The Most Expensive Car to Run in America

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
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The Most Expensive Car to Run in America

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The car industry has gone through one of its most wrenching periods in decades. After COVID-19 halted operations at dealerships, these dealerships found they had no inventory. Part shortages, caused by supply chain problems, meant manufacturers could not get cars and trucks out of factories. This low supply meant dealers could raise prices. As used car inventory became low, prices of those rose, too. Car buyers also faced high gas prices. The cost of owning a car skyrocketed. Insurance prices also contributed to the cost of owning a car. The combination of these factors was enough to push the annual price of car ownership above $6,000 for some vehicles.
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Based on a new study by Zutobi, the annual price of gas and insurance is the highest in the U.S. for the Ford F150 RAPTOR 37 4WD 6 cylinder 3.5L Automatic. The annual cost to own the beast of a pickup is $7,602. The primary reason for its high cost is it is among the gas guzzlers on America’s roads. Its cost per mile for gas is $0.46.

The Raptor belongs to Ford’s F-Series family. The F-series has been the top-selling vehicle in the U.S. for over four decades. There are eight versions of the F-series. The least expensive is the F-150XL, with a base price of $33,695. The highest-priced version is the F-150 Limited which carries a base price of $84,910. Accessories can push that closer to $90,000.

The Raptor is expensive by F-150 standards. It has a base price of $76,775. Unlike many other pickups, it is built to run in harsh off-road conditions. It also has a huge engine that puts out 440 HP and a ridiculously high 510 lb to ftof torque. It has a towing capacity that can pull up to 18,000 pounds.
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Car and Driver rates the Raptor at nine on a scale of 1 to 10. Its writers report, “It wears extra-wide fenders, long-travel suspension, big tires, and the high-performance demeanor of a Baja-bashing race truck.” It is a great pickup for those who can afford one.

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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