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☆ Buying a new car could cost you $7,600 a year on top of the sticker price, nearly double a decade ago
▼ + stars: | 2024-03-12 | by ( Cork Gaines | ) www.businessinsider.com time to read: +3 min

EdmundsThe total cost of a new F-150 over five years, including the $36,400 additional costs on top of the $48,100 sticker price, is about $85,000. That would make the total cost of the car about $91,000, including the original purchase. EdmundsThe total cost for gas and hybrid Rav4s would be about $64,300 over five years, including the original purchase price of about $35,000. Both models also have much lower depreciation than the F-150 and the Model Y, dropping about $12,300 in value over five years. AdvertisementIt's important to consider the total cost of ownership when selecting a new vehicle, which can be thousands more out of your pocket every year.

Persons: —, That's, Edmunds Organizations: Service, Business, Ford, Toyota, Tesla Locations: Edmunds

DETROIT (AP) — Toyota is telling the owners of about 50,000 older Corolla, Corolla Matrix and RAV4 models to stop driving them because their Takata air bag inflators are at risk of exploding and hurling shrapnel. The recalled RAV4s have Takata driver's air bags while the Corolla and Matrix models have them on the passenger side. The Corolla and Matrix also are under a separate recall because their air bags can be deployed without a crash, the company said. Takata used volatile ammonium nitrate to create a small explosion to inflate air bags in a crash. The exploding air bags sent Takata of Japan into bankruptcy.

Persons: Toyota, RAV4s, Takata inflators Organizations: DETROIT, Toyota, Corolla Locations: U.S, Malaysia, Australia, Japan

DETROIT (AP) — Toyota isn’t telling owners of 1.9 million recalled RAV4 SUVs to park them outdoors even though U.S. safety investigators have four complaints about engine fires that can start with the vehicles' ignitions turned off. In addition, the agency has eight reports of fires that started on the driver's side of the engine compartment where the battery is located. Four reports said “thermal events” happened with the ignition off, indicating that it may be wise for owners to park the SUVs outdoors until they can be repaired. But Toyota spokesman Aaron Fowles said the company is not advising people to park the RAV4s outdoors. Documents posted Friday by the safety agency say that Toyota has found 22 "field technical reports" in the U.S.

Persons: —, ignitions, Aaron Fowles, haven't, ” Toyota Organizations: DETROIT, — Toyota, Traffic, Administration, Toyota, U.S, NHTSA Locations: RAV4s, U.S

Toyota Recalls Nearly 1.9M RAV4s to Fix Batteries That Can Move During Hard Turns and Cause a FireToyota is recalling nearly 1.9 million RAV4 small SUVs in the U.S. to fix a problem with batteries that can move during forceful turns and potentially cause a fire

Organizations: Toyota Locations: U.S

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