US cities where it is cheaper to own a car
For many of us, cars are a major status symbol that signifies our hard work. For others, it's just a way to get around.
However, owning a car can be expensive. It is essential to have a car for people in regions with poor access to public transportation. Residents of remote cities in the United States own at least 1-2 cars. However, the material of finance.yahoo.com describes where it is cheaper to own a car.
Buyers in the Buckeye State will receive favourable offers
Residents of the Cleveland-Akron area in northeastern Ohio can find some of the best-used car deals in the country. When the car search engine iSeeCars researched the cheapest and most expensive American cities to buy used cars, they found that prices in Cleveland-Akron were on average 8.1% lower than the national average. Overall, it's good to be a used car buyer in the Buckeye State: Cincinnati came in second on the list, with prices still 7.6% below the national average.
Orlando-Daytona Beach, Florida
You can find more affordable used cars in Orlando-Daytona Beach, Florida. This bright spot in the Sunshine State is also on iSeeCars' list, which claims you'll find used vehicles for about 6.6% less than the national average, with an average price of about $31,971.
Indianapolis, Indiana
Indiana drivers put more miles on their cars than average Americans, so a well-maintained used car is a worthwhile investment. According to iSeeCars, used cars in Indianapolis are almost $2,000 cheaper than the national average.
Milwaukee, Wisconsin
While used car prices have a significant impact on the affordability of car ownership, other elements such as tolls, insurance, parking costs, and gas prices also play a role. In compiling a list of the most and least expensive cities for car owners, The Zebra found that Wisconsin's lack of toll roads, as well as low insurance premiums and reasonable garage parking fees, made it easier for Cheeseheads to save money.
Salt Lake City, Utah
Salt Lake City, Utah, offers gorgeous countryside to drive through, as well as gas prices below the national average, which encourages you to make the trip even longer. Car insurance premiums are below $1,500. According to The Zebra, the ratio of car loan debt to income is 30%.
Norfolk-Portsmouth-Newport area, Virginia
In this part of Virginia, used car prices are among the lowest in the country. It is estimated to be $5,746 less than the national average. Considering that residents typically have to drive to most places even to access public transportation - especially to travel to Washington, D.C. - the lower cost of a used car helps motorists get their money's worth.
