|
AAA said the cost works out to about $1 a mile for someone buying a new car over the life of the vehicle? That is not my experience. Six of the seven vehicles I've owned I purchased brand new. For my last one, a Ford Ranger, I drove it 147,000 miles in 11 years and put less than $45,000 into owning it, which includes the purchase price, gas, maintenance, registration fees, car insurance, and everything else I could think off. That is less than $0.31 a mile. That is for a vehicle that averaged between 22 to 23 mpg.
They must be assuming people get a new vehicle every four years. That may have been the norm 30 years ago, but not in the past decade.
|