Many of our clients have their own cars, but use the limousines of My Airport Trip regularly when going to and from the New Orleans airport. But how many of them have thought how much actually the cost of owning a car is? The current economic recession has decreased driving; the skyrocketing gas prices don’t help much for this matter. The price of the car itself is just a part of the actual cost – which is a sum of the costs of gas, registration, insurance, oil, parts, repairs, parking fees, and let’s do not forget tolls.
An average household in the country owns 2 vehicles and spends more on transportation than on any other living expenses combined, excluding food. According to the U.S. Bureau of Labor Statistics, an average vehicle costs about $8000 yearly – operation costs included, of which only slightly over $3400 are the actual costs for purchasing the vehicle. As we can see from the nice infographic of GoBankingRates.com, the average cost to operate and own a car is 70 cents a mile, if the car is driven 10 000 miles annually. What are the options an average consumer could use to save some of this money? Leasing a vehicle, carpools, and public transportation, taxi or limousine services are all good alternatives in times of recession. Even when the latest could seem expensive, in the long run they could still be a wiser choice compared to owning an expensive car and maintaining it in a good running condition.
