Home Mail MemberMap Chat (0) Wallpapers
Go Back   ChiefsPlanet > The Lounge

Reply
 
Thread Tools Display Modes
Old 04-18-2013, 11:43 AM  
Deberg_1990 Deberg_1990 is offline
MVP
 
Deberg_1990's Avatar
 
Join Date: Jan 2004
Location: San Antonio Tx.
Casino cash: $178398
AAA: The average cost of your car per year: $9100

http://www.usatoday.com/story/news/n...costs/2070397/


The average owner of a sedan has to shell out nearly $10,000 a year to own and operate that car, according to auto club AAA.

A new AAA reports shows, on average, the cost of driving 15,000 miles a year rose 1.17 cents to 60.8 cents per mile, or $9,122 per year. Overall, that's a roughly 2% increase on the cost of operating a car last year.

Auto club AAA studies five cost categories – maintenance, fuel, tires, insurance and depreciation – for its annual "Your Driving Costs" study.

The biggest percentage increase this year was in maintenance costs, which grew by 11.26% to 4.97 cents per mile, on average, for sedan owners. Average costs in all categories are lower for smaller vehicles and higher for bigger ones.

The maintenance cost estimates are based on the cost to maintain a vehicle and perform needed repairs for five years and 75,000 miles, including labor expenses, replacement part prices and the purchase of an extended warranty.

"As a vehicle gets older you tend to encounter more significant repair costs," says Michael Calkins, AAA's manager of technical services.

Since last year's study, there were substantial increases in labor and parts costs for some models, and a significant rise in the price of extended warranties. "People are keeping cars longer," Calkins says. "Extended warranties are seeing a bit of an increase in claims. That's where the costs have gone up."

The second biggest increase: Insurance costs, which rose 2.76%, or $28, to an annual average of $1,029. AAA's insurance cost estimates are based on a low-risk driver with a clean driving record.

Fuel costs rose 1.93% to 14.45 cents per mile for the average sedan owner. The actual average cost of regular gas went up 3.84% to $3.49 per gallon; but several of the vehicles in the AAA study had small improvements in fuel efficiency, which partially offset the fuel cost increase.

Depreciation costs, which had dropped in last year's study, ticked upward slightly, by .78% to $3,571 a year. That might be because, as new vehicle sales recover, more used cars are available, which has softened the resale value of clean older models, Calkins says.

"The length of time people keep cars has been going up for the past several years, since the real estate crash," he says. "The average age of the vehicle on the road now is 11.1 years. It's not just for financial reasons that people are keeping cars long. The quality of the cars is also improving."

Tire costs did not change from last year, remaining at about one cent per mile, on average, for sedan owners.

AAA has published "Your Driving Costs" since 1950. That year, gas cost 27 cents a gallon, and it cost about 9 cents a mile to drive 10,000 miles a year


AAA report:


http://newsroom.aaa.com/wp-content/u...gCosts2013.pdf
Posts: 49,094
Deberg_1990 has an IQ even higher than Frankie's.Deberg_1990 has an IQ even higher than Frankie's.Deberg_1990 has an IQ even higher than Frankie's.Deberg_1990 has an IQ even higher than Frankie's.Deberg_1990 has an IQ even higher than Frankie's.Deberg_1990 has an IQ even higher than Frankie's.Deberg_1990 has an IQ even higher than Frankie's.Deberg_1990 has an IQ even higher than Frankie's.Deberg_1990 has an IQ even higher than Frankie's.Deberg_1990 has an IQ even higher than Frankie's.Deberg_1990 has an IQ even higher than Frankie's.
  Reply With Quote
Old 04-20-2013, 10:30 PM   #76
Bacon Cheeseburger Bacon Cheeseburger is offline
With no ****ing ketchup
 

Join Date: Sep 2005
Casino cash: $407247
As I mentioned earlier, we paid $10,200 for a 5 yr old Camry that originally stickered for around $25k. So that's what, around 40%? And it's a Toyota that generally holds better resale value than other cars. While I think 30% for a 4 yr old car is pushing it, it's not that far off. CarMax isn't exactly the best place to go looking for good deals either.
Posts: 52,164
Bacon Cheeseburger 's phone was tapped by Scott Pioli.Bacon Cheeseburger 's phone was tapped by Scott Pioli.Bacon Cheeseburger 's phone was tapped by Scott Pioli.Bacon Cheeseburger 's phone was tapped by Scott Pioli.Bacon Cheeseburger 's phone was tapped by Scott Pioli.Bacon Cheeseburger 's phone was tapped by Scott Pioli.Bacon Cheeseburger 's phone was tapped by Scott Pioli.Bacon Cheeseburger 's phone was tapped by Scott Pioli.Bacon Cheeseburger 's phone was tapped by Scott Pioli.Bacon Cheeseburger 's phone was tapped by Scott Pioli.Bacon Cheeseburger 's phone was tapped by Scott Pioli.
  Reply With Quote
Old 04-20-2013, 10:33 PM   #77
cdcox cdcox is offline
www.nfl-forecast.com
 
cdcox's Avatar
 

Join Date: Sep 2000
Casino cash: $11389089
My expenses:

Depreciation: $2000
Insurance: $750
Gas: $1100
Tires and Maintenance: $500

I'm under $4500.
Posts: 31,236
cdcox has parlayed a career as a truck driver into debt free trailer and jon boat ownership.cdcox has parlayed a career as a truck driver into debt free trailer and jon boat ownership.cdcox has parlayed a career as a truck driver into debt free trailer and jon boat ownership.cdcox has parlayed a career as a truck driver into debt free trailer and jon boat ownership.cdcox has parlayed a career as a truck driver into debt free trailer and jon boat ownership.cdcox has parlayed a career as a truck driver into debt free trailer and jon boat ownership.cdcox has parlayed a career as a truck driver into debt free trailer and jon boat ownership.cdcox has parlayed a career as a truck driver into debt free trailer and jon boat ownership.cdcox has parlayed a career as a truck driver into debt free trailer and jon boat ownership.cdcox has parlayed a career as a truck driver into debt free trailer and jon boat ownership.cdcox has parlayed a career as a truck driver into debt free trailer and jon boat ownership.
  Reply With Quote
Old 04-20-2013, 10:47 PM   #78
Bacon Cheeseburger Bacon Cheeseburger is offline
With no ****ing ketchup
 

Join Date: Sep 2005
Casino cash: $407247
So exactly how are you supposed to calculate depreciation? When I figured up my cost per year I just spread the cost of the vehicle over the time I owned it, but that still doesn't take into account what I'd get for the vehicle when I sold it. But I don't see how you could accurately calculate depreciation without knowing what you'd get for it either.
Posts: 52,164
Bacon Cheeseburger 's phone was tapped by Scott Pioli.Bacon Cheeseburger 's phone was tapped by Scott Pioli.Bacon Cheeseburger 's phone was tapped by Scott Pioli.Bacon Cheeseburger 's phone was tapped by Scott Pioli.Bacon Cheeseburger 's phone was tapped by Scott Pioli.Bacon Cheeseburger 's phone was tapped by Scott Pioli.Bacon Cheeseburger 's phone was tapped by Scott Pioli.Bacon Cheeseburger 's phone was tapped by Scott Pioli.Bacon Cheeseburger 's phone was tapped by Scott Pioli.Bacon Cheeseburger 's phone was tapped by Scott Pioli.Bacon Cheeseburger 's phone was tapped by Scott Pioli.
  Reply With Quote
Old 04-20-2013, 10:49 PM   #79
cdcox cdcox is offline
www.nfl-forecast.com
 
cdcox's Avatar
 

Join Date: Sep 2000
Casino cash: $11389089
Depreciation on my last vehicle was around $600 per year. If you buy new and drive it for a long time the depreciation doesn't hurt you that badly.
Posts: 31,236
cdcox has parlayed a career as a truck driver into debt free trailer and jon boat ownership.cdcox has parlayed a career as a truck driver into debt free trailer and jon boat ownership.cdcox has parlayed a career as a truck driver into debt free trailer and jon boat ownership.cdcox has parlayed a career as a truck driver into debt free trailer and jon boat ownership.cdcox has parlayed a career as a truck driver into debt free trailer and jon boat ownership.cdcox has parlayed a career as a truck driver into debt free trailer and jon boat ownership.cdcox has parlayed a career as a truck driver into debt free trailer and jon boat ownership.cdcox has parlayed a career as a truck driver into debt free trailer and jon boat ownership.cdcox has parlayed a career as a truck driver into debt free trailer and jon boat ownership.cdcox has parlayed a career as a truck driver into debt free trailer and jon boat ownership.cdcox has parlayed a career as a truck driver into debt free trailer and jon boat ownership.
  Reply With Quote
Old 04-20-2013, 10:52 PM   #80
Bacon Cheeseburger Bacon Cheeseburger is offline
With no ****ing ketchup
 

Join Date: Sep 2005
Casino cash: $407247
Quote:
Originally Posted by cdcox View Post
Depreciation on my last vehicle was around $600 per year. If you buy new and drive it for a long time the depreciation doesn't hurt you that badly.
And if you buy a few years old and drive it for a long time, it hurts you even less badly. The numbers R8ers posted may be whack but the strategy isn't.
Posts: 52,164
Bacon Cheeseburger 's phone was tapped by Scott Pioli.Bacon Cheeseburger 's phone was tapped by Scott Pioli.Bacon Cheeseburger 's phone was tapped by Scott Pioli.Bacon Cheeseburger 's phone was tapped by Scott Pioli.Bacon Cheeseburger 's phone was tapped by Scott Pioli.Bacon Cheeseburger 's phone was tapped by Scott Pioli.Bacon Cheeseburger 's phone was tapped by Scott Pioli.Bacon Cheeseburger 's phone was tapped by Scott Pioli.Bacon Cheeseburger 's phone was tapped by Scott Pioli.Bacon Cheeseburger 's phone was tapped by Scott Pioli.Bacon Cheeseburger 's phone was tapped by Scott Pioli.
  Reply With Quote
Old 04-20-2013, 10:53 PM   #81
cdcox cdcox is offline
www.nfl-forecast.com
 
cdcox's Avatar
 

Join Date: Sep 2000
Casino cash: $11389089
Quote:
Originally Posted by Bugeater View Post
So exactly how are you supposed to calculate depreciation? When I figured up my cost per year I just spread the cost of the vehicle over the time I owned it, but that still doesn't take into account what I'd get for the vehicle when I sold it. But I don't see how you could accurately calculate depreciation without knowing what you'd get for it either.
I paid around $20K for the car I bought last fall and will drive it for at least 10 years. If it has zero value at the end of that time period, it works out to $2000 per year.

For my last vehicle, I bought a brand new stripped down F-150 for under $11K in 1994. I drove it for 18 years and sold it for $500. That works out to about $600 of depreciation per year.
Posts: 31,236
cdcox has parlayed a career as a truck driver into debt free trailer and jon boat ownership.cdcox has parlayed a career as a truck driver into debt free trailer and jon boat ownership.cdcox has parlayed a career as a truck driver into debt free trailer and jon boat ownership.cdcox has parlayed a career as a truck driver into debt free trailer and jon boat ownership.cdcox has parlayed a career as a truck driver into debt free trailer and jon boat ownership.cdcox has parlayed a career as a truck driver into debt free trailer and jon boat ownership.cdcox has parlayed a career as a truck driver into debt free trailer and jon boat ownership.cdcox has parlayed a career as a truck driver into debt free trailer and jon boat ownership.cdcox has parlayed a career as a truck driver into debt free trailer and jon boat ownership.cdcox has parlayed a career as a truck driver into debt free trailer and jon boat ownership.cdcox has parlayed a career as a truck driver into debt free trailer and jon boat ownership.
  Reply With Quote
Old 04-20-2013, 10:55 PM   #82
Bacon Cheeseburger Bacon Cheeseburger is offline
With no ****ing ketchup
 

Join Date: Sep 2005
Casino cash: $407247
I couldn't imagine driving the same vehicle for 18 yrs. That's incredible.
Posts: 52,164
Bacon Cheeseburger 's phone was tapped by Scott Pioli.Bacon Cheeseburger 's phone was tapped by Scott Pioli.Bacon Cheeseburger 's phone was tapped by Scott Pioli.Bacon Cheeseburger 's phone was tapped by Scott Pioli.Bacon Cheeseburger 's phone was tapped by Scott Pioli.Bacon Cheeseburger 's phone was tapped by Scott Pioli.Bacon Cheeseburger 's phone was tapped by Scott Pioli.Bacon Cheeseburger 's phone was tapped by Scott Pioli.Bacon Cheeseburger 's phone was tapped by Scott Pioli.Bacon Cheeseburger 's phone was tapped by Scott Pioli.Bacon Cheeseburger 's phone was tapped by Scott Pioli.
  Reply With Quote
Old 04-21-2013, 07:13 AM   #83
3rd&48ers 3rd&48ers is offline
Molôn Labé
 
3rd&48ers's Avatar
 

Join Date: Sep 2001
Location: North Carolina
Casino cash: $954028
Quote:
Originally Posted by cdcox View Post
Where can I buy a 4 year old car in good condition for 30% of it's original sticker? Or maybe Dave Ramsey is full of shit.
You probably can't... Especially when you see cars with 200k on Craigslist for over half of their original cost.

You can think of it like this though

New 30k CAR

Payments 400 per
Insurance Bump say 50-100 per month more
Depreciation - at least 100 bucks a week for the first 4 years


That new car cost is around 900 bucks a month not including maintenance
Only way to determine the actual depreciation is by how long you drive it after the payment book is empty. Trade it before it's paid off at fair market value and you just took a high hard one in
Posts: 18,725
3rd&48ers has an IQ even higher than Frankie's.3rd&48ers has an IQ even higher than Frankie's.3rd&48ers has an IQ even higher than Frankie's.3rd&48ers has an IQ even higher than Frankie's.3rd&48ers has an IQ even higher than Frankie's.3rd&48ers has an IQ even higher than Frankie's.3rd&48ers has an IQ even higher than Frankie's.3rd&48ers has an IQ even higher than Frankie's.3rd&48ers has an IQ even higher than Frankie's.3rd&48ers has an IQ even higher than Frankie's.3rd&48ers has an IQ even higher than Frankie's.
  Reply With Quote
Old 04-21-2013, 07:22 AM   #84
Bacon Cheeseburger Bacon Cheeseburger is offline
With no ****ing ketchup
 

Join Date: Sep 2005
Casino cash: $407247
If you're talking trade-in values then I'd believe that 70% over 4 yrs.
Posts: 52,164
Bacon Cheeseburger 's phone was tapped by Scott Pioli.Bacon Cheeseburger 's phone was tapped by Scott Pioli.Bacon Cheeseburger 's phone was tapped by Scott Pioli.Bacon Cheeseburger 's phone was tapped by Scott Pioli.Bacon Cheeseburger 's phone was tapped by Scott Pioli.Bacon Cheeseburger 's phone was tapped by Scott Pioli.Bacon Cheeseburger 's phone was tapped by Scott Pioli.Bacon Cheeseburger 's phone was tapped by Scott Pioli.Bacon Cheeseburger 's phone was tapped by Scott Pioli.Bacon Cheeseburger 's phone was tapped by Scott Pioli.Bacon Cheeseburger 's phone was tapped by Scott Pioli.
  Reply With Quote
Old 04-21-2013, 07:27 AM   #85
3rd&48ers 3rd&48ers is offline
Molôn Labé
 
3rd&48ers's Avatar
 

Join Date: Sep 2001
Location: North Carolina
Casino cash: $954028
Quote:
Originally Posted by Bugeater View Post
If you're talking trade-in values then I'd believe that 70% over 4 yrs.

Yup.................. Private sale is always a different beast... Suckers can be found everyday.

Something is worth what someone is willing to pay for it but I be damned if I will buy a 2008 pickup on CL with 180k for 50% of the original sticker...

Oh they like to say "Highway Miles" **** that... People get ripped everyday
Posts: 18,725
3rd&48ers has an IQ even higher than Frankie's.3rd&48ers has an IQ even higher than Frankie's.3rd&48ers has an IQ even higher than Frankie's.3rd&48ers has an IQ even higher than Frankie's.3rd&48ers has an IQ even higher than Frankie's.3rd&48ers has an IQ even higher than Frankie's.3rd&48ers has an IQ even higher than Frankie's.3rd&48ers has an IQ even higher than Frankie's.3rd&48ers has an IQ even higher than Frankie's.3rd&48ers has an IQ even higher than Frankie's.3rd&48ers has an IQ even higher than Frankie's.
  Reply With Quote
Old 04-21-2013, 07:30 AM   #86
3rd&48ers 3rd&48ers is offline
Molôn Labé
 
3rd&48ers's Avatar
 

Join Date: Sep 2001
Location: North Carolina
Casino cash: $954028
Best deal I have gotten is the 1994 Mazda I have

I bought it with 148k on it for 1000 dollars 6 or 7 years ago, I drive it to work and to haul mulch and stuff... It has almost 204k on it now and still driving it to work and back round trip of 60 miles most days.
Posts: 18,725
3rd&48ers has an IQ even higher than Frankie's.3rd&48ers has an IQ even higher than Frankie's.3rd&48ers has an IQ even higher than Frankie's.3rd&48ers has an IQ even higher than Frankie's.3rd&48ers has an IQ even higher than Frankie's.3rd&48ers has an IQ even higher than Frankie's.3rd&48ers has an IQ even higher than Frankie's.3rd&48ers has an IQ even higher than Frankie's.3rd&48ers has an IQ even higher than Frankie's.3rd&48ers has an IQ even higher than Frankie's.3rd&48ers has an IQ even higher than Frankie's.
  Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On

Forum Jump


All times are GMT -6. The time now is 10:58 AM.


Powered by vBulletin® Version 3.8.0
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.