TABLE G-6 Average Cost per Mile of Owning and Operating an Automobile: 1994-2004

TABLE G-6 Average Cost per Mile of Owning and Operating an Automobile: 1994-2004

Cents

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  Variable costs Fixed costs Total costs
1994 9 30 39
1995 10 32 42
1996 10 33 43
1997 11 34 45
1998 11 35 46
1999 11 36 47
2000 12 37 49
2001 14 37 51
2002 12 38 50
2003 13 39 52
2004 13 44 56

NOTE: Data are the cost per mile based on 15,000 miles per year and a composite of three current model American automobiles. Variable costs include fuel, maintenance, and tires. Fuel costs are based on a late year average price per gallon of regular unleaded gasoline. Fixed costs (ownership costs) include insurance, license, registration, taxes, depreciation, and finance charges.

SOURCE: U.S. Department of Transportation (USDOT), Research and Innovative Technology Administration (RITA), Bureau of Transportation Statistics (BTS) calculations based on USDOT, RITA, BTS, National Transportation Statistics 2006, table 3-14, available at http://www.bts.gov/, as of June 2006.