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Joshua Kennon
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Daily Archives: April 16, 2011

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Cost of Owning a Car Thumbnail

The Cost of Owning a Car: The Average American Spends 58.5¢ Per Mile Driven, or $8,776 Per Year Per Car

Economics, Saving MoneyBy Joshua KennonApril 16, 20116 Comments

[mainbodyad]It always struck me as particularly stupid when people complained about the cost of gasoline, even when I was a teenager with very little money just learning about how investing worked. It seemed perfectly obvious to me that if an increase of $1 per gallon cut into your standard of living, you were living so…

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