Bird
Rest in Peace
Some cost you more than others. Our car is averaging about 30 cents a mile while our Suburban is much higher.
Back in 2008 Bird and I had this discussion and at that time our van was costing us $1.10 per mile because of how little we were driving it. The 2nd car is the one that costs the most, it seems. Even if it is sitting, it is costing you money.
Here's part of that conversation:
The reason our van costs so much per mile is that we rarely drive it. One day a week my wife goes to work early, so I have to drive the van. Most other days we ride together. So, the van sits there, with insurance a few hundred bucks a year and plates another fifty or so, plus an annual oil change. So even if I never drive it, it costs us about 4-5 hundred a year. 10m per week X 50 weeks a year = 500 miles per year. Divide that by $500 dollars a year in costs = a dollar a mile. Yikes!
With the location of our current home, and maybe our age, we don't put a lot of miles on vehicles. Besides the Ranger, we've only put an average of 7410 miles a year on our 2002 Crown Vic that we've only had for 43 months, and with an overall average of 20.394 mpg, it's cost us $0.46 or $0.61 a mile depending on whether I count any salvage value.
Many years ago, the police sedans in Dallas were costing us $0.50 a mile to operate and some young officers thought that was way too high. So I had to do some checking into the possibility of leasing cars for the police department. Yep, some small towns actually do that. And at that time, the cheapest lease I could find was $1.50 mile.