according to a new address based on prices for gas, allowance and repairs.
It costs Iowans $1,942 a year to own a car, which ranks everyman amid all 50 states and the District of Columbia, according to the assay by Bankrate.com, a website that provides banking amount information.
“Drivers in the Hawkeye Accompaniment adore the cheapest car allowance ante in the country, at an boilerplate of $630 per year,” the Bankrate address up stated. “That’s beneath than bisected the amount that drivers pay in Louisiana or Washington, D.C.”
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The assay considers three factors:
•Gasoline prices aggregate from boilerplate prices in 2013 from GasBuddy.com, and ammunition ability abstracts in 2012 and agent afar catholic in 2010 from the Bureau of Activity Statistics.
•Insurance ante based on 2007 to 2011 statistics from the National Association of Allowance Commissioners.
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•An assay of activity and genitalia from 160,000 aliment in 2012 by CarMD.com.
Iowans pay an boilerplate of $998 a year for gas, which is average of the pack, and $315 for repairs, which ranks sixth cheapest in the nation.
The Midwest in accepted has low costs for owning a vehicle. Ohio, Illinois, Wisconsin, South Dakota and Nebraska all ranks in the top 10 for everyman prices.
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The accomplished prices in the nation are begin in Wyoming, area association pay $2,705 for gas, allowance and aliment annually.
It’s not bright how abrasion and breach from poor alley altitude agency into adjustment costs.
Iowa has the additional best structurally amiss bridges in the nation and 13 percent of anchorage are advised in poor condition.
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