Costs per mile

Total miles 11,700

Gas cost per mile: $0.06
Maintenance: $0.00 (first two years are free)
Enjoyment of driving a Prius: Priceless

Haven't tracked insurance or payments.

 

Your numbers certainly reinforce the fact that fixed costs (payment)are always higher. Some other fixed costs to include are license, registration,tax and title. When I managed corporate fleets, fixed/operating cents per mile were a bit lower, but as a percentage to total cost, your numbers fall right in line.

 

Also, the Insurance, Taxes, and Car Payment per mile costs totally depend on the number of miles you drive. If you only drive 100 miles a month, those costs are going to look pretty high.

I am getting between 5 and 6 cents per mile on gas and I have free maintenance the first 2 years.

Erik

 

You shouldn't count car payments like that (unless you are leasing). You should factor depreciation instead.

First, take the out-the-door price of your vehicle. Add interest paid-to-date. This is your paid-in amount.

Go to KBB and calculate the resale value of your car.

Take the paid-in amount and subtract the resale value, this is your depreciation. Take depreciation and divide by miles and this is your depreciation cost per mile.