According to the 2007 edition of the American Automobile Association's (AAA) Your Driving Costs the average annual cost to drive a passenger vehicle is 52.2 cents a mile or $7,823 for 15,000 miles. Here's the breakdown:
| Costs | |
| Gasoline = | 8.9¢ |
| Maintenance = | 4.9¢ |
| Tires = | 0.7¢ |
Cost Per Mile = |
14.5¢ |
| Ownership Costs | |
| Insurance = | $985 |
| License, Registration, Taxes = | $538 |
| Depreciation = | $3392 |
| Finance Charge = | $733 |
Total Ownership Costs Per Year = |
$5648 |
Total Ownership Costs Per Day = |
$15.47 |
Total Cost Per Year= |
$7823 |
Total Cost Per Mile= |
52.2¢ |
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