How do you calculate your gas cost per mile, given your miles per gallon and cost per gallon. What would be the arithmatic formula?
I am trying to decide wether to fly or drive a 937 miles trip...
How do you calculate your gas cost per mile, given your miles per gallon and cost per gallon. What would be the arithmatic formula?
I am trying to decide wether to fly or drive a 937 miles trip...
In article , snipped-for-privacy@aol.com by DL152279546231 dropped his wrench, scratched his head and mumbled,
(miles/gallon)x($/gallon)=($/mile)
($/mile)x937miles= $ for the trip
Divide 937 by MPG to get total fuel used
Multiply total fuel used by fuel cost per gallon to get total cost for trip
Divide total cost for trip by 937 to get cost per mile
example:
937 miles / 28mpg = 33.4 Gallons 33.4 x £3.40 = £113.56 £113.56 / 937 = £0.12 per mileHope this helps
Steve.
Cost Per Mile is (Cost Per Gallon) / (Miles Per Gallon)
Example:
20 miles per gallon $2.00 per gallonCost per mile is $2/20 or $0.10 per mile (10 cents per mile)
However the actual cost of operating a car is more.
Tires = at least $400 per 40,000 miles or 1 cent per mile. Routine maintenance = at least $100 per 5,000 miles or 2 cents per mile. (includes oil change & filter, rotate tires, and scheduled maintenance)
Most other expenses are fixed and not mileage dependant.
My variable costs/mile for my 1995 Volvo 850 Turbo after 127000 miles is about 15 cents. This includes gasoline, tires, tune ups, maintenance and repairs.
Total cost per mile is about 40 cents (includes the above plus insurance and depreciation).
For whatever that was worth ......
Thanks ALL
My wife says I shouldn't take the Volvo because the air doesn't work and it is hot in FL in April. My Mom said, 'YOU ARE NOT TAKING YOUR VOLVO!!!, I will pay to rent you a car.' She is concerned about the reliability (or rather with mine the lack of reliability) on such a long trip....
Be looking for some posts relating to my A/C controls (the round knob on
240's.)Although, my Mom's offer sounds good she doesn't need to spend the money
WRONG!
($/gallon)/(miles/gallon)=($/mile)
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