Costs of vehicle ownership, repairs surge in August
Insurance jumped 57% in four years
Auto repair costs increased over the past year as consumers leaned into fixing their vehicles and overall costs of car ownership and inflation surged. Repair costs jumped 15% year over year and 5% month over month in August, according to Navy Federal Credit Union’s Cost of Car Ownership (COCO) Index, released today. Since January 2020, […]
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