Cost of driving has risen 3.4%, study finds
Rising gas prices. Costlier tires. Lousy deals on vehicle resales. If it seems that it’s costing more to operate a motor vehicle these days, that’s because it is — 3.4% more than a year ago, according to auto club AAA.
The average annual cost to own and operate a sedan in the USA, based on 15,000 miles of driving, rose 1.9 cents per mile to 58.5 cents per mile, or $8,776, says AAA’s 2011 “Your Driving Costs” study.
The increased costs to own and operate a vehicle were driven mainly by large increases in fuel prices, depreciation costs and tire prices, says John Nielsen, AAA national director of auto repair, buying and consumer programs.
“Tires are up a lot,” he says. “That’s based on two things. The cost of raw materials, energy and transportation has gone up. And the average tire cost is going up, because the manufacturer is putting a better grade of tire on as original equipment.”
http://www.usatoday.com/money/autos/2011-04-04-costs-of-driving-rise.htm
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