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How far is it really to the office? Could you walk it? If you can, think how you'll not only save on driving costs; you'll be getting healthier too! average car maintenance cost per year In-depth findings of this year’s study, including a breakdown of specific costs by category of vehicle and various annual mileages, are contained in the ‘Your Driving Costs’ brochure which is available at select local AAA branch offices or may be downloaded in the additional resources bar Kudos to you for really looking at the true cost of owning a car Calculating maintenance costs can be a bit tricky since labor charges vary from shop to shop.

Typically, luxury brands cost more to maintain than non-luxury brands If you have specific cars in mind, you can check the cost-of-ownership data at Consumer Reports or at an automotive information website such as Edmundscom Keep in mind, though, that this data is based on national averages Labor could be cheaper -- or more expensive -- where you live.

Expect to set aside $300 or more per year As you shop, remember that while a car may require service every 7,500 to 10,000 miles, it will require a major service (which is substantially more expensive) every 30,000 miles or so If you buy a car with 58,000 miles on it and it requires a major service at 60,000 miles, you'll have a costly maintenance bill shortly after buying the car To see when the major services are needed for any car, download the owners manual for the car at the manufacturer's website and read what is required for future services.
It's best to stay on top of car repairs Read " 4 costly car maintenance mistakes to avoid " Bankrate's content, including the guidance of its advice-and-expert columns and this website, is intended only to assist you with financial decisions The content is broad in scope and does not consider your personal financial situation Bankrate recommends that you seek the advice of advisers who are fully aware of your individual circumstances before making any final decisions or implementing any financial strategy Please remember that your use of this website is governed by Bankrate's Terms of Use The cost of owning your car? $9,000 a year AAA Reports Cost of Owning & Operating a New Vehicle is Now 541 Cents Per Mile.

According to the Motor Club, the cost to own a car is approximately 522 cents per gallon in addition to any car payments you may make; that's up 19 cents since 2008 To put that in perspective, if you drive a new car approximately 15,000 miles per year, it will cost a whopping $7,823 per year Cost of Owning and Operating Vehicle in U.

Increases Nearly Two Percent According to AAA’s 2013 ‘Your Driving Costs’ Study Cost of Owning and Operating Vehicle in US Increases Nearly Two Percent According to AAA’s 2013 ‘Your Driving Costs’ Study.

In-depth findings of this year’s study, including a breakdown of specific costs by category of vehicle and various annual mileages, are contained in the ‘Your Driving Costs’ brochure which is available at select local AAA branch offices or may be downloaded in the additional resources bar Gasoline prices were relatively stable compared to the prior year, leading to a minimal fuel cost increase of 1 average car maintenance cost per year93 percent to 1445 cents per mile on average for sedan owners.
84 percent, from $3357 to $3486 per gallon However, several vehicles in the ‘Your Driving Costs’ study had small improvements in their fuel economy ratings which partially offset the fuel cost increase Fuel costs in the 2013 study were calculated using the national average price for regular, unleaded gasoline during the fourth quarter of 2012.

Insurance premiums also depend on the type and age of the vehicle Costs vary among makes and models, and between body styles and trim levels of the same model Typically, the newer and more performance-oriented the vehicle, the more costly it is to insure Insurecom issues an annual list of the least expensive models to insure Using a search engine, we found the company's list from 2009 It included the following models (listed in alphabetical order): Cost of Owning and Operating Vehicle in U.

Increased 34 Percent According to AAA’s 2011 ‘Your Driving Costs’ Study I just started shopping for a used car I'm on a tight budget and I want to make sure I factor in all the costs, not just my monthly payment on my car loan I've figured out how to calculate my insurance and gas, but what about maintenance? How do I determine how expensive a car will be to maintain?.

But it's easy to find nice cars that cost much less Sporty cars such as the base can cost as little as $5,800 a year to own Even a quick, refined, and roomy small SUV such as the V6-powered My Account Customer Care Report a Safety Problem Career Opportunities The average owner of a sedan has to shell out nearly $10,000 a year to own and operate that car, according to auto club AAA.

17 cents to 608 cents per mile, or $9,122 per year Overall, that's a roughly 2% increase on the cost of operating a car last year Auto club AAA studies five cost categories – maintenance, fuel, tires, insurance and depreciation – for its annual "Your Driving Costs" study The biggest percentage increase this year was in maintenance costs, which grew by 11.

97 cents per mile, on average, for sedan owners Average costs in all categories are lower for smaller vehicles and higher for bigger ones The maintenance cost estimates are based on the cost to maintain a vehicle and perform needed repairs for five years and 75,000 miles, including labor expenses, replacement part prices and the purchase of an extended warranty "As a vehicle gets older you tend to encounter more significant repair costs," says Michael Calkins, AAA's manager of technical services Since last year's study, there were substantial increases in labor and parts costs for some models, and a significant rise in the price of extended warranties.

"Extended warranties are seeing a bit of an increase in claims That's where the costs have gone up" The second biggest increase: Insurance costs, which rose 276%, or $28, to an annual average of $1,029 AAA's insurance cost estimates are based on a low-risk driver with a clean driving record Fuel costs rose 193% to 14.

The actual average cost of regular gas went up 384% to $349 per gallon; but several of the vehicles in the AAA study had small improvements in fuel efficiency, which partially offset the fuel cost increase Depreciation costs, which had dropped in last year's study, ticked upward slightly, by 78% to $3,571 a year That might be because, as new vehicle sales recover, more used cars are available, which has softened the resale value of clean older models, Calkins says "The length of time people keep cars has been going up for the past several years, since the real estate crash," he says "The average age of the vehicle on the road now is 111 years.

