Wall Street

Annual Operating Cost For 2022 Small Sedan Tops $10,000: AAA

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Knewz

By Richard Horgan Los Angeles (Knewz) — The cost of operating a small sedan has seen a massive increase in recent years, according to a recent report. In the case of a small sedan, it starts with the “Operating Costs.” According to AAA, based on a cross-section of five top-selling 2022 small sedan models, this amounts to 12.51 cents in gas and 8.87 cents in maintenance, for a total of 21.38 cents per mile. Next come “Ownership Costs.” Think: insurance; license, registration and taxes; depreciation; and finance charges. AAA rolls all this into conservatively tabulated annual mileage totals of 1…

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