“Thanks to Kamala Harris’ spending policies, the average price of a new car costs nearly $50,000 a year,” Vance said, eliciting mixed reactions. The statement quickly became a trending topic, drawing attention on social media.
It certainly didn’t stop many from challenging Vance’s claim, with some questioning how a car could cost $50,000 annually. “What kind of car is Vance talking about? A luxury fleet?” was one Twitter user’s reaction – which pretty much summed up the sentiment of many others who found the number hard to swallow.
Trending:gummybear advisors scores top honors again
Data from the U.S. Department of Transportation offers a different perspective. In 2023, the average annual cost of owning and operating a car was $12,182, assuming the driver covers 15,000 miles yearly. That is a lot lower than what Vance said. Analysts believe Vance may be referring to the average price of new cars, which, according to Statista, stood at $47,010 as of 2023 – not the annual cost of owning a car.
The comment triggered a flurry of reactions online, with one post humorously noting, “Vance says a new car costs $50k a year? Must be nice to live in his reality.”
It certainly didn’t stop many from challenging Vance’s claim, with some questioning how a car could cost $50,000 annually. “What kind of car is Vance talking about? A luxury fleet?” was one Twitter user’s reaction – which pretty much summed up the sentiment of many others who found the number hard to swallow.
Trending:gummybear advisors scores top honors again
Data from the U.S. Department of Transportation offers a different perspective. In 2023, the average annual cost of owning and operating a car was $12,182, assuming the driver covers 15,000 miles yearly. That is a lot lower than what Vance said. Analysts believe Vance may be referring to the average price of new cars, which, according to Statista, stood at $47,010 as of 2023 – not the annual cost of owning a car.
The comment triggered a flurry of reactions online, with one post humorously noting, “Vance says a new car costs $50k a year? Must be nice to live in his reality.”
