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| Driving Costs |
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4WD Sport Utility Vehicle
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Minivan
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| operating costs |
per year
|
per year
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| gas |
17.05 cents
|
14.01 cents
|
| maintenance |
5.47 cents
|
4.76 cents
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| tires |
0.93 cents
|
0.67 cents
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| cost per mile |
23.5 cents
|
19.4 cents
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| ownership costs |
per year
|
per year
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| full-coverage insurance |
$888
|
$883
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| license, registration, taxes |
$715
|
$563
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depreciation
(15,000 miles annually) |
$4,327
|
$3,511
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finance charge
(10% down;
loan @ 6%/5 yrs.) |
$1,000
|
$771
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| cost per year |
$6,930
|
$5,728
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| cost per day |
$18.99
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$15.69
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| total cost per mile |
| 10,000 total miles a year |
per year
|
per year
|
| cost per mile x 10,000 miles |
$2,345
|
$ 1,944
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| cost per day x 365 days |
$6,930
|
$5,728
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| decreased depreciation** |
-$180
|
-$180
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| total cost per year |
$9,095
|
$7,492
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| total cost per mile* |
91.0 cents
|
674.9 cents
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| 15,000 total miles per year |
per year
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per year
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| cost per mile x 15,000 miles |
$3,518
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$2,916
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| cost per day x 365 days |
$6,930
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$5,728
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| total cost per year |
$10,448
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$8,644
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| total cost per mile* |
69.7 cents
|
57.6 cents
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| 20,000 total miles per year |
per year
|
per year
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| cost per mile x 20,000 miles |
$4,690
|
$3,888
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| cost per day x 365 days |
$6,930
|
$5,728
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| increased depreciation |
$195
|
$195
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| total cost per year |
$11,815
|
$9,811
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| total cost per mile* |
59.1 cents
|
49.1 cents
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* 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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