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Variable or running costs are those that depend on the use of the car, like fuel or tolls. [7] Compared to other popular modes of passenger transportation, especially buses or trains, the car has a relatively high cost per passenger-distance traveled. [8] For the average car owner, depreciation constitutes about half the cost of running a car. [9]
An oil change typically costs $40 to $100,” Giranda noted. “Replacing the air and cabin filters at the same time is a smart move, costing $20 to $50 each.” More From GOBankingRates
If you pay $4 per gallon of gas and your car gets 20 mpg, you’ll spend $2,000 on gas over the course of 10,000 miles. ... Insurance costs vary by location, and some states are notably more ...
These expenses were combined with the cost to finance a new vehicle — based on $48,724 MSRP, 20% down payment of $9,745, an average credit score of 716 as sourced from Experian, an interest rate ...
Of the annual running costs of a car for an average person, 70–75% [9] are fixed costs (with respect to distance travelled): a 10% increase or decrease in usage should result in a 2.5–3% increase or decrease in annual running costs. Some of the annual running costs of a car, which are important in the economics of ownership, concern the ...
The miles per gallon equivalent cost of an alternative fuel vehicle can be calculated by a simple formula to directly compare the MPG operating costs (rather than the energy consumption of MPGe [7]) with traditional vehicles since the cost of resources varies substantially from region to region. [5] [4] For reference, the complete equation is:
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Fuel consumption monitor from a 2006 Honda Airwave.The displayed fuel economy is 18.1 km/L (5.5 L/100 km; 43 mpg ‑US). A Briggs and Stratton Flyer from 1916. Originally an experiment in creating a fuel-saving automobile in the United States, the vehicle weighed only 135 lb (61.2 kg) and was an adaptation of a small gasoline engine originally designed to power a bicycle.