It’s getting more expensive to own a car, according to a recent study from AAA. The organization’s annual cost-of-car ownership study shows new car financing is up 24%, boosting the average annual cost of vehicle ownership to $9,282, or $773.50 a month.

Rising finance charges rose from $744 to $920, according to the report, which is an almost $200 spike. This comes as more consumers are opting for 72-month car loans, which lower monthly payments, but costs consumers even more long-term.

Among the report’s other findings: Average maintenance and repair costs rose 8.9% over last year. Electric cars had the lowest repair costs per mile and SUVs had the highest per mile.

Read the entire report here.