The quality of the cars is also improving" Tire costs did not change from last year, remaining at about one cent per mile, on average, for sedan owners AAA has published "Your Driving Costs" since 1950 That year, gas cost 27 cents a gallon, and it cost about 9 cents a mile to drive 10,000 miles a year.

Car Reminder Systems Prompting 51 Percent of Users to Perform Maintenance in New AAA Study insurers who accept company car ncd Due to the competitive and dynamic nature of the tire market, tire costs in 2015 remain relatively unchanged, rising by just .

The costs associated with maintaining a vehicle had the single largest percentage increase from 2012 to 2013, growing by 1126 percent to 497 cents per mile on average for sedan owners AAA’s estimates are based upon the cost to maintain a vehicle and perform needed repairs for five years and 75,000 miles including labor expenses, replacement part prices and the purchase of an extended warranty policy.

The average owner of a sedan has to shell out nearly $10,000 a year to own and operate that car, according to auto club AAA hughes cars insurance A new AAA reports shows, on average, the cost of driving 15,000 miles a year rose 117 cents to 60.

Overall, that's a roughly 2% increase on the cost of operating a car last year Auto club AAA studies five cost categories – maintenance, fuel, tires, insurance and depreciation – for its annual "Your Driving Costs" study The biggest percentage increase this year was in maintenance costs, which grew by 1126% to 4.

Average costs in all categories are lower for smaller vehicles and higher for bigger ones The maintenance cost estimates are based on the cost to maintain a vehicle and perform needed repairs for five years and 75,000 miles, including labor expenses, replacement part prices and the purchase of an extended warranty "As a vehicle gets older you tend to encounter more significant repair costs," says Michael Calkins, AAA's manager of technical services Since last year's study, there were substantial increases in labor and parts costs for some models, and a significant rise in the price of extended warranties.

"Extended warranties are seeing a bit of an increase in claims That's where the costs have gone up" The second biggest increase: Insurance costs, which rose 276%, or $28, to an annual average of $1,029 AAA's insurance cost estimates are based on a low-risk driver with a clean driving record Fuel costs rose 193% to 14. The actual average cost of regular gas went up 384% to $349 per gallon; but several of the vehicles in the AAA study had small improvements in fuel efficiency, which partially offset the fuel cost increase Depreciation costs, which had dropped in last year's study, ticked upward slightly, by .
That might be because, as new vehicle sales recover, more used cars are available, which has softened the resale value of clean older models, Calkins says "The length of time people keep cars has been going up for the past several years, since the real estate crash," he says "The average age of the vehicle on the road now is 111 years.

The quality of the cars is also improving" Tire costs did not change from last year, remaining at about one cent per mile, on average, for sedan owners AAA has published "Your Driving Costs" since 1950 That year, gas cost 27 cents a gallon, and it cost about 9 cents a mile to drive 10,000 miles a year.

medicus malpractice insurance She has written for several online and print publications, including MSN Money and The Seattle Times The 5-Year Cost to Own is the total amount of vehicle-related costs you will likely have to cover during the first 5 years of owning a car This includes out-of-pocket expenses like fuel and insurance, and vehicle depreciation (loss in value) Office of the Assistant Secretary for Research and Technology (OST-R) U.
Department of Transportation (US DOT) Was this article useful? Please sign up to receive our content via e-mail: average car maintenance cost per year.

I'd like to receive useful tips, tools and resources via email from Kelley Blue Book and affiliates Sign up to see this price drop and to receive future price drop notifications Owning and Operating Your Vehicle Just Got a Little Cheaper According to AAA’s 2014 ‘Your Driving Costs’ Study If your older car is running fine, don't invest in a new one If you do buy a new car, pay cash if you can Adding interest and financing to your average annual costs will make your price tag much higher Cost of Owning and Operating Vehicle in US Increased 1.

This is the official newsroom of AAA, a not-for-profit organization that provides its members with travel, insurance, financial and automotive services and information Since its founding in 1902, AAA has been a leader and advocate for the safety and security of all travelers Remember, according to Sandy Bosserman, Service Manager of Enchantment Ford in New Mexico, the average maintenance you should expect to spend on a new car during the first year of driving is approximately $400 For every year after that first year, expect to add $200 to $400 in maintenance fees to the cost to own that car As North America’s largest motoring and leisure travel organization, AAA provides more than 53 million members with travel, insurance, financial and automotive-related services.

AAA clubs can be visited on the Internet at Figure these costs by month and year average car maintenance cost per year To find out your average yearly car costs, add several year's car expenses together and divide by the number of years This will give you a sense of how much you need to budget per year, provided you don't change cars and gas prices don't increase rapidly.
Nielsen continued, “Before you make any vehicle purchase, it is important to determine ownership and operational costs and compare them to your current and future financial situation ” To assist consumers in determining their individual driving costs, the AAA ‘Your Driving Costs’ brochure contains a worksheet that can be filled out and personalized for a specific area, driver and vehicle .

8 Percent Rise in Cost to Own, Operate Vehicle in 2010 Edition of ‘Your Driving Costs’ This is the official newsroom of AAA, a not-for-profit organization that provides its members with travel, insurance, financial and automotive services and information Since its founding in 1902, AAA has been a leader and advocate for the safety and security of all travelers Knowing a vehicle's cost over time can save you thousands in the long haul AAA has published ‘Your Driving Costs’ since 1950 .

Office of the Assistant Secretary for Research and Technology (OST-R) US Department of Transportation (US DOT) .


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