It is not the miles per gallon divided by the price of gasoline. There are other factors when it come to
determining the cost of driving your family car per mile.
- The cost of gas divided by the miles per gallon that is gotten by the family car.
- The cost of car needs to be divided by miles expected to be driven over the ownership of the car.
- Divide the cost of the cost after interest of loan for the car by the number of months of ownership.
- Divided that number by the number of average miles driven in month.
- The monthly cost of insurance divided by the average number of miles driver per month.
- Now divide the maintenance cost of the family car by average number of miles driven per month.
- Divide the cost of car wash, parking, and any other costs by the average number of miles driven per month.
Finally, add of all the totals from the above. Then you have the cost it takes to drive your family car per mile.
Just so you will know it cost us 69 cents per miles to drive our family car down the road. Now it only costs me $7.63 to ride my bike per month. I mean the type of bike you peddle.
