Per-Mile Vehicle Costs
The American Automobile Association (AAA) collects data on automobile operating costs annually and publishes per-mile cost estimates for new vehicles driven 15,000 miles a year for 5 years.
AAA sets the criteria for the categories of costs in their estimates. For example, AAA bases fuel costs on the average prices for 12 months ending in May.
The largest vehicle expense is ownership costs. Ownership costs include depreciation, vehicle insurance, license and registration fees, and finance charges.
