It doesn't cost anywhere close to that unless you are driving an absolutely insane amount of miles or have some ridiculous supercar where the insurance rates are insane.
I guess we were thinking of different numbers. That's including depreciation, interest and sales tax, which I would consider purchase cost, not part of the cost to own. But
I guess the parent is referencing this kind of study:
> The overall average cost to own and operate a new car in 2025 is $11,577 (decrease of $719 from 2024).
https://newsroom.aaa.com/wp-content/uploads/2025/09/UPDATE-A...