Stat Corner

Costlier Wheels:
Costlier depreciation, insurance and financing raised the average cost for owning and driving a 1996 car $204, to $6,389 per year, or 42.6 cents per mile. By vehicle type:

Vehicle (example) Compact (Ford Escort LX) Midsize (Ford Taurus GL) Full-size (Chevy Caprice) Sport-utility (Chevy Blazer) Minivan (Dodge Caravan SE)

Cents per mile 37.1 43.4 47.3 49.9 44.6

Source: USA Today

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AutoInc. Magazine ®, Vol. XLIV No. 5, May 1996