2007 auto avg. expense
#1
Human most of the time
Thread Starter
Join Date: Feb 2009
Location: Toledo, Ohio
Posts: 167
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Likes: 0
Liked 0 Times
in
0 Posts
2007 auto avg. expense
https://autos.yahoo.com/articles/auto...ut-200-a-month
This article states that in 2007 a car took an avg. of $8220. to maintain and drive. Breaking that down to getting paid $20. an hour on your job it would of taken 411 hours of work or over 10 weeks to pay the expense. That doesn't even take taxes into the equation. Just think if you only made $10. an hour.
It just makes me wonder if people think before they commit to money matters.
This article states that in 2007 a car took an avg. of $8220. to maintain and drive. Breaking that down to getting paid $20. an hour on your job it would of taken 411 hours of work or over 10 weeks to pay the expense. That doesn't even take taxes into the equation. Just think if you only made $10. an hour.
It just makes me wonder if people think before they commit to money matters.
#3
Banned
$8220 is a bit steep for annual vehicle expenses, at least at our househould. Even half of that number would be a stretch for the one family member with the highest vehicle expense; loan payment, insurance, and fuel costs included.
#4
Que CERA, CERA
Join Date: Feb 2008
Location: Kitchener, ON
Posts: 873
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Likes: 0
Liked 0 Times
in
0 Posts
#6
Been Around Awhile
Join Date: Oct 2004
Location: Burlington Iowa
Posts: 29,959
Bikes: Vaterland and Ragazzi
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 12 Post(s)
Liked 1,528 Times
in
1,041 Posts
Don't wory, Yahoo doesn't link to the source document of this "average expense" data. But who needs any source when the "numbers" meet the agenda? Just throw the stuff on the wall and see what sticks.
#7
Been Around Awhile
Join Date: Oct 2004
Location: Burlington Iowa
Posts: 29,959
Bikes: Vaterland and Ragazzi
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 12 Post(s)
Liked 1,528 Times
in
1,041 Posts
#8
Senior Member
Join Date: Nov 2005
Location: Vermont
Posts: 561
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 2 Post(s)
Likes: 0
Liked 0 Times
in
0 Posts
I heard a blurb on the local news yesterday about annual AAA numbers. They said about $0.54 per mile factoring in all the normal stuff. Of course this is an average. Got me wondering about what it costs me per mile to ride my bike. Currently it's more that $0.54, but the longer I own/ride current bike the more that number will fall.
~
~
#9
Sophomoric Member
https://autos.yahoo.com/articles/auto...ut-200-a-month
This article states that in 2007 a car took an avg. of $8220. to maintain and drive. Breaking that down to getting paid $20. an hour on your job it would of taken 411 hours of work or over 10 weeks to pay the expense. That doesn't even take taxes into the equation. Just think if you only made $10. an hour.
It just makes me wonder if people think before they commit to money matters.
This article states that in 2007 a car took an avg. of $8220. to maintain and drive. Breaking that down to getting paid $20. an hour on your job it would of taken 411 hours of work or over 10 weeks to pay the expense. That doesn't even take taxes into the equation. Just think if you only made $10. an hour.
It just makes me wonder if people think before they commit to money matters.
My choice has been to work only four days a week, and still have the same standard of living (other than the car) that my colleagues enjoy. Works for me!
__________________
"Think Outside the Cage"
#10
Senior Member
Join Date: Apr 2008
Location: Iowa City, IA
Posts: 433
Bikes: 2008 Surly LHT, 2008 Trek 7.2fx
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Likes: 0
Liked 0 Times
in
0 Posts
Assuming 15,000 miles a year: $6,320 for a small sedan, $9,769 for a large, $8,121 on average. $10,448 for a four wheel drive SUV.
#11
Sophomoric Member
I heard a blurb on the local news yesterday about annual AAA numbers. They said about $0.54 per mile factoring in all the normal stuff. Of course this is an average. Got me wondering about what it costs me per mile to ride my bike. Currently it's more that $0.54, but the longer I own/ride current bike the more that number will fall.
~
~
__________________
"Think Outside the Cage"
#12
Sophomoric Member
As usual, you can't be bothered to supply any figures that are more reliable. Put up or shut up, ILTB.
__________________
"Think Outside the Cage"
#13
Senior Member
Join Date: Apr 2008
Location: Iowa City, IA
Posts: 433
Bikes: 2008 Surly LHT, 2008 Trek 7.2fx
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Likes: 0
Liked 0 Times
in
0 Posts
I heard a blurb on the local news yesterday about annual AAA numbers. They said about $0.54 per mile factoring in all the normal stuff. Of course this is an average. Got me wondering about what it costs me per mile to ride my bike. Currently it's more that $0.54, but the longer I own/ride current bike the more that number will fall.
