Mercedes or Ford, a Car Costs a Lot More Than You Think – WSJ.com:
Here’s the breakdown of a car expenses is about $9,000 per year: Pretty Car Chart illustration
- 39% is depreciation
- 35% is associated with the miles driven: fuel, oil, tires, etc.
That’s 3/4 of the cost of a car, if you are only driving 15,000 per year.
Insurance, finance charges and tag/taxes are about 10% each.
Time is not included here, but it should be if commuting is the reason for all of the 15,000 miles traveled.
A car may cost a lot more than you think, but it also cost a LOT more than WSJ thinks it costs.
TELECOMMUTING
We know that the full cost (savings really) of someone telecommuting is more like $30,000 per year. That’s the company (some $23k savings/year), to the individual and to the community (more roads). That’s before introducing the concept of cost of an employee’s (leisure) time.
* SustainZine blogs on Telecommuting
* SustainZine blogs on Workshift
* Transportation Humor, kinda.