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Your Driving Costs
Driving Costs

Here are some samples of vehicle driving costs:

Small Sedan
Medium Sedan
Large Sedan
Average
operating costs
per
mile
per
mile
per
mile
per
mile
gas
8.21
cents
10.54
cents
11.51
cents
10.09
cents
maintenance
4.26
cents
4.51
cents
4.92
cents
4.56
cents
tires
0.61
cents
0.87
cents
0.82
cents
0.77
cents
cost per mile
13.08
cents
15.92
cents
17.25
cents
15.42
cents

ownership costs
per
year
per
year
per
year
per
year
full-coverage insurance
$948
$957
$1,022
$976
license, registration, taxes
$419
$572
$711
$567
depreciation
(15,000 miles annually)
$2,430
$3,401
$4,551
$3,461
finance charge
(10% down;
loan @ 6%/5 yrs.)
$553
$786
$998
$779
cost per year
$4,350
$5,716
$7,282
$5,783
cost per day
$11.92
$15.66
$19.95
$15.84

total cost per mile
10,000 total miles
per year
per
year
per
year
per
year
per
year
cost per mile x 10,000 miles
$1,308
$1,592
$1,725
$1,542
cost per day x 365 days
$4,350
$5,716
$7,282
$5,783
decreased depreciation **
-$155
-$286
-$330
-$257
total cost per year
$5,503
$7,022
$8,677
$7,067
total cost per mile*
55.0
cents
70.2
cents
86.8
cents
70.7
cents

15,000 total miles
per year
per
year
per
year
per
year
per
year
cost per mile x 15,000 miles
$1,962
$2,388
$2,588
$2,313
cost per day x 365 days
$4,350
$5,716
$7,282
$5,783
total cost per year
$6,312
$8,104
$9,870
$8,095
total cost per mile*
42.1
cents
54.0
cents
65.8
cents
54.0
cents

20,000 total miles
per year
per
year
per
year
per
year
per
year
cost per mile x 20,000 miles
$2,616
$3,184
$3,450
$3,083
cost per day x 365 days
$4,350
$5,716
$7,282
$5,783
increased depreciation ***
$120
$208
$240
$189
total cost per year
$7,086
$9,108
$10,972
$9,055
total cost per mile*
35.4
cents
45.5
cents
54.9
cents
45.3
cents

* total cost per year ÷ total miles per year
** decreased depreciation for mileage over 15,000 miles annually
*** increased depreciation for mileage under 15,000 miles annually
See index for a listing vehicle makes and models used for driving cost calculations

Next: Additional Driving Cost Samples >>


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