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Ever wonder how much you're really paying to drive your car every year?
$9,641
That's how much a person driving a medium sedan 15,000 miles a year can expect to pay, excluding loan payments.
In coming up with the estimates below, AAA figures in average fuel, routine maintenance, tires, insurance, license and registration, loan finance charges and depreciation costs. Fuel prices are based on late-2006 national averages.
AAA has been conducting this annual analysis since 1950. That year, driving a car 10,000 miles annually cost 9 cents a mile, and gasoline sold for 27 cents per gallon.
Composite national average cost per-mile for 2007: 52.2 cents
See below chart for a more detailed breakdown by miles driven and vehicle type.
With Your Driving Costs, AAA brings motorists the tools and advice they need to estimate their operating and ownership costs to get a better understanding of the total impact of their vehicles. The annual guide includes a worksheet for figuring your own costs.
For more information on Your Driving Costs, please contact your local AAA Club.
How Much Does It Cost to Drive? |
|
2006 Vehicle |
10,000 Miles/Year |
15,000 Miles/Year |
20,000 Miles/Year |
|
Small Sedan* |
50.5 cents |
41.4 cents |
37.4 cents |
|
Medium Sedan* |
61.8 cents |
52.5 cents |
48.2 cents |
|
Large Sedan* |
74.2 cents |
62.5 cents |
56.8 cents |
|
4WD Sport Utility Vehicle* |
81.5 cents |
66.6 cents |
59.6 cents |
|
Minivan* |
69.2 cents |
57.6 cents |
52.2 cents |
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Fuel costs based on the late-2006 average gas price of $2.256 per gallon.
*Small Sedan - Chevrolet Cobalt, Ford Focus, Honda Civic, Nissan Sentra and Toyota Corolla.
*Medium Sedan - Chevrolet Impala, Ford Fusion, Honda Accord, Nissan Altima and Toyota Camry.
*Large Sedan - Buick Lucerne, Chrylser 300, Ford Five Hundred, Nissan Maxima and Toyota Avalon.
Because it incorporates significant changes to driving cost calculations -- most notably the averaging of costs for multiples top-selling vehicles in each size/type category -- this edition of Your Driving Costs is not comparable to previous editions. The changes in methodology are designed to provide more accurate driving costs and better reflect current consumer vehicle purchasing habits. |
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