How much should a car cost per mile?

After factoring in the costs of financing, insurance, licensing, registration, taxes, maintenance, repairs and gas for dozens of different makes and models, the number crunchers at the organization found that the average cost for a 2018 vehicle is about 59 cents per mile for someone who drives 15,000 miles a year.

How much should a car cost per mile?

After factoring in the costs of financing, insurance, licensing, registration, taxes, maintenance, repairs and gas for dozens of different makes and models, the number crunchers at the organization found that the average cost for a 2018 vehicle is about 59 cents per mile for someone who drives 15,000 miles a year.

How do I calculate my car cost per mile?

To calculate your cost per mile, simply divide your total expenses for the month by the total number of miles you have driven that month. For example, if your expenses totaled $3,000 and you drove 10,000 miles, your cost per mile is $0.30.

How many miles per gallon does a 2013 Ford Focus get?

Up to 27 city / 38 highway2013 Ford Focus / MPG

How much does it cost per mile to drive a Ford F150?

Compare Side-by-Side

2018 Ford F150 Pickup 2WD
Annual Fuel Cost* $2,950
Cost to Drive 25 Miles $4.93
Cost to Fill the Tank $100-$156
Tank Size 23.0-36.0 gallons

How much per mile does a car depreciate?

According to some experts, mileage depreciation is about $0.08 a mile, but depreciation is more commonly measured in years than miles. If you want to calculate the depreciation for your vehicle it’s best not to trust some broad percentage that’s averaged out based on every make and model of vehicle.

What is marginal cost per mile?

So regarding the costs that constitute the marginal cost of driving: gas expenses are simple enough to calculate. Your per mile cost is simply the cost of gas divided by the fuel efficiency of your car.

How much does it cost per mile to drive the car use an annual mileage of 15000 miles?

Divide total actual or estimated fuel expenses by actual or estimated annual miles driven to calculate annual fuel cost per mile. For example, if you drove 15,000 miles and spent $1,600 on fuel over the past year, your fuel cost is 1,600 divided by 15,000, or 10.67 cents per mile.

How much do cars depreciate per mile?

about $0.08 a mile
According to some experts, mileage depreciation is about $0.08 a mile, but depreciation is more commonly measured in years than miles. If you want to calculate the depreciation for your vehicle it’s best not to trust some broad percentage that’s averaged out based on every make and model of vehicle.

How big is a 2013 Ford Focus gas tank?

12.4 gal.
Used 2013 Ford Focus Specs & Features

Fuel & MPG
Combined MPG 30 mpg
EPA mileage est. (cty/hwy) 26/36 mpg
Fuel tank capacity 12.4 gal.
Fuel type Flex-fuel (unleaded/e85)

How many miles per gallon does a 2013 Ford Fusion get?

Up to 25 city / 37 highway2013 Ford Fusion / MPG

How much does 1 mile depreciate a car?