Cost of Owning and Operating an Automobile
Cost of Owning and Operating an AutomobileDriving an automobile 15,000 miles per year cost 51¢ per mile in 2002, or 13 percent more than it did in 1992, when total costs were 45¢ (figure 6-2). These data, which are expressed in 2000 chained dollars,1 include fixed costs (e.g.,...