I was listening to the John Tesh Radio Show on the way to work. He said the Average person spends $9,000 a year on their car not including their car loan payment. The topic went on to talk about ways to reduce that including car pooling and taking public transportation.
I spend about $2,175 per year
Insurance 112-124 per 6 months = 250 year
Gas 75-80 per month rounded to 100 = 1200 per year
Car Tabs 65 = 65
Oil change 40 x 3times per year = 120
Wiper Blades 40 = 40
Repairs/maintenance 500 = 500
I put 500 in for repairs/maintenance because it seems like every 2 years I have a repair. This year it was new tires and everything flushed because my car hit 120K miles. That cost $830 with Oil change factored in. Two years ago I needed body work after I had a small fender bender which left me needing $1,200 in work. So every two years or so I need 1000 with or work which averages to $500. I do not have to replace my wiper blades EVERY year but it seems like it and with the High Volume of Snow we get here, I tend to buy and put on top of the line wipers.
I live in a area that I am lucky enough that I do not pay toils, I do not pay for parking, I have gotten 2 speeding tickets in my life (knock on wood) the first one was $25, the second was $40. I am trying to think of other car expenses which might drive up the cost of car usage for others but so far none apply to my situation.
So I am $6,825 below average.
Then to top it off I bet I am below average in the fact that I drive a car without a loan.
Are you Average? I am not!
October 5th, 2010 at 01:14 pm
October 5th, 2010 at 01:49 pm 1286286583
October 5th, 2010 at 03:48 pm 1286293693
No loan payments, though maybe saving up $1k per year for a replacement car.
What the heck do people spend $9k on? I can't even imagine.
October 5th, 2010 at 06:44 pm 1286304266
October 5th, 2010 at 07:26 pm 1286306819
October 7th, 2010 at 07:39 pm 1286480395
I heard a interesting statistic on the sidewalk yesterday. A friend mentioned that Seattle was getting some 80% of its general fund money from parking tickets. Now that seems a bit high, but if you get parking tickets, that's a car related expense.