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The True Cost of Owning a Vehicle in 2026 ( What Drivers Actually Pay )

The True Cost of Owning a Vehicle in 2026 ( What Drivers Actually Pay )

Car Connection Workshop Jan 30, 2026 42 min
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About this episode

Exploring the true cost of vehicle ownership in 2026, this episode breaks down annual expenses for different models, comparing a Chevy Traverse and a Toyota Corolla. Listeners will learn about maintenance costs, fuel consumption, and the impact of driving habits on overall expenses. The host shares insights on how to save money through proper vehicle maintenance and driving practices, emphasizing the importance of understanding vehicle costs to avoid financial pitfalls. Engaging anecdotes and practical advice make this a valuable listen for anyone looking to manage their automotive expenses better.

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Technical Too Afraid to Ask
Car

Ford Excursion

"...eks, two weeks of the year escaped for my fishing excursion and just rest in relaxation. And that's still ki..."

The Ford Excursion is a really big SUV that can carry a lot of people and stuff, making it great for road trips or towing trailers. It's built tough like a truck, so it can handle rough roads and heavy loads. People mention it when talking about vehicles that are good for family outings or outdoor activities.

Car

Chevy Traverse

"...I looked up a Chevy Traverse and compared it to a Corolla 2025 model series..."

The Chevy Traverse is a type of SUV made by Chevrolet. It's popular for families because it has a lot of room inside for passengers and luggage.

Car

Toyota Corolla

"...I looked up a Chevy Traverse and compared it to a Corolla 2025 model series..."

The Corolla is a small car made by Toyota. It's known for being dependable and good on gas, making it a popular choice for many drivers.

Concept

SUV

"...So gas sport utility vehicle, that's what I looked up..."

An SUV is a type of vehicle that is bigger than a regular car and can hold more people and things. They are often used for family trips or driving in rough conditions.

Term

driving record

"...your driving record, right? Your abstract. People don't realize that, you know, you're pounding it up and down the highway..."

A driving record shows how well you drive, including any accidents or tickets you've gotten. Insurance companies look at this to decide how much to charge you for coverage.

Term

insurance premium

"...your driving record, right? Your abstract. People don't realize that, you know, you're pounding it up and down the highway..."

An insurance premium is the money you pay to have car insurance. If you get into accidents or have tickets, your insurance might cost more in the future.

Term

annual maintenance

"Maintenance, $232 to $700 for the year. I think it's a little low, but anyways, it's average."

Annual maintenance is the care and check-ups your car needs every year to keep it running well. This includes things like changing the oil and checking the brakes.

Car

Ford Bronco

"...you've got the new Ford Bronco. You've got crossovers. You know, everyone seems to have a crossover now."

The Ford Bronco is a type of SUV that is designed for off-road driving. It has a tough look and is built to handle rough terrains, making it popular among adventure seekers.

Term

crossover

"...You've got crossovers. You know, everyone seems to have a crossover now."

A crossover is a kind of vehicle that mixes the features of a car and an SUV. It usually has more space and a higher seat position than regular cars, making it popular for families.

Brand

Honda

"...Honda, Subaru, Toyota, they all got it."

Honda is a car company from Japan that makes many different types of vehicles, including cars and SUVs. They are known for making reliable and fuel-efficient cars.

Brand

Subaru

"...Honda, Subaru, Toyota, they all got it."

Subaru is a car company from Japan that is famous for making vehicles that can handle tough weather and road conditions. Many of their cars come with all-wheel drive, which helps with traction.

Brand

Lexus

"...Honda, Subaru, Toyota, they all got it. Lexus."

Lexus is a luxury car brand that is part of Toyota. They make high-end cars that are known for being comfortable and having lots of advanced features.

Term

annual mileage

"...I thought I asked an average sport utility vehicle. Gas, of course. Annual mileage again, 10 to 15k for the year."

Annual mileage is how far you drive your car in a year. It helps determine things like how much maintenance your car might need and how much insurance will cost.

Term

cost per year

"...the cost per year, I was actually shocked, but not odd. Just shocked. Cost per year, $2,678.57."

Cost per year is how much money you spend on your car in a year. This includes things like gas, repairs, and insurance.

Term

depreciation

"...The depreciation. Yeah, 60% per year. 60% depreciation. Maintenance is 13% and fuels 27%..."

Depreciation is how much a car loses its value as it gets older. Most cars lose a lot of their value in the first few years after you buy them.

Term

fuel costs

"...Maintenance is 13% and fuels 27%. That's based on a pie chart..."

Fuel costs are how much money you spend on gas to keep your car running. It can change depending on gas prices and how much gas your car uses.

Car

Toyota Fj

"I always use premium fuel, period. That's it. I want every single BTU I can squeeze..."

The Toyota FJ Cruiser is a tough-looking SUV that can handle rough roads and off-road adventures. It's built for people who like to explore outdoors.

Term

premium fuel

"I always use premium fuel, period."

Premium fuel is a special type of gasoline that helps some cars run better. It's usually more expensive than regular gas.

Term

ethanol

"as long as it doesn't say it contains up to 10% ethanol, you can keep that crap..."

Ethanol is a kind of alcohol that is sometimes mixed with gasoline to help cars run cleaner. Some people don't like it because it can make their car use more gas.

Term

fuel economy

"...Average fuel economy, and this is where it blows it out the door. Okay, so if..."

Fuel economy tells you how far a car can go on a certain amount of gas. It helps you understand how much money you'll spend on fuel when driving.

Car

Kia Niro

"... an average sport utility vehicle based on a Kia Niro, what are you driving backwards? Fuel per year, ..."

The Kia Niro is a small SUV that is designed to save fuel and be good for the environment. It comes in different versions, including one that runs on electricity, which means you can drive it without using gas. People talk about it because it's a smart choice for families who want to save money on gas.

Term

liters per 100 kilometers

"...average fuel economy for that vehicle, 4.85 liters to get 100 kilometers. Let's back up the bus for a minute..."

Liters per 100 kilometers is a way to measure how much gas a car uses. A lower number means the car is better at saving fuel.

Term

fuel mileage

"...Fuel mileage, that's what I wanted. No, not there. $0.32 a kilometer for the Corolla..."

Fuel mileage tells you how far you can drive your car with a certain amount of gas. It's important for knowing how much you'll spend on fuel.

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