Easy lifehacks

What is the average cost to operate a car per mile?

What is the average cost to operate a car per mile?

The total cost of owning and operating the average car falls between 35 cents per mile and 65 cents per mile over the lifetime of the car.

What’s the average cost of driving per mile?

So the average cost of driving per mile is: Thankfully the tire store I buy my tires from does free tire rotations for life. So there is no residual cost or charge there. This one gets a little hairy. Ideally when you buy your car (either new or used), you shouldn’t really have too many bumps and bruises within the first 100,000 miles.

How much does it cost for mileage reimbursement?

Mileage Reimbursement – The True Cost Of Running A Car Miles per year 10,000 15,000 20,000 Small sedan 58.2 cents 44.9 cents 38.0 cents Medium sedan 75.9 cents 58.1 cents 49.0 cents Large sedan 93.3 cents 71.0 cents 59.5 cents

How much does it cost to run a small car?

Based on a $2.855 per gallon, the average fuel cost of operating a small car is 9.18 cents per mile while it is 10.87 cents for a medium car and 13.58 cents per mile for a large sedan. As you can see from the table above, the cost per mile decreases as you drive more miles.

How is depreciation related to the cost of driving a car?

Next to the cost of gas, if you really want to think about how much driving is really costing you, you need to factor in depreciation because it’s a lot more than you think. To put it simply, depreciation is how much you paid for the car over the life of its use.

So the average cost of driving per mile is: Thankfully the tire store I buy my tires from does free tire rotations for life. So there is no residual cost or charge there. This one gets a little hairy. Ideally when you buy your car (either new or used), you shouldn’t really have too many bumps and bruises within the first 100,000 miles.

Based on a $2.855 per gallon, the average fuel cost of operating a small car is 9.18 cents per mile while it is 10.87 cents for a medium car and 13.58 cents per mile for a large sedan. As you can see from the table above, the cost per mile decreases as you drive more miles.

How to calculate the cost of a car?

not present Operating Costs per Year O Ownership Costs per Year C Cost per Mile g gas cost per mile d depreciation o operating cost + t total miles driven x i insurance + o ownership cost + l license, taxes t total gas = & & registration + = = m

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Ruth Doyle