Virginia Ranks In Top 10 For Cost of Car Ownership | WAMU 88.5 - American University Radio

WAMU 88.5 : News

Filed Under:

Virginia Ranks In Top 10 For Cost of Car Ownership

Play associated audio
http://www.flickr.com/photos/40646519@N00/2899241270/

When it comes to the cost of operating vehicles, Virginia drivers are paying more out of pocket every year than most of the rest of the country.

The Commonwealth ranks No. 9 on Bankrate.com's list of annual car-ownership costs. According to the report, commuters lay out $3,622 every year on gasoline, insurance, taxes, and repairs.

Maryland, by contrast, clocked in at No. 29 on the list, with costs of $3,158 — just below the national average of $3,201. D.C. was not included in the rankings.

So what is it that puts the commonwealth head and shoulders over the competition? Taxes and fees in the state average nearly $1,600, the seventh highest in the country. Car taxes in Northern Virginia run between 4 and 5 percent, depending on the county. Arlington, for instance, charges 5 percent on the assessed value of a vehicle every year.

There's also some reason to believe that the report may understate the amount spent on gasoline for drivers in Northern Virginia. Commuters in the region face the second-longest commutes in the country behind New York City.

Earlier this year, Gov. Bob McDonnell signed legislation that eliminated the gasoline tax in favor of a 3.5 percent tax on the wholesale price of gasoline as well as a $64 "hybrid tax."

NPR

If These Shorts Could Talk ... New Book Tells 'Worn Stories'

In her new collection Worn Stories, Emily Spivack compiles odes to beloved pieces of clothing, written by celebrities and fashionistas.
NPR

Can Oxfam Nudge Big Food Companies To Do Right?

Oxfam is scoring the 10 biggest food companies on a scale of 1 to 10 on a host of issues, from worker rights to climate change. But will promises translate into concrete changes?
NPR

Rick Perry's Legal Trouble: The Line Between Influence And Coercion

The Texas governor is charged with abuse of office and coercing a public official, but he claims he was just doing what governors do: Vetoing a budget item.
NPR

Tech Week: Uber's Tricks, JPMorgan Hacked & A Desk Microwave

Also in this week's roundup, Amazon's $1 billion purchase surprises some tech watchers. Yet we're most excited about finding a way to avoid physical exertion at lunch.

Leave a Comment

Help keep the conversation civil. Please refer to our Terms of Use and Code of Conduct before posting your comments.