Owning a car has its expenses, such as gasoline and regular maintenance. But what about those unexpected expenses that can suddenly happen
, like a blown engine? Are you able to afford those surprise repairs? According to a recent AAA
study, it turns out that a third of Americans are unable to afford sudden car repairs without going into debt. That translates into about 64 million people, and that’s a serious problem, especially since the US doesn’t have good and efficient public transportation, the exception being large cities like New York.