Global Information Lookup Global Information

Car costs information


Itemized average total costs for the average American driver to own and operate an automobile.[1] This yearly value, around US$6650, corresponds, according to AAA, to a small sedan.[2]

A car's internal costs are all the costs consumers pay to own and operate a car.[3][4][5] Normally these expenditures are divided into fixed or standing costs and variable or running costs.[6] Fixed costs are those which do not depend on the distance traveled by the vehicle and which the owner must pay to keep the vehicle ready for use on the road, like insurance or road taxes. Variable or running costs are those that depend on the use of the car, like fuel or tolls.[7]

Compared to other popular modes of passenger transportation, especially buses or trains, the car has a relatively high cost per passenger-distance traveled.[8] Motorists in the United Kingdom spend, on average, roughly 1/3 of their average net income to operate a car,[9] while motorists in Portugal spend approximately 1/2 of their net income. For the average car owner, depreciation constitutes about half the cost of running a car.[9] The typical motorist underestimates this fixed cost by a significant margin.[10]

The IRS considers that the average US automobile has a total cost of US$0.58/mile, around €0.32/km.[11] According to the American Automobile Association, the average driver of the average sedan spends totally approximately US$8,700 per year, or US$720 per month, to own and operate their vehicle.[2]

  1. ^ "Automobile costs for United States; Average monthly cost per type". Automobile Costs Calculator. autocosts.info. April 2016.
  2. ^ a b Stepp, Erin (April 28, 2015). "Annual Cost to Own and Operate a Vehicle Falls to $8,698, Finds AAA". NewsRoom. American Automobile Association. Retrieved April 4, 2016.
  3. ^ The Automobile Association (2014). "Motoring Costs". theaa.com.
  4. ^ Gössling, Stefan; Kees, Jessica; Litman, Todd (1 April 2022). "The lifetime cost of driving a car". Ecological Economics. 194: 107335. doi:10.1016/j.ecolecon.2021.107335.
  5. ^ Andor, Mark A.; Gerster, Andreas; Gillingham, Kenneth T.; Horvath, Marco (April 2020). "Running a car costs much more than people think — stalling the uptake of green travel". Nature. 580 (7804): 453–455. doi:10.1038/d41586-020-01118-w.
  6. ^ The Automobile Association (2014). "Motoring Costs 2014" (PDF). theaa.com (PDF file).
  7. ^ The Automobile Association. "Car running costs 2013/14". theaa.com.
  8. ^ Diesendorf, Mark, "The Effect of Land Costs on the Economics of Urban Transportation Systems" (PDF), Proceedings of Third International Conference on Traffic and Transportation Studies (ICTTS2002), pp. 1422–1429, ISBN 978-0-7844-0630-4, archived from the original (PDF) on 2008-07-19, retrieved 2008-04-15
  9. ^ a b Osborne, Hilary (2006-10-20). "Cost of running a car 'exceeds £5,000'". The Guardian. London.
  10. ^ Meek, James (2004-12-20). "The slow and the furious". The Guardian. London.
  11. ^ IRS (December 14, 2018). "IRS issues standard mileage rates for 2019".

and 27 Related for: Car costs information

Request time (Page generated in 0.8141 seconds.)

Car costs

Last Update:

car's internal costs are all the costs consumers pay to own and operate a car. Normally these expenditures are divided into fixed or standing costs and...

Word Count : 1435

Car

Last Update:

change. There are costs and benefits to car use. The costs to the individual include acquiring the vehicle, interest payments (if the car is financed), repairs...

Word Count : 9016

Effects of cars

Last Update:

are the measurable difference in costs for other parties to those of the car proprietor,[clarification needed] such costs not taken into account when the...

Word Count : 2730

Car dealership

Last Update:

manufacturers of cars, increases costs for consumers, and limits entry of new car dealerships while raising profits for incumbent car dealers. Research...

Word Count : 2160

Societal impacts of cars

Last Update:

external costs of driving a car are: congestion and scarcity costs, accident costs, air pollution costs, noise costs, climate change costs, costs for nature...

Word Count : 6134

Car wash

Last Update:

be combined with subscription-based car wash services, which offer convenience and potentially lower costs for car owners compared to traditional pay-per-wash...

