By: gary miller
I teach a class called Financial Independence for Women at Saddleback College in Mission Viejo, CA. Am going to recommend your excellent analysis on total car costs-this is one of those stealth cost...
View ArticleBy: How to Improve Your Fuel Economy: 23 Top Tips for Better Gas Mileage ?...
[...] If not, don’t. On a ten-gallon fill-up, saving five cents a gallon only nets you fifty cents. My car costs about 36 cents per mile to operate. It doesn’t make sense for me to go a mile out of my...
View ArticleBy: » Biking to Work and Back JoshuaHunter.com:
[...] http://www.getrichslowly.org/blog/2006/05/31/the-true-cost-of-car-ownership/ [...] loading....
View ArticleBy: walk0080
Re: Commend #1. I think the author’s car is a 2000 Ford Focus… he would be lucky to sell it for $4,500… very poor resale – I should know, I own one myself (2000 Focus ZX3). :-/ Although I have not done...
View ArticleBy: Alex
My previous car was an 1987 Audi 5000S Wagon, which I bought in 2006 for $875. I sold it in 2007 for $800. Taxes and liability insurance ran at about $300/year. I also had to pay about $400 during that...
View ArticleBy: Brad
Drive the car to San Fran. Your costs included fixed and variable costs but you’re still paying the interest and insurance and taxes either way… A 7 year old car with 80,000 or 81,200 miles on it is...
View ArticleBy: Greg
Great article. The biking comment would not work for most in Texas. I drive 62 miles round trip from work in a state where the weather changes hourly on some days. Im glad that you can boast about...
View ArticleBy: ruth pennoyer
I do not see where the actual cost of the car spread over 5 years (60 months) is factored into these cost per mile or cost per year figures. I do see the finance charges. What am I missing? loading....
View ArticleBy: Kate Kamper
Worried about resale, don’t sell it, drive the wheels off, and worried about finance charges, don’t finance it, buy it out right, there are many things you can do to drop these prices significantly.Our...
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By: Tpr76
Great article! Ive never done the math on the cost of car ownership but my ex-GF (whom Im still good friends with) found out the hard way how costs go up sharply once you move from a budget car to a...
View ArticleBy: RossABQ
I’ve tracked all of my cars to answer the question of true cost of ownership, comparing relatively new cars vs sub-$1,000 cars with high mileage. I do all my repairs myself, and I might add, I make all...
View ArticleBy: Gary
The statement below doesn’t add up My Ford Focus gets roughly 310 miles on eleven gallons of fuel, for an average of 28.2 mpg. If fuel is at $3.00/gallon instead of $2.00/gallon, I’m paying 10.3% more...
View ArticleBy: The 2008 AAA Driving cost study
The links in the original article no longer work. This one does! http://www.aaaexchange.com/Main/Default.asp?CategoryID=16&SubCategoryID=76&ContentID=353 loading....
View ArticleBy: Cost To Drive: A Simple Web Tool for Budgeting Road Trips ? Get Rich Slowly
[...] isn’t really your actual cost for the trip, of course. I know from past research, for example, that my car currently costs me about 26 cents per mile to run. The site’s [...] loading....
View ArticleBy: Drew
1) as for your trip to SF the number 36.1 is misleading b/c the Insurance and the total costs (+interest) are fixed. Therefor the cost/mile is much lower ~$0.11/mile. It would be much cheaper to drive!...
View ArticleBy: A Very Small Adventure: Riding the Bus ? Get Rich Slowly
[...] drive from downtown Portland to our house takes about 20 minutes. If we use my estimated costs for the Ford Focus I recently sold, it comes to 36.1 cents per mile, or about $3.60 per [...]...
View ArticleBy: Roger
Re: Biking vs Driving I agree biking is not possible for all, but living closer to work is often not even considered. For those who live close enough to work to bike, most consider it to be far more...
View ArticleBy: MilnairNxtDoor
What I would really like to find is a source of maintenance cost averages for cars more than say 5 yrs old. Edmunds.com has a great true-cost-to-own tool, but it only goes back to 2004 or 2005. I’m...
View ArticleBy: Dustin LaBarge
I drive a 1991 Honda Accord (2.2L 4cyl 5-spd manual), which gets about 30 city / 34 highway miles per gallon. It has 265,000 miles on it, so the registration costs about 15 dollars per year, and...
View ArticleBy: Kenny
Guys, I believe in doing this computation and based on variables that change over the life of the car, I computed it using a Car Cost model that I have built and refined over the years. So, based on my...
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