
Frequently Asked Question:
Including the cost of the vehicle, gas, insurance, maintenance, EVERYTHING, what does it cost you to drive?
Doesn’t have to be an exact figure, but include absolutely everything related to it — even getting it washed. Depreciation/lease. Your new ice scraper. The whole deal.
What do you figure you spend each month?
Answer by Don A
well in my old ford, i would say about 1000 dollars, i get horrible milegae, like 10 mpg. But i guess thats what happens when you have a blown 429. Its well worth it for me tho, and i dont drive that truck daily.
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with the payment and insurance and all that it is about $ 900-$ 1000 per month and I drive a 2006 toyota and drive a LOT
I set up a spreadsheet on my PC, and pound in every expense, and the odometer readings.
It keeps a running total: Gas costs, other costs, miles per gallon.
At last report, it was 32 cents per mile.
In September, I did a long trip, which put the gas for the month very high. Plus, a repair to deliberate damage, which put the cost higher.
Including repairs for the year, some of which were unexpected, it’s been nearly 300 a month.
Well, this is gonna be a long one. And it may not help you since I don’t drive. I RIDE. But, you may get interested, and I always preach.
I own an H-D FXDWG. (It’s a motorcycle, but I’m sure you know this.) I pay $ 240.00 a month for the bike. My insurance is $ 267.00 a year, even though I have a DUI on my record. I get about 45 MPG, (I have to use premium gas since the engine is air cooled.) and I ride about 130-150 miles a week. That comes out to about $ 10.00 a week with gas being around $ 2.40 a gallon.
In case you are wondering, no. This is not a weekend plaything, but my regular weekday, back and forth to work, etc., ride. Sometimes the grocery shopping is a pain, but…
Washing costs me squat. I get no water bill. Some of the special stuff I have to use is a bit on the expensive side, since I can’t use what you use on a car. I’d say about $ 150.00 a year to cover all the washing duties, including the rags, and q-tips. I usually clean my washable air filter during this time. After three cleanings, I replace my air filter. It runs about $ 55.00.
Bikes take special oil. Especially the big air cooled ones. I pay about $ 8.00 a quart, and it takes 3 quarts. I need to change my oil more often, like about every 2,000 miles. Plus stuff you don’t have on a car needs to be lubed, tightened, adjusted, etc. A full service on my bike costs about $ 200.00 for everything except the tip for the mechanic. I only have this done about three times a year though. (I don’t wait for the miles to be up. I could probably get away with two times a year.)
All in all, I probably pay about $ 340-360 a month to keep moving. (Gas prices are weird, so I can’t be exact. Plus my math stinks.) I have no depreciation per se, since older H-D’s are in demand all the time. When I traded my last bike I got just $ 700.00 less than I paid for it. Try THAT with a car! This is pretty well much just the good bikes, though. The H-D’s, the BMW’s, the Ducati’s, the big Honda cruisers, etc.
Hope I did not bore you to tears.
i have a 89 toyota pickup. it has 165,000 miles. it has new tires and lots of maintenance done all by me. the truck cost 2,200. the insurance 84 per month,1008 yearly. tires 300, all my maintance 800. gas: 20 per week, 1120 per year. i have owned it for 12 months as of halloween. all added up is 5,428 so far this year. 14.87 per day.450-460 a month.
with out the price of the car is 3,228 total 274.15 per month 8.84 per day. hopes it helps
My three-year-old Prius is still in high demand, and has depreciated from $ 29k to $ 22k, or about $ 200/month. Insurance is $ 70/month. I only drive 500 miles a month, so gas is about $ 30/month. I’ve been lucky with repair expenses: one flat tire, one $ 300 repair, another few hundred dollars in maintenace, call it an average of $ 20/month for that. So $ 320/month. If you include parking expenses, add another $ 40/month on average, but I only pay for parking if it’s cheaper than a taxi. Per mile, that’s not so great, but the convenience is worth it to me, especially when I had a job where I worked weird hours and a 12-minute drive was just more pleasant than waiting 18 minutes for a crowded train filled with sneezing and coughing people, or the ability to go on a weekend road trip with my girlfriend on a moment’s notice.