Word Count : 2461

Car finance

Last Update:

sometimes referred to as a "Yo-Yo sale" or "Yo-Yo Financing". Automobile costs "Car Loan". "State of the Automotive Finance Webinar | Experian Automotive"...

Word Count : 783

Car dependency

Last Update:

external costs of driving a car are: congestion and scarcity costs collision costs air pollution costs noise pollution costs climate change costs costs for...

Word Count : 2729

Economics of car use

Last Update:

usage. Public costs related to the car are several including congestion and effects related to emissions. The benefits of using a car differ by many...

Word Count : 1531

Car Allowance Rebate System

Last Update:

The Car Allowance Rebate System (CARS), colloquially known as "cash for clunkers", was a $3 billion U.S. federal scrappage program intended to provide...

Word Count : 6126

Sunk cost

Last Update:

been incurred and cannot be recovered. Sunk costs are contrasted with prospective costs, which are future costs that may be avoided if action is taken. In...

Word Count : 4418

Carpool

Last Update:

journey(s). Costs, meeting points and other details like space for luggage are agreed on. They then meet and carry out their shared car journey(s) as...

Word Count : 2733

London cable car

Last Update:

The London cable car, also known as the Dangleway and officially as the IFS Cloud Cable Car for sponsorship reasons, is a cable car link across the River...

Word Count : 3352

Vehicle insurance

Last Update:

crash, and drivers often faced considerable costs for damage to their car and property. A compulsory car insurance scheme was introduced in the United...

Word Count : 10220

Cost

Last Update:

transaction prices. Social costs are the sum of private costs and external costs. For example, the manufacturing cost of a car (i.e., the costs of buying inputs...

Word Count : 1072

Carsharing

Last Update:

Carsharing or car sharing (AU, NZ, CA, TH, & US) or car clubs (UK) is a model of car rental where people rent cars for short periods of time, often by...

Word Count : 3141

Car platform

Last Update:

even types of cars, often from different, but somewhat related, marques. It is practiced in the automotive industry to reduce the costs associated with...

Word Count : 2899

San Francisco cable car system

Last Update:

2020, riding a cable car costs $8 for a single ride, except for seniors riding before 7 am or after 9 pm when the fare is $4. Cable car rides are included...

Word Count : 5796

Toll roads in Norway

Last Update:

electric cars and hydrogen cars, and the toll fee is maximum 50% of ordinary toll fee after discount (i.e. if the toll fee is 10 NOK, it costs 8 NOK for...

Word Count : 1989

National Car Test

Last Update:

The National Car Test (Irish: An tSeirbhís Náisiúnta Tástála Carranna; abbreviated NCT) is a roadworthiness test, which all cars in Ireland must undergo...

Word Count : 782

Yenko Camaro

Last Update:

paint colors. The car costs around 60% less than some of the current 43-year-old Yenko Camaro survivors but drives like the old car would have when it...

Word Count : 1180

Transaction cost

Last Update:

buyer of a used car faces a variety of different transaction costs. The search costs are the costs of finding a car and determining the car's condition. The...

Word Count : 3845

Deutsche Tourenwagen Masters

Last Update:

(German Touring Car Championship) and ITC (International Touring Car Championship) which had been discontinued after 1996 due to high costs. The series raced...

Word Count : 4597

Alternatives to car use

Last Update:

Bike lane Bus rapid transit Car costs Car dependency Car-free movement Cargo bike Cycling infrastructure Effects of the car on societies Electric bicycle...

Word Count : 774

Road tax

Last Update:

choose to report the tax." Car costs Congestion pricing Taxation in Germany § Tax on benefits in kind, taxation of company cars used privately Toll road...

Word Count : 4885

Vehicle inspection

Last Update:

Ontario, or Service NL. From the point the car is registered, no safety test is required as long as the car remains with the current owner (however, if...

Word Count : 6805

Traffic ticket

Last Update:

penalty reminder notice, an enforcement order will be issued and additional costs apply. If the enforcement order remains unpaid further enforcement action...

Word Count : 3495

PDF Search Engine © AllGlobal.net