Hawaii has highest car ownership costs in the USA

From today’s Hon­olulu Adver­tiser web site, here’s a bit of inter­est­ing news.

Accord­ing to a study by Edmunds.com, Hawaii has the high­est auto­mo­bile own­er­ship costs in the coun­try. The company’s press release is posted here. Edmunds.com based this study on its True Cost to Own bench­mark – an online cal­cu­la­tor that pro­vides results for spe­cific mod­els is avail­able here.

The fig­ure of US$59,457 cov­ers five years of car pay­ments, insur­ance, fuel, main­te­nance and depreciation.

Cal­i­for­nia car own­ers paid $110 less.

In today’s print Adver­tiser, the lead story focused on the mass tran­sit selec­tion process. I’ve changed my think­ing over the last year, and now pre­fer the guided buses instead of rail. The bus routes are much eas­ier to build, and the bus sys­tem would be eas­ier to main­tain. I’d rather spend my com­mute time read­ing than driving.

Tagged as: California, car, commute, Hawaii, Honolulu, USA