Posts Tagged: cost per mile

Car cost per mile

Cost per mile — car ownership According to a recent AAA, car ownership cost per mile went up by almost 9% in 2019. The study shows that electric and hybrid vehicles and small sedans have the lowest cost per mile, while trucks are the most expensive. However, the rise in car ownership cost was driven more by vehicle complexity in 2019 than inflation. Electric vehicle 6.60 cents Hybrid vehicle 7.70 cents Small sedan 8.53 cents Minivan 8.73 cents Half-ton crew cab pickup (4wd) 8.77 cents Small SUV (fwd) 9.09 cents … Read More