|
4WD Sport Utility Vehicle |
Minivan |
| operating costs |
per year |
per year |
| gas |
18.65 cents |
16.15 cents |
| maintenance |
4.88 cents |
4.39 cents |
| tires |
1.27 cents |
0.81 cents |
| cost per mile |
24.80 cents |
21.35 cents |
|
|
|
| ownership costs |
per year |
per year |
| full-coverage insurance |
$934 |
$888 |
| license, registration, taxes |
$794 |
$645 |
depreciation
(15,000 miles annually) |
$4,784 |
$3,868 |
finance charge
(10% down;
loan @ 6%/5 yrs.) |
$1,128 |
$900 |
| cost per year |
$7,640 |
$6,301 |
| cost per day |
$20.93 |
$17.26 |
|
|
|
| total cost per mile |
| 10,000 total miles a year |
per year |
per year |
| cost per mile x 10,000 miles |
$2,480 |
$ 2,135 |
| cost per day x 365 days |
$7,640 |
$6,301 |
| decreased depreciation** |
-$275 |
-$275 |
| total cost per year |
$9,845 |
$8,161 |
| total cost per mile* |
98.5 cents |
81.6 cents |
|
|
|
| 15,000 total miles per year |
per year |
per year |
| cost per mile x 15,000 miles |
$3,720 |
$3,203 |
| cost per day x 365 days |
$7,640 |
$6,301 |
| total cost per year |
$11,360 |
$9,504 |
| total cost per mile* |
75.7 cents |
63.34cents |
|
|
|
| 20,000 total miles per year |
per year |
per year |
| cost per mile x 20,000 miles |
$4,960 |
$4,270 |
| cost per day x 365 days |
$7,640 |
$6,301 |
| increased depreciation |
$230 |
$230 |
| total cost per year |
$12,830 |
$10,801 |
| total cost per mile* |
64.2 cents |
54.0 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 |
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Next: Vehicle Maintenance »
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