Saturday, January 24, 2009

Cost of car ownership

I keep a record of all my car's expenses. Since my current vehicle is at the end of its life, I crunched some numbers to see how much driving a car costs (minus insurance).

In a span of seven years:
22 oil changes totalling $449.84
$3683.50 in repairs
$4102.75 on gas

I put on 41, 119 miles in seven years, which averaged out to 6,302 miles per year. In total, including the cost of the vehicle, it cost me .26/mile to drive.

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