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They almost perfectly match the TCO numbers from AAA. They show an average of $8,849/year at 15,000 miles/year, which is 59 cents/mile. The cheapest vehicle typ
by mikeash 7y ago
They almost perfectly match the TCO numbers from AAA. They show an average of $8,849/year at 15,000 miles/year, which is 59 cents/mile. The cheapest vehicle type they list is small sedans, which are $6,777/year or 45 cents/mile. https://newsroom.aaa.com/auto/your-driving-costs/ https://newsroom.aaa.com/auto/your-driving-costs/
It seems large because we aren’t used to looking at TCO per mile, and only think about the cost of fuel.
- acchow 7y agoI meant 59 cents/mile is generous for estimating your Uber driving costs. The AAA average includes pickup trucks, which hopefully you wouldn't be using for Uber. Edmunds puts the TCO for 5 years (includes insurance and gas) for a Prius @15,000 miles/year at $30,600. That is 40.8 cents/mile. 59c is 45% higher. (This assumes you start with a brand new Prius; you may optimize better as an Uber driver)