#14
Sophomoric Member
Cycling may in fact be more expensive per mile, but if you look at the total cost of ownership it's significantly lower - the average car free cyclist probably doesn't rack up 15,000 miles a year on their bike. Per mile is kind of an odd unit of measurement because you still have to own the car regardless of whether you drive 10 miles or 10,000. Of course the less you drive the lower your fuel and maintenance costs will be, but your fixed costs via car payment, insurance, registration, etc do not decrease.
I think the biggest variable in car costs is the number of people being transported. If you almost always have four or five passengers, cars are probably the cheapest way to go. But this multiple occupancy situation situation is rare in most countries. Typically there are only one or two people per car, so it's a pretty expensive way to travel.
__________________
"Think Outside the Cage"
#15
Been Around Awhile
Join Date: Oct 2004
Location: Burlington Iowa
Posts: 29,959
Bikes: Vaterland and Ragazzi
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 12 Post(s)
Liked 1,528 Times
in
1,041 Posts
Shifting the burden of proof might seem like a logical response for the statistically challenged ideologue who will grasp at any number or average tossed out, no matter what its source or validity, that meets the requirement to justify a course of action.
#16
Riding Heaven's Highways on the grand tour
Join Date: Aug 2006
Posts: 1,675
Mentioned: 1 Post(s)
Tagged: 0 Thread(s)
Quoted: 2 Post(s)
Likes: 0
Liked 3 Times
in
3 Posts
not a cost of ownership. You are counting that twice if you count the payment and depreciaiton. Look at it this way, you buy the car for $10,000 and park it. It depreciates $2,000 even though you don't touch it....simply cause its last years model now. Are you out another $2000? No...you are out your 10,000 cash and if you sold it, you would recoup $8,000. If the depreciation was actually a cost it would be $12,000 cost and recoup $8,000
__________________
1 bronze, 0 silver, 1 gold
1 bronze, 0 silver, 1 gold
#17
Senior Member
Join Date: Nov 2008
Posts: 602
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 9 Post(s)
Likes: 0
Liked 4 Times
in
3 Posts
If you want some #'s.
From 2/25/2005 to today:
Maintenance $1654.70. Thats 10 oil/filter changes changes, 5 tires, one wheel to make the spare match the rest, and one wheel bearing.
Fuel Record:
Total Miles 63,822
Total Gallons 3836.84
Avg. MPG 16.634
Total Cost $9,718.27
Total Hours 1,732
Gallons / Hour 2.22
Avg. MPH 36.847
Cost / Mile $0.15
add in registration once a year at around $89 * 4 years, I'm up to about 11k. for 4 years. This is higher than average though since its a full size 4x4 truck and since we moved in July we never go more than a couple miles from home unless its recreational use as everything we need is here but those .5 drives to work kill the gas mileage, my highest mpg is 21. So take your average sedan wher it gets 30mpg and averages say 20somehting you should be able to cut those costs by a third, then remember that car tires can be had much cheaper too, I bought truck rated 8 ply off road tires because I was tired of fixing flats on the farm.
I also added $934 in accessories from a truck cap to second battery and isolator as I'm setup like an RV for long days at the parks or camping on the farm.
From 2/25/2005 to today:
Maintenance $1654.70. Thats 10 oil/filter changes changes, 5 tires, one wheel to make the spare match the rest, and one wheel bearing.
Fuel Record:
Total Miles 63,822
Total Gallons 3836.84
Avg. MPG 16.634
Total Cost $9,718.27
Total Hours 1,732
Gallons / Hour 2.22
Avg. MPH 36.847
Cost / Mile $0.15
add in registration once a year at around $89 * 4 years, I'm up to about 11k. for 4 years. This is higher than average though since its a full size 4x4 truck and since we moved in July we never go more than a couple miles from home unless its recreational use as everything we need is here but those .5 drives to work kill the gas mileage, my highest mpg is 21. So take your average sedan wher it gets 30mpg and averages say 20somehting you should be able to cut those costs by a third, then remember that car tires can be had much cheaper too, I bought truck rated 8 ply off road tires because I was tired of fixing flats on the farm.
I also added $934 in accessories from a truck cap to second battery and isolator as I'm setup like an RV for long days at the parks or camping on the farm.
Last edited by enine; 04-09-09 at 01:50 PM.
#18
Biker
Join Date: Aug 2005
Location: DC
Posts: 1,917
Bikes: one Recumbent and one Utility Bike
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Likes: 0
Liked 0 Times
in
0 Posts
At times bike ownership can get a little pricey. But I ride $200 used bikes that usually don't require more than about $100 a year for maintenence. Parts like tires, lube, brake pads and tubes might run a couple hundred dollars. The extra food I eat to fuel the engine is probably another couple hundred. So let's say at most $700 a year. YMMV.
