Is Downsizing to One Car in Retirement Right for You? The Complete 2025 Guide to Saving $10,000+ Annually
Yes, Downsizing to One Car Can Save Most Retirees $8,000-$12,000 Annually According to AAA's 2024 Your Driving Costs study, the average annual cost of owning and operating a new vehicle is $12,297 or $1,025 per month. For retirees eliminating a second vehicle, realistic annual savings…
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