Average cost of driving remains flat at 52.2 cents/mile

Average cost of driving remains flat at 52.2 cents/mile

Filed under: Maintenance, Driving
According to the AAA, it costs an average of 52.2 cents/mile to operate a new vehicle, which is about the same it was last year. On average, the association figures you'll be spending $7,823 to drive 15,000 miles. While you may have noticed that gas prices have been a little lower lately, any savings at the pump are offset by higher insurance rates and the increase of financing when buying a new vehicle.

The AAA also breaks it down by vehicle type, so where a small car may cost you $6,219 a year to drive, a large sedan would force $9,373 out of your wallet. A minivan demands $8,639 a year, while the SUV remains the consuming king, gobbling up $9,997 per year. Ownership expenses that fit into the calculation include fuel, maintenance, tires, insurance, license, registration, taxes, depreciation and finance charges. What, no car washes?

[Source: Detroit News]

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	Average cost of driving remains flat at 52.2 cents/mile Filed under: Maintenance, Driving According to the AAA, it costs an average of 52.2 cents/mile to operate a new vehicle, which is about the same it was last year. On average, the association figures you'll be spending $7,823 to drive 15,000 miles. While you may have noticed that gas prices have been a little lower lately, any savings at the pump are offset by higher insurance rates and the increase of financing when buying a new vehicle. The AAA also breaks it down by vehicle type, so where a small car may cost you $6,219 a year to drive, a large sedan would force $9,373 out of your wallet. A minivan demands $8,639 a year, while the SUV remains the consuming king, gobbling up $9,997 per year. Ownership expenses that fit into the calculation include fuel, maintenance, tires, insurance, license, registration, taxes, depreciation and finance charges. What, no car washes? [Source: Detroit News] Read \| Permalink \| Email this \| Comments BOLD MOVES: THE FUTURE OF FORD A new documentary series. Be part of the transformation as it happens in real-time Article published by maitenance
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