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Everything You Need to Know About the Cost of Owning a Car

Clean Fleet Report

We’ve put together a comprehensive guide to help you understand all the costs associated with owning a vehicle. Maintenance Costs Associated With Car Ownership. The maintenance costs for your vehicle depend on numerous factors. An EV, like this Mazda MX-30, could save you money on maintenance.

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UMTRI study finds total cost of ownership of diesels in US often much less than gasoline counterparts

Green Car Congress

Though there are some exceptions to these positive results for some of the diesel versions of vehicles from a total-cost-of-ownership perspective, the overall direction of the results supports the idea that diesel vehicles are competitive within the U.S. Belzowski 2015. Click to enlarge. Average diesel take rates. Model year.

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UMTRI study finds US diesel vehicles generally have lower total cost of ownership than gasoline vehicles

Green Car Congress

Diesel vehicles generally saved owners between $2,000 to $6,000 in total ownership costs during a three to five year period when compared to similar gasoline vehicles, according to data compiled by the University of Michigan Transportation Research Institute (UMTRI). —“Total Cost of Ownership”.

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UMTRI study finds diesel vehicles save owners thousands in total ownership costs compared to gasoline vehicles

Green Car Congress

Drivers of diesel vehicles can save thousands of dollars in total ownership costs compared to similar gasoline vehicles, according to a University of Michigan Transportation Research Institute (UMTRI) study. Despite the advantages, Belzowski and Green say that diesels face continuing challenges to gain a larger foothold in the US.

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CMU study concludes diesel and hybrid vehicles can retain more value than PFI gasoline vehicles despite higher new car price

Green Car Congress

port fuel injected (PFI) gasoline—during periods of higher fuel costs. For trucks, they also found that the diesel versions retained a greater value than the gasoline versions. It’s been generally known that diesel vehicles typically post lower operating costs because of their increased fuel economy.

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Indianapolis plans to add 425 PHEVs and BEVs to municipal fleet by 2016

Green Car Congress

The new Indy fleet vehicles will include 100% electric models, such as the Nissan LEAF, as well as plug-in hybrid models like the Chevrolet Volt and the Ford Fusion Energi, which offer extended range. Freedom Fleet vehicles will cost approximately $7,400 per year over that period; saving taxpayers approximately $1,600 per year per vehicle.

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Tesla Model Y joins a new Police Force, and incentives made it an affordable purchase

Teslarati

While the environmentally-conscious vehicles will save taxpayer dollars in the long run thanks to EV credits, gas savings, and low maintenance costs, some have voiced concerns over the cost of buying a Tesla. Additionally, Ipswich PD said it will save up to $13,o00 in fuel and maintenance costs over a ten-year period.

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