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Average annual cost of ownership: $9,476 A medium-sized hybrid sedan has an annual cost of ownership of just $9,476, according to data from AAA, which works out to be a cost-per-mile of just $0.63.
Electric vs. Gas Cars: Which Is More Cost Effective in the Long Run? Cameron Diiorio. December 16, 2023 at 8:05 AM ... “The average cost to operate an EV in the United States is $485 per year, ...
Why is the average cost of car ownership $12,000? In its 2024 Your Driving Costs study , researchers at AAA found the average new car in America sells for $38,883. But the sticker price is not the ...
Chip seal products can be installed over gravel roads to eliminate the cost of grading, road roughness, dust, mud, and the cost of adding gravel lost from grading. Adding chip seal over gravel is about 25% of the price of resurfacing with asphalt, $170,000 for a 4-mile project done in Minnesota [6] compared to $760,000 had it been redone with ...
The IRS considers that the average US automobile has a total cost of US$0.58/mile, around €0.32/km. [11] According to the American Automobile Association, the average driver of the average sedan spends totally approximately US$8,700 per year, or US$720 per month, to own and operate their vehicle.
The following table compares official EPA ratings for fuel economy (in miles per gallon gasoline equivalent, mpg-e or MPGe, for plug-in electric vehicles) for series production all-electric passenger vehicles rated by the EPA for model years 2015, [1] 2016, [2] 2017, [3] and 2023 [4] versus the model year 2016 vehicles that were rated the most efficient by the EPA with plug-in hybrid ...
Gas vs. Electric Cars: ... sizes and shapes these cars come in, from 160 miles in a Nissan Leaf Plus to 410 ... to 10 years and more miles. The issue of replacement cost mainly applies to older ...
The following table compares EPA's estimated out-of-pocket fuel costs and fuel economy ratings of serial production plug-in hybrid electric vehicles rated by EPA as of January 2017 expressed in miles per gallon gasoline equivalent (mpg-e), [1] [2] versus the most fuel efficient gasoline-electric hybrid car, the 2016 Toyota Prius Eco (fourth generation), rated 56 mpg ‑US (4.2 L/100 km; 67 mpg ...