Car Ownership is More Expensive Than Ever ...Middle East

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Car Ownership is More Expensive Than Ever
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Thinking of buying a vehicle soon? Rising car ownership costs might cause you to think again. Owning a truck or car has become far more expensive than in the past, even as recently as three years ago. In the following graphic, Visual Capitalist's Marcus Lu and Pallavi Rao show, using data from the New York Times, how inflation has impacted various aspects of vehicle ownership, based on the percentage change in the Consumer Price Index (CPI).1 Used Car Prices Are Still Elevated in 2023 Unsurprisingly, the biggest increases are logged in the price…

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