TABLE 7-2b Average Cost per Mile of Owning and Operating an Automobile: 1993-2003

TABLE 7-2b Average Cost per Mile of Owning and Operating an Automobile: 1993-2003

Cents (in current dollars)

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  1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003
Variable costs 9 9 10 10 11 11 11 12 14 12 13
Fixed costs 29 30 32 33 34 35 36 37 37 38 39
Total costs 38 39 42 43 45 46 47 49 51 50 52

NOTE: Data are the cost per mile based on 15,000 miles per year and a composite of three current model American automobiles. Fuel costs are based on a late year average price per gallon of regular unleaded gasoline.

SOURCE: U.S. Department of Transportation, Research and Innovative Technology Administration, Bureau of Transportation Statistics, National Transportation Statistics 2004 (Washington, DC: 2005), table 3-14.