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The actual cost of owning an automobile
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Old 01-31-2020, 01:17 PM
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Default The actual cost of owning an automobile

Let's say you drive your vehicle 20,000 miles per year. (That's the figure insurance companies use.) Let's now say you keep your car 5 years. That's 100,000 miles. Let's now assume you get 20 miles per gallon. That's 5,000 gallons of gas. At $3 per gallon (higher in Alaska, lower some places), that's $15,000 in gas on top of the sticker price. Not to mention insurance and "oil changes" and things like tires. (The last set of four tires I bought cost me $1600!

Paul
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