How much does it cost to drive a gasoline powered car a
distance of one mile? The price varies
by a number of different factors, including the price of gasoline, the cost of
an oil change, the cost of an emissions test, and the cost of a minor tune-up. The fuel efficiency of the engine also figures
in significantly. A typical small sedan
might average about 25 miles per gallon.
Gasoline fluctuates between $3.50 a gallon in the winter and $4.50 a
gallon in the summer, so I’ll pick an average price of $4.00 a gallon. I can get a smog check every two years for
$60, an oil change every 5,000 miles for $80, and a minor tune-up every 15,000
miles for $150. (There are other service
items too, but these will make my point.)
The cost to drive this small sedan 30,000 miles over three years is:
expense
|
times
|
cost
|
Gasoline
|
1200
|
$4,800
|
smog check
|
1.5
|
$90
|
oil change
|
6
|
$480
|
minor
tune-up
|
2
|
$300
|
That amounts to $0.19 a mile. (A SUV that gets 16 MPG costs $0.28 a mile.)
The cost to drive an electric car is basically a function of
the cost of electricity and the range per kilowatt-hour. Assuming electricity can be bought for $0.145
per kWh, and a typical range of 4 miles per kWh (according to the EPA), then
the cost per mile is (simply) $0.036. My
car is fast approaching 30,000 miles on the odometer, which means that I have
saved approximately $4,600 over the cost of driving a small gasoline powered
sedan. Of course, I squandered my
savings on additional solar panels, which dropped my electric bill to about $85
a year to drive 10,000 miles, saving me another $825 over the same three years. (And, the solar panels should remain in
service for 20+ years.) So, when
figuring the total cost of a gasoline powered car, you need to think beyond the
sticker price and look at the additional costs of ownership. Even factoring in a new battery after 10
years of driving I still come out thousands of dollars ahead.