I think the biggest variable in car costs is the number of people being transported. If you almost always have four or five passengers, cars are probably the cheapest way to go. But this multiple occupancy situation situation is rare in most countries. Typically there are only one or two people per car, so it's a pretty expensive way to travel.
I think the biggest variable in car costs is the number of people being transported. If you almost always have four or five passengers, cars are probably the cheapest way to go. But this multiple occupancy situation situation is rare in most countries. Typically there are only one or two people per car, so it's a pretty expensive way to travel.
#19
Senior Member
Join Date: Apr 2008
Location: Odenton, MD
Posts: 660
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Likes: 0
Liked 0 Times
in
0 Posts
#20
Sophomoric Member
But I don't know what to call it when people like you seem to claim that it's cheaper to drive than ride a bike. "Tomfoolery" comes to mind.
__________________
"Think Outside the Cage"
#21
Sophomoric Member
IRS says the deduction for cars is 58.5 cents per mile. This is remarkably close to the Yahoo figure, which is remarkably close to the AAA figure.
I suppose the obfuscators like ILTB will claim that the IRS and AAA are whiney bike culture advocates who are distorting the truth in order to make their ideological point.
I suppose the obfuscators like ILTB will claim that the IRS and AAA are whiney bike culture advocates who are distorting the truth in order to make their ideological point.
__________________
"Think Outside the Cage"
#22
Senior Member
Join Date: Apr 2008
Location: Odenton, MD
Posts: 660
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Likes: 0
Liked 0 Times
in
0 Posts
IRS says the deduction for cars is 58.5 cents per mile. This is remarkably close to the Yahoo figure, which is remarkably close to the AAA figure.
I suppose the obfuscators like ILTB will claim that the IRS and AAA are whiney bike culture advocates who are distorting the truth in order to make their ideological point.
I suppose the obfuscators like ILTB will claim that the IRS and AAA are whiney bike culture advocates who are distorting the truth in order to make their ideological point.
Seriously, though I'm not sure why anybody even responds to ILTB most of the time.
#23
In the right lane
I don't recall anyone ever saying they thought their transportation costs increased when they went car free. My transportation costs would have to increase dramatically to compensate for the fun and health and extra time benefits of car free living. How about it car-free people who mad the switch from car culture to car free? Are any of you willing to assert that your transportation costs have increased so much that you want to go back to car culture? Lets hear how it happened. Several people have posted that they thought they had more money in the bank after ditching a car.
Nowadays, I am car payment free. My last payment was $299 a month. Nowadays it's $0. My current wheels -- all two of them -- cost me $60 and I put another $60 into parts. I figure I won't put another $60 into it for a few more months.
So $60 every 3 months vs. $299 a month. All this ignoring gas, insurance, repairs....
Just who says their carfree transportation costs increased??
#24
Senior Member
ILTB is actually just Roody and he likes to argue with himself in his free time!
#25
Surf Bum
Join Date: Aug 2008
Location: Pacifica, CA
Posts: 2,184
Bikes: Lapierre Pulsium 500 FdJ, Ritchey breakaway cyclocross, vintage trek mtb.
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 13 Post(s)
Likes: 0
Liked 5 Times
in
3 Posts
Even at the top end numbers quoted here, operating a car would cost me about 306 hours of labor per year. But it'd save me more time than that compared to public transportation or cycling to work.
My own true reality is I probably only work about 50 hours to pay for my car costs each year because I drive a 40 year old car I maintain myself... But let's just say I had a brand new car and it was taking me 300 hours a year to pay for the car. Well, cycling to work would take me at least two hours round trip daily. Driving takes 30min round trip. So driving saves me 1.5 hours of time a day, or about 350 hours a year. Conclusion: it'd still be totally worth it to me to drive rather than bike because my time is valuable to me.
Yes, I spend some of that time riding my bike anyway, but I am now free to do so on whatever road or trail I want and not the boring, dangerous roads I'd be cycling on if I rode to work.
My own true reality is I probably only work about 50 hours to pay for my car costs each year because I drive a 40 year old car I maintain myself... But let's just say I had a brand new car and it was taking me 300 hours a year to pay for the car. Well, cycling to work would take me at least two hours round trip daily. Driving takes 30min round trip. So driving saves me 1.5 hours of time a day, or about 350 hours a year. Conclusion: it'd still be totally worth it to me to drive rather than bike because my time is valuable to me.
Yes, I spend some of that time riding my bike anyway, but I am now free to do so on whatever road or trail I want and not the boring, dangerous roads I'd be cycling on if I rode to work.