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The IRS considers that the average US automobile has a total cost of US$0.58/mile, around €0.32/km. [11] According to the American Automobile Association, the average driver of the average sedan spends totally approximately US$8,700 per year, or US$720 per month, to own and operate their vehicle. [2]
Average miles driven per year: 16,585. Average price for a new model: $26,351. Price per 1,000 miles: $1,589. Data is sourced from iSeeCars.com and is accurate as of Apr. 30, 2024. More From ...
In June 2005, Transport Secretary Alistair Darling announced a proposal for a national scheme [74] [75] in which every vehicle would be fitted with a satellite receiver that would calculate charges, with prices (including fuel duty) ranging from 2p per mile on uncongested roads to £1.34 on the most congested roads at peak times. [76]
In the example provided by the US DoE in its final rule, an electric car with an energy consumption of 265 Watt hour per mile in urban driving, and 220 Watt hour per mile in highway driving, results in a petroleum-equivalent fuel economy of 335.24 miles per gallon, based on a driving schedule factor of 55 percent urban, and 45 percent highway ...
The standard mileage rate is 67 cents per mile for business purposes, 21 cents per mile for medical or moving purposes and 14 cents per mile for charitable purposes. These rates apply to gas ...
Fuel economy is the distance travelled per unit volume of fuel used; for example, kilometres per litre (km/L) or miles per gallon (MPG), where 1 MPG (imperial) ≈ 0.354006 km/L. The higher the value, the more economic a vehicle is (the more distance it can travel with a certain volume of fuel).
New vehicles sold in the U.S. will have to average about 38 miles per gallon of gasoline in 2031 in real-world driving, up from about 29 mpg this year, under new federal rules unveiled Friday by ...
In the United States, it is computed per 100 million miles traveled, while internationally it is computed in 100 million or 1 billion kilometers traveled. According to the Minnesota Department of Public Safety, Office of Traffic Safety Volume of traffic, or vehicle miles traveled (VMT), is a predictor of crash incidence.