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Cost of Driving Print

From time to time you have probably wondered what it really costs you to drive your car. Most people immediately think of the obvious costs: purchasing and maintaining a car, gas, oil, insurance, registration, parking, and maybe toll fees.

 

Based on research from “Commute Solutions”, driving a car is not as inexpensive as you might think. In fact, the true cost of driving is about $1.35 per mile and is rising!

 

Direct Costs of Driving: Paid by you

  • Fixed Costs: Insurance, licensing, registration, and motor vehicle taxes
  • Finance Charges
  • Depreciation
  • Fuel and Oil Expenses

 pie chart showing the true cost of driving per mile

Societal Costs of Driving: Paid for by society through general funds, taxes, and other fees

  • Maintenance and Operations of Roadways
  • Commercial and Employer Parking
  • Waste Disposal
  • Air Pollution
  • Road Noise
  • Water Pollution and Hydrologic Impacts
  • Barrier Effects on Pedestrians and Bicycles
  • Land Use Impact
  • Congestion

 



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