cents per mile cost of driving 2013
 

Getting scary close to $1/mile for some! :eek:

http://publicaffairsresources.aaa.bi...Costs-2014.pdf

Substantial jump from '11:

http://ecomodder.com/forum/showthrea...1-a-17052.html

Cost per mile goes down the more miles one drives. Gosh, maybe I should go back to my 50K/year habit...

Yah, no kidding. :/

Since I drive so little, my cents/mile fixed costs from license and insurance are atrocious. :mad:

In spite of that, though, I'm right near the bottom of the cents/mile continuum. :thumbup:

Right now my cost per mile (gas only) is 6.5 cents
Total ownership cost per mile (including total cost of car, license & reg, tax, tag, title, all parts purchased, oil changes and other maintenance parts, and all the gas I have purchased), is currently right about 22 cents, and that drops with every added mile I drive, as long as I don't have to put any parts on it

Lifetime expense:
1,000 for car + 250 TTT, 1,200 insurance, 500 in parts/maintenance, 1,500 in gas divided by 20,000 miles equals a little over 22 cents per mile.

I've owned the TSX 4 years now. Here is what I figure.
Bought for $17,000.
Current private party value is $12,000. $5,000 is my 4 year cost for depreciation.
Traveled 55,000 miles at $0.11 per mile. $6,050 in fuel over 4 years.
$800 in 4 years of insurance.
$560 in all maintenance including oil changes, wiper blades, mods, and an UltraGauge.
$130 in registration costs.

Total $12,540 in 4 years. $3,135 per year. $0.23 per mile. This should reduce as the rate of depreciation decreases, and I remove full coverage insurance.

The reason the cost is so high in the AAA report is because it assumes people buy a new car from the Stealership, and then trade it in 5 years later. This is the most expensive way to own a car.

Note this is from the AAA, the same group that just recently sent a letter to the woman I bought my house from (at my address), inviting her to renew her membership. Seeing that I've owned the place for over 15 years, and she died in '05 IIRC, I think might say something about the reliability of their data collection :-)

FWIW, I'm right at 4.6 cents/gal for fuel on the Insight, using their per-gallon price. Finance charge was zero, depreciation about the same since I bought it used a decade ago. Liability insurance runs about $300/year, or maybe 3 cents/mile, registration is maybe a few tents of a cent... All told, I'm at maybe 10 cents/mile.

The pickup has a higher per-mile cost, especially since I drive it a good many fewer miles. At about 13 cents/mile for gas, plus $200/yr for insurance & taxes, it's still only a fraction of their estimate.