Have you calculated your cents/mile costs?

[davidjh72]

D'oh! I forgot to factor in changing the spark plugs - $12 for OEM NGK (no biggie there)
Tires! Goodyear Integrity All-season (not a winter tire by any means)=$280
Hankook Winter iPike (wonderful snow tires compared to the Goodyears)=$270

That's bumped up my cost per mile. I should be able to get another 2 years out of the Goodyears and 4 - 5 years on the snow tires driven on 3 months a year.

Oh, and I've owned the car since I bought it. No payments. Yeah!

[ELF]

I figure I am at about .24 cents a mile on the sable, thats for 1 year and includes $1000 depreciation ( just took a wild guess on that)
I would be down around .14 per mile without dep.

[GasSavers_DaX]

6 months of gas = $475.44
6 months of maintenance = $60 (giving $10/mo)
6 months of registration = $24
6 months of insurance = $218.88
Distance driven in last 6 months = 8622.485 miles

Depreciation (Paid $1500, driven 65,000 miles) = $0.02 per mile

Cost per mile for last 6 months = $.09/mile

Cost per mile with depreciation = $0.11 / mile

(this is for the Beater, not the Beat)

[MorningGaser]

Not taking depreciation into consideration, here's mine:

Miles/Year: 20,800
Insurance/Year: $800
Maintenence/Year: $150
Registration/Year: $200
Gas Cost/Year @ 33 MPG (conservative): $2,048 @ today's $3.25/gal 87 octane.

Total Yearly Expense: $3,198

Cost/Mile: $3,198 / 20,800 = 15.4 Cents ballpark figure

I plan to drive the 2007 Yaris until it drops, I suspect around 250,000 miles, so I really don't car about depreciation, as I will never sell it.

[zpiloto]

Originally Posted by MorningGaser

Not taking depreciation into consideration, here's mine:

Miles/Year: 20,800
Insurance/Year: $800
Maintenence/Year: $150
Registration/Year: $200
Gas Cost/Year @ 33 MPG (conservative): $2,048 @ today's $3.25/gal 87 octane.

Total Yearly Expense: $3,198

Cost/Mile: $3,198 / 20,800 = 15.4 Cents

I plan to drive the 2007 Yaris until it drops, I suspect around 250,000 miles, so I really don't car about depreciation, as I will never sell it.

Why is registration $200 a year? Ouch. No note payment?

[Bill in Houston]

Originally Posted by MorningGaser

I plan to drive the 2007 Yaris until it drops, I suspect around 250,000 miles, so I really don't car about depreciation, as I will never sell it.

Well, then, that gives you your depreciation answer right there. For example, $14,000 purchase price divided by 250,000 miles is 5.6 cents per mile. You are doing way better than a guy who buys an Expedition, holds it for three years, and then sells it. That guy would be something like $13000 depreciation over 45000 miles, for 29 cents per mile in depreciation alone. Ouch.

[LxMike]

depreciation is whats keeping mine up there. just bought it last june and i have only driven 5500 miles. without factoring that in i'm between .25-.3 per mile right now.

[omgwtfbyobbq]

Nothing is cheaper for a few thousand miles per year than a bicycle or moped.

[MorningGaser]

Originally Posted by zpiloto

Why is registration $200 a year? Ouch. No note payment?

I paid for the car cash, as it was just $13,100 new. As for the registration, blame it on the Califormia legislature :-(

[MorningGaser]

Originally Posted by Bill in Houston

Well, then, that gives you your depreciation answer right there. For example, $14,000 purchase price divided by 250,000 miles is 5.6 cents per mile. You are doing way better than a guy who buys an Expedition, holds it for three years, and then sells it. That guy would be something like $13000 depreciation over 45000 miles, for 29 cents per mile in depreciation alone. Ouch.

I was that Expedition guy!

I dumped mine at 36,000 as it was in the shop too much...but those were the bad old low MPG days....today things are much different!