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Why owning a car is more expensive than ever

AAA does the math for us and they say new cars are the priciest they've ever been.

GOLDEN VALLEY, Minn. — The average cost of owning a new car went up five percent this year, according to the latest AAA data. Financing is the largest factor of the increase, accounting for a 24 percent increase over 2018. Here’s a breakdown of the report, plus tips for the cheapest time to buy a new car.

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