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→ Cost of driving has risen 3.4%, study finds [USA Today]
Rising gas prices. Costlier tires. Lousy deals on vehicle resales. If it seems that it’s costing more to operate a motor vehicle these days, that’s because it is – 3.4% more than a year ago, according to auto club AAA.
The average annual cost to own and operate a sedan in the USA, based on 15,000 miles of driving, rose 1.9 cents per mile to 58.5 cents per mile, or $8,776, says AAA’s 2011 “Your Driving Costs” study.