SEATTLE–(BUSINESS WIRE)–doxo, the innovative web and mobile bill pay service, today released two new doxoINSIGHTS reports for 2022, revealing that the cost of car ownership has increased 5% year over year to $5,722. The report also revealed that Americans as a whole spend $743 billion annually, on Auto Loans and Auto Insurance combined. A statistical analysis of actual household payments toward Auto Loans and Auto Insurance was used to size the market and amount spent per household across 97%
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