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How much does it cost to drive?
Calculating CostsTo figure your fuel cost, begin with a full tank of fuel and write down the odometer reading. Each time you fill up, note the number of gallons, how much you pay and the odometer reading. These figures can then be used to calculate average miles per gallon and cost of fuel per mile. For example:
* Gas averaged $2.41 when this was calculated
Annual Cost Per Mile
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| Costs | Yearly Totals |
| Operating costs | |
| Gas per mile | ____________ |
| Total miles driven | x___________ |
| Total gas | =___________ |
| Maintenance | +___________ |
| Tires | +___________ |
| Total operating costs | =___________ |
| Ownership costs | |
| Depreciation | +___________ |
| Insurance | +___________ |
| Taxes | +___________ |
| License and registration | +___________ |
| Finance charges | +___________ |
| Total ownership costs | =___________ |
| Other costs | |
| (Washes, accessories, etc.) | +___________ |
| Total operating costs | =___________ |
| Total miles driven | /___________ |
| Cost per mile | =___________ |
Note: Information based on the 2006 edition of "Your Driving Costs" by the AAA Motor Club.
Estimates are provided to help consumers make informed vehicle purchase decisions and budget for annual automotive expenses.
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