It’s that time a year again to report on the annual costs. I was a little behind this year so “2014” is from June 2, 2013 to June 30, 2014. In October of 2013 we acquired a 2003 Subaru Outback so I’ve started to track that as well.
So far it’s looking like an average cost around $0.50/mile for both cars. Keep in mind some costs like Insurance and Depreciation and DMV fees are a factor of time as much as they are miles–but the benefit we get out of the cars is in miles so I think that’s the best way to look at the cost.