This last week I had to re-register my car. It cost me $200. The same day I had to buy new windshield wipers, which was another $50. That got me thinking about how much money we spend on our cars. What I found is that on average, Americans spend 13% of their household income on transportation and personal vehicles account for 90% of those expenditures.
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Cars: Should You Buy or Lease?
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This last week I had to re-register my car. It cost me $200. The same day I had to buy new windshield wipers, which was another $50. That got me thinking about how much money we spend on our cars. What I found is that on average, Americans spend 13% of their household income on transportation and personal vehicles account for 90% of those expenditures.