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Old 04-18-2013, 11:43 AM  
Deberg_1990 Deberg_1990 is offline
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AAA: The average cost of your car per year: $9100

http://www.usatoday.com/story/news/n...costs/2070397/


The average owner of a sedan has to shell out nearly $10,000 a year to own and operate that car, according to auto club AAA.

A new AAA reports shows, on average, the cost of driving 15,000 miles a year rose 1.17 cents to 60.8 cents per mile, or $9,122 per year. Overall, that's a roughly 2% increase on the cost of operating a car last year.

Auto club AAA studies five cost categories – maintenance, fuel, tires, insurance and depreciation – for its annual "Your Driving Costs" study.

The biggest percentage increase this year was in maintenance costs, which grew by 11.26% to 4.97 cents per mile, on average, for sedan owners. Average costs in all categories are lower for smaller vehicles and higher for bigger ones.

The maintenance cost estimates are based on the cost to maintain a vehicle and perform needed repairs for five years and 75,000 miles, including labor expenses, replacement part prices and the purchase of an extended warranty.

"As a vehicle gets older you tend to encounter more significant repair costs," says Michael Calkins, AAA's manager of technical services.

Since last year's study, there were substantial increases in labor and parts costs for some models, and a significant rise in the price of extended warranties. "People are keeping cars longer," Calkins says. "Extended warranties are seeing a bit of an increase in claims. That's where the costs have gone up."

The second biggest increase: Insurance costs, which rose 2.76%, or $28, to an annual average of $1,029. AAA's insurance cost estimates are based on a low-risk driver with a clean driving record.

Fuel costs rose 1.93% to 14.45 cents per mile for the average sedan owner. The actual average cost of regular gas went up 3.84% to $3.49 per gallon; but several of the vehicles in the AAA study had small improvements in fuel efficiency, which partially offset the fuel cost increase.

Depreciation costs, which had dropped in last year's study, ticked upward slightly, by .78% to $3,571 a year. That might be because, as new vehicle sales recover, more used cars are available, which has softened the resale value of clean older models, Calkins says.

"The length of time people keep cars has been going up for the past several years, since the real estate crash," he says. "The average age of the vehicle on the road now is 11.1 years. It's not just for financial reasons that people are keeping cars long. The quality of the cars is also improving."

Tire costs did not change from last year, remaining at about one cent per mile, on average, for sedan owners.

AAA has published "Your Driving Costs" since 1950. That year, gas cost 27 cents a gallon, and it cost about 9 cents a mile to drive 10,000 miles a year


AAA report:


http://newsroom.aaa.com/wp-content/u...gCosts2013.pdf
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Old 04-19-2013, 06:17 AM   #46
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Thats too much for me to settle for. When I buy I want to see no more than 30k on the damn thing.
And you'll pay for that. Mileage just doesn't mean all that much to me, I'm far more interested in how well the vehicle was cared for.
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Old 04-19-2013, 06:18 AM   #47
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And you'll pay for that. Mileage just doesn't mean all that much to me, I'm far more interested in how well the vehicle was cared for.
still a hell of a lot cheaper than a new car price. I can live with that.
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Old 04-19-2013, 06:23 AM   #48
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still a hell of a lot cheaper than a new car price. I can live with that.
Yep, someone else is still taking that initial hit of depreciation. What bothers me about cars that are only a couple years old is it makes me wonder about why is was only kept by the original owner for such a short time. If it's someone who buys a new one every couple years, and they know they won't have it a long time, where's the incentive to take care of it? Or is a repo or a rental or a fleet vehicle? None of those are appealing to me either.
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Old 04-19-2013, 06:59 AM   #49
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Originally Posted by Bugeater View Post
Yep, someone else is still taking that initial hit of depreciation. What bothers me about cars that are only a couple years old is it makes me wonder about why is was only kept by the original owner for such a short time. If it's someone who buys a new one every couple years, and they know they won't have it a long time, where's the incentive to take care of it? Or is a repo or a rental or a fleet vehicle? None of those are appealing to me either.
my jeep was 18 months old and had 63K on it when we bought it.

traveling salesman owned it
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Old 04-19-2013, 07:09 AM   #50
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Originally Posted by Frosty View Post
Just curious - what goes down every year? The tax? Fuel and insurance aren't likely to change (hard to tell with fuel prices) and the chances of repair go up with age.
Bought my new car 14 months ago. Insurance costs from year 1 to year 2 dropped $300.

I bought new because I wanted to and I can afford it. Got my car for invoice price. Last car I had for 14 years and I only put about 10k/yr on them.
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Old 04-19-2013, 08:25 AM   #51
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Yeah I was a bit surprised that was all it cost, and that was even at a dealership. One reason they cost so much is they often replace the water pump while they're in there as well, but the dealer said that wasn't necessary until the 2nd timing belt change.
FWIW, when I had the timing belt on my son's Impreza changed last year, it was only $250. It varies wildly from car to car., it seems.

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Originally Posted by Bugeater View Post
What bothers me about cars that are only a couple years old is it makes me wonder about why is was only kept by the original owner for such a short time.
My Forester ('09 with only 14,500 miles) was a lease return.
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Old 04-19-2013, 09:43 AM   #52
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Timing belt replaced for $300? That seems impossible.
That's because it is. Guy's lying about $150/year in repairs & maintenance.
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Old 04-19-2013, 09:48 AM   #53
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That's because it is. Guy's lying about $150/year in repairs & maintenance.
We fix all of our own stuff at our shop. Everything from suspension to motor, transmission, differential etc etc. I did not read the whole thread, but if he is saying he only pays $150 a year for repairs and maintenance, I don't believe that. Unless it's a brand new car and you only have oil changes. I have a 96 Escort, just had to put an alternator, outer tie rods and sway bars on her, and did an oil change and it that cost me about $150. Thats wholesale cost and no labor or tax.
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Old 04-19-2013, 10:02 AM   #54
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Originally Posted by Prison Bitch View Post
That's because it is. Guy's lying about $150/year in repairs & maintenance.
You are dumb as hell. I just got a belt replaced AND water pump for 300.
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Old 04-19-2013, 10:05 AM   #55
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You are dumb as hell. I just got a belt replaced AND water pump for 300.
Not uncommon at all, I have seen some crazy high prices (some imports for instance), and some are very reasonable like the cost you just listed.
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Old 04-19-2013, 10:36 AM   #56
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I leased my car, which at the time was perfect for me. I have an allotted 15k miles per year, and after three years I have put a total of 16,800 miles on the car.

Since the depreciation is set at the time of the lease, my car will be worth more than the cost to buy it outright from the dealership. It just makes no sense for me not to end up buying out the remainder of the car and then re-selling at a profit.
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Old 04-19-2013, 11:38 AM   #57
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Originally Posted by Prison Bitch View Post
That's because it is. Guy's lying about $150/year in repairs & maintenance.
Ok, I pulled the invoice and I was wrong, it was $366. Is that more believable to you? Or do I need to scan the ****ing thing and post it?

This is as bad as the time I had to post my ****ing car title because R8ers didn't believe we paid cash for it.
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Old 04-19-2013, 11:42 AM   #58
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We fix all of our own stuff at our shop. Everything from suspension to motor, transmission, differential etc etc. I did not read the whole thread, but if he is saying he only pays $150 a year for repairs and maintenance, I don't believe that. Unless it's a brand new car and you only have oil changes. I have a 96 Escort, just had to put an alternator, outer tie rods and sway bars on her, and did an oil change and it that cost me about $150. Thats wholesale cost and no labor or tax.
Yeah, reading the thread would've helped, then you would know that we only put 5-6,000 miles on two of the vehicles each year. I don't see why it's that hard to believe that I can make it through a year without any repairs when we're not driving the shit out of them.

As far as my van, I guess I was just lucky with it because I never had to take it into a shop for anything, the few problems I had with it I was able to repair myself.
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Old 04-19-2013, 11:43 AM   #59
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Originally Posted by Bugeater View Post
Ok, I pulled the invoice and I was wrong, it was $366. Is that more believable to you? Or do I need to scan the ****ing thing and post it?

This is as bad as the time I had to post my ****ing car title because R8ers didn't believe we paid cash for it.

I never said I didn't believe you , I just wanted to see if you would do it ... That was a fun day, I had you pounding on the keyboard with your knuckles
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Old 04-19-2013, 11:48 AM   #60
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I never said I didn't believe you , I just wanted to see if you would do it ... That was a fun day, I had you pounding on the keyboard with your knuckles
Revisionist history. You showed your ass that day.
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