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Owning a luxury car in Austin is a dream for many, but the reality often includes unexpected expenses beyond the initial price tag. With expenses like high insurance premiums and specialized maintenance, the costs can add up quickly. This is because insurers factor in the higher replacement costs and the likelihood of expensive claims.
The overall price spent per household would be cheaper by using self-driving cars. Adding the cost of car payments, insurance, gas, and maintenance is expected to be more than what it would cost for monthly ride-sharing services. If car companies fall behind in this race, they could wind up becoming a thing of the past.
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