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Let's see here, 4 years ago we bought that Camry for $10,200.
In that time we've paid $2880 for insurance, roughly $3500 for fuel, $600 in repairs, and around $1200 in licensing/taxes for a total of $18,380, which averages out to $4595/yr so far.
And that is going to go down every additional year we have the car. If we keep it another 4 years with no major repair costs we're looking at $3320/yr.
Even better was my Caravan I just retired. I paid $2000 for it, drove it nearly four years, probably spent around $5,000 in gas over that time, around $3000 for licensing/insurance and $400 in repairs. Total operating costs=$2600/yr.
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