The Real Cost of Driving - ABC 33/40 - Birmingham News, Weather, Sports

The Real Cost of Driving

Posted: Updated:

Gas prices keep going up. They're around 3.45 a gallon for regular unleaded right now in Tulsa. But if that isn't painful enough, AAA found that fuel isn't the only cost of owning a car that's on the way up. Higher gas prices might be the most obvious cost of owning and operating a car, but they're not the only numbers creeping upward.

AAA study

AAA's annual study of driving costs found that on average, getting where you need to go costs 3.4% more than last year. That's based on 15,000 miles of driving the average standard sedan.  58.5 cents per mile, for a total just under $8800 dollars a year.

Break it down

The biggest increases:

  • The cost of tires, up more than 15%.
  • Fuel costs up 8.6%.   
  • And depreciation, the loss of your car's value that starts as soon as you drive it off the dealer's lot, up nearly 5%, a cost many consumers don't think about because it doesn't have a price tag. AAA's John Nielsen says, "That's the greatest cost. It's something where you can shop for cars that have low depreciation and save yourself considerably."

Here's some good news

There is a some encouraging news.  The cost of insurance dropped on average for good drivers, as did maintenance.  That's especially good news, since regular maintenance can prevent pricey repairs down the road. Maintenance can also keep your car more efficient, maybe even saving you a little gas.

  • Latest StoriesMore>>

  • ABI investigate shooting

    ABI investigate shooting

    Sunday, April 20 2014 9:11 PM EDT2014-04-21 01:11:58 GMT
    Officers investigate a shooting in the parking lot of Papa Sias Sports Grille. Helena and Pelham police were on the scene around 8:30 Saturday. More >>
    Officers investigate a shooting in the parking lot of Papa Sias Sports Grille. Helena and Pelham police were on the scene around 8:30 Saturday. More >>
  • Fairfield police: burned body dumped at house, crime committed elsewhere

    Fairfield police: burned body dumped at house, crime committed elsewhere

    Sunday, April 20 2014 8:02 PM EDT2014-04-21 00:02:53 GMT
    The burned body found in a the backyard of a Fairfield house has not been identified. But police say it was a woman. They also believe there is another crime scene.More >>
    The burned body found in a the backyard of a Fairfield house has not been identified. But police say it was a woman. They also believe there is another crime scene.More >>
  • Local mom ready for Boston Marathon

    Local mom ready for Boston Marathon

    Sunday, April 20 2014 7:57 PM EDT2014-04-20 23:57:02 GMT
    Birmingham - Runners are gearing up for the Boston Marathon Monday. Despite last year's bombings, there was a surge in entries for this year's race. ABC 33/40 caught up with a mother of four leaving Sunday to fulfill her dream. The images we won't forget. "It was just complete shock and just sadness that someone would use that platform to be destructive." Lisa Booher will be running in this year's Boston Marathon hoping to carry on a message that so many others also want to share. Booher says...More >>
    Birmingham - Runners are gearing up for the Boston Marathon Monday. Despite last year's bombings, there was a surge in entries for this year's race. ABC 33/40 caught up with a mother of four leaving Sunday to fulfill her dream. The images we won't forget. "It was just complete shock and just sadness that someone would use that platform to be destructive." Lisa Booher will be running in this year's Boston Marathon hoping to carry on a message that so many others also want to share. Booher says...More >>
  • Police believe former student is behind threat at UNA

    Police believe former student is behind threat at UNA

    Sunday, April 20 2014 7:56 PM EDT2014-04-20 23:56:20 GMT
    University of North Alabama police say that 22-year-old Brian Mitchell of Madison, Alabama surrendered to police on Friday. Police say Mitchell is behind a message posted on social media site, Yik Yak,More >>
    University of North Alabama police say that 22-year-old from of Madison, Alabama surrendered to police on Friday.More >>
  • Civil War movie "Union" filming in Montevallo

    Civil War movie "Union" filming in Montevallo

    Sunday, April 20 2014 7:54 PM EDT2014-04-20 23:54:35 GMT
    An independent film crew is in Montevallo this weekend to shoot scenes for an upcoming feature.The movie is titled "Union" and is about a "female" confederate soldier in the civil war.Whitney Hamilton wrote the screenplay. She said she wrote a play about a decade ago that told the story of Joan of Arc, and wanted to write another script about some female combatants from the United States.She researched the subject and learned more than 400 women disguised themselves as men during the Civil Wa...More >>
    An independent film crew is in Montevallo this weekend to shoot scenes for an upcoming feature.The movie is titled "Union" and is about a "female" confederate soldier in the civil war.Whitney Hamilton wrote the screenplay. She said she wrote a play about a decade ago that told the story of Joan of Arc, and wanted to write another script about some female combatants from the United States.She researched the subject and learned more than 400 women disguised themselves as men during the Civil Wa...More >>
  • UNA social media threat suspect turns himself in

    UNA social media threat suspect turns himself in

    Sunday, April 20 2014 7:54 PM EDT2014-04-20 23:54:13 GMT
    One student turns himself into the University of North Alabama police after a threat on the social media app “yik yak”. Police say the online threat was aimed at the University.Brian Mitchell, 22, turned himself in and now faces terrorist threat charges. Police say Mitchell posted that he was going to "shoot up UNA". Police worked with "yik yak" to track Mitchell down, that's when he admitted that he posted the threat and stated he would turn himself in. Mitchell will now have to face the uni...More >>
    One student turns himself into the University of North Alabama police after a threat on the social media app “yik yak”. Police say the online threat was aimed at the University.Brian Mitchell, 22, turned himself in and now faces terrorist threat charges. Police say Mitchell posted that he was going to "shoot up UNA". Police worked with "yik yak" to track Mitchell down, that's when he admitted that he posted the threat and stated he would turn himself in. Mitchell will now have to face the uni...More >>
  • Police shoot and wound a man outside a Helena restaurant

    Police shoot and wound a man outside a Helena restaurant

    Sunday, April 20 2014 7:53 PM EDT2014-04-20 23:53:20 GMT
    Helena police shot and wounded a man last night in the parking lot of Papa Saia's Sports Grille. Officers were called to the restaurant after receiving reports of a man brandishing a gun. Helena Detective Sgt. Chris Rollan says no one in the restaurant was in any danger. The incident apparently began as a domestic dispute and escalated when officers arrived. Pelham police also responded to assist. The suspect was taken to the hospital for treatment. The investigation has been turned over to t...More >>
    Helena police shot and wounded a man last night in the parking lot of Papa Saia's Sports Grille. Officers were called to the restaurant after receiving reports of a man brandishing a gun. Helena Detective Sgt. Chