Car costs

[7] Compared to other popular modes of passenger transportation, especially buses or trains, the car has a relatively high cost per passenger-distance traveled.

When used, and for the purpose of assessing the private financial costs, one must consider only the interests paid by the car owner, as some part of the amount the owner pays each month for the finance is already embedded in the depreciations costs.

These taxes serve to maintain the road infrastructure or to compensate the negative externalities caused by the motor vehicles.

These taxes may depend on engine displacement, vehicle weight, miles traveled, CO2 emissions, or the car value.

Insurance serves to provide financial protection against physical damage and/or bodily injury resulting from traffic collisions and against liability that could also arise there-from.

On this item are included car parts that need to be replaced after a certain period of time (for example every two years) or with a specific number of travelled kilometres or miles, like tires or filters.

[citation needed] These costs also refer to spare parts substitution due to malfunctioning.

On this cost item it might be included also the parts bought to improve the performance or the aesthetic of the vehicle.

This cost might be predictable if the user passes the tolled roadway, a defined number of times per month.

Itemized average total costs for the average American driver to own and operate an automobile. [ 1 ] This yearly value, around US$6650, corresponds, according to AAA , to a small sedan. [ 2 ]
Normalized car depreciation for several models obtained from online retailer from US