The Common Costs of Operating a Vehicle 2015 PDF

ANALYSIS The Common Costs of Operating a Vehicle Name______________________ Per._____ Date:_____________ Annual Average Operating Costs of a Car Driven 15,000 Miles a Year Doesn’t Included Depreciation Common Car Expenses Average Annual Cost Car Insurance $1,115 Maintenance $766 License/Re...

ANALYSIS The Common Costs of Operating a Vehicle Name______________________ Per._____ Date:_____________ Annual Average Operating Costs of a Car Driven 15,000 Miles a Year Doesn’t Included Depreciation Common Car Expenses Average Annual Cost Car Insurance $1,115 Maintenance $766 License/Registration/Taxes $665 Tires $147 Fuel $1,681 TOTAL COSTS $4374 Source: AAA’s Calculation for 2015 Directions: Using the chart above, answer the following questions. 1) What does the chart above show? 2) On average, how much does car insurance cost per year? 3) How much are the average costs for maintenance and tires each year? 4) Which is the most expensive annual cost to operate a car? 5) How much does license, registration, and taxes cost per year for a car? 6) On average, what is the total cost to operate a car annually? Analysis 7) What cost is not included in the chart above? Buying a New Car vs a Used Car 8) What would be the average monthly cost of operating a vehicle? ©Career and Life Skills Lessons, All Rights Reserved. 4|P age