Automobile Driving Costs

CATEGORY

SMALL CAR

MIDSIZE CAR

LARGE CAR

SPORT UTILITY
VEHICLE

VAN

OPERATING COSTS (cents per mile)

   Gasoline & Oil

   6.9

   8.5

   9.3

    10.8

    8.9

   Maintenance

   4.7

   5.8

   5.4

    5.3

    5.7

   Tires

   0.5

   0.7

   0.5

    0.9

    0.6

   SUBTOTAL

   12.1

 15.0

 15.2

  17.0

  15.2

OWNERSHIP COSTS (cost per year, dollars)

   Insurance

1,456

1,195

1,212

         1,398

1,130

   License, registration, taxes

  333

   390

   445

   435

   389

   Depreciation (15,000 miles annually)

2,985

4,005

4,647

4,300

     3,755

   Finance charge (10% down; loan @ 6%/5 yrs.)

   553

   740

   925

   891

   739

   SUBTOTAL

5,327

6,330

7,229

7,024

6,013

DEPRECIATION ADJUSTMENTS (dollars)

   (mileage under 15,000 miles annually)

 -550

 -925

      -1,175

 -950

 -925

   (mileage over 15,000 miles annually)

  650

  950

1,175

  925

  950

TOTAL ANNUAL COST (dollars)

   10,000 miles per year

5,987

6,905

7,574

7,774

6,608

   15,000 miles per year

7,142

8,580

9,509

9,574

8,293

   20,000 miles per year

8,397

     10,280

     11,444

11,349

   10,003