TABLE 3-2-2 - Average Cost per Mile of Owning and Operating an Automobile: 1995-2007

TABLE 3-2-2 - Average Cost per Mile of Owning and Operating an Automobile: 1995-2007

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Current dollars

  Variable costs Fixed costs Total costs
1995 0.10 0.32 0.42
1996 0.10 0.33 0.43
1997 0.11 0.34 0.45
1998 0.11 0.35 0.46
1999 0.11 0.36 0.47
2000 0.12 0.37 0.49
2001 0.14 0.37 0.51
2002 0.12 0.38 0.50
2003 0.13 0.39 0.52
2004 0.13 0.44 0.56
2005 0.15 0.37 0.52
2006 0.15 0.38 0.52
2007 0.17 0.37 0.54

NOTES: Data may not add to total because of independent rounding. 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: American Automobile Association, Your Driving Costs (Heathrow, FL: Annual issues), available at http://www.aaaexchange.com/Main/ as of June 2008 as reported in U.S. Department of Transportation, Research and Innovative Technology Administration, Bureau of Transportation Statistics, National Transportation Statistics, table 3-14, available at http://www.bts.gov/publications/national_transportation_statistics as of September 2008.