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Car travel to increase this holiday

By Tara Baukus Mello · Bankrate.com
Friday, August 30, 2013
Posted: 6 am ET

The roads are going to be more crowded this Labor Day than in recent years, says AAA. AAA is projecting 29.2 million Americans will take road trips of 50 miles or more from home this weekend. That's a 4.3 percent jump over last year.

AAA says the bump in travel is the result of increased consumer spending and an improved housing market. It also says gas prices were not a factor, since its research indicates most Americans feel gas prices are too high, even though prices are 2.7 percent lower per gallon compared to the same time last year.

According to its survey of travelers using all modes of transportation, the average amount spent on their Labor Day getaway is expected to be $804, with 24 percent spent on transportation and lodging. The average distance from home traveled is expected to be 594 miles -- 32 miles farther than last year. And 85 percent of travelers said they intend to take full advantage of the long weekend, returning Monday, Tuesday or later.

Are you driving your car anywhere this Labor Day weekend? How far will you be traveling?

Tara Baukus Mello writes the cars blog as well as the weekly Driving for Dollars column, providing both practical financial advice for consumers as well as insight into the latest developments in the automotive world. Follow her on Facebook here or on Twitter @SheDrives.

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