SUV and Minivan Driving Costs

SUV and Minivan

SUV and Minivan Driving Costs

According to AAA Auto Club, the following are national average per-mile costs and the composite national average for a 2000 Chevrolet Blazer and a 2000 Dodge Caravan SE. Costs for these two vehicles are not part of the composite national average of three different cars:

	2005 Chevrolet TrailBlazer LS 6-cyl. (4.3 liter) 2WD 2-door sport utility	2005 Dodge Caravan SXT 6-cyl. (3.0 liter) passenger van
Operating costs	per mile	per mile
gas and oil	10.8 cents	8.9 cents
maintenance	5.3cents	5.7 cents
tires	0.9 cents	0.6 cents
cost per mile	17.0 cents	15.2 cents
Ownership costs	per year	per year
Insurance policy includes $100,000/$300,000 level coverage w/$500 deductible for collision coverage and $100 deductible for comprehensive coverage	$1,398	$1,130
license, registration, taxes	$435	$389
depreciation (15,000 miles annually)	$4,300	$3,755
finance charge (10% down; loan @ 6.0%/5 yrs)	$891	$739
cost per year	$7,024	$6,013
cost per day	$19.24	$16.47

Total Cost Per Mile

	2005 Chevrolet TrailBlazer LS 6-cyl. (4.3 liter) 2WD 2-door sport utility	2005 Dodge Caravan SXT 6-cyl. (3.0 liter) passenger van
15,000 total miles per year	per year	per year
cost per mile x 15,000 miles	$2,550	$2,280
cost per day x 365	$7,024	$6,013
total cost per year	$9,574	$8,293
total cost per mile*	63.8 cents	55.3 cents
20,000 total miles per year	per year	per year
cost per mile x 20,000 miles	$3,400	$3,040
cost per day x 365	$7,024	$6,013
increased depreciation**	$925	$950
total cost per year	$11,349	$10,003
total cost per mile*	56.7 cents	50.0 cents
10,000 total miles per year	per year	per year
cost per mile x 10,000 miles	$1,700	$1,520
cost per day x 365	$7,024	$6,013
decreased depreciation***	-$950	-$925
total cost per year	$7,774	$6,608
total cost per mile*	77.7 cents	66.1 cents

* total cost per year/total miles per year

** increased depreciation for mileage over 15,000/yr

*** decreased depreciation for mileage under 15,000/yr

The above information was prepared by AAA with assistance of Runzheimer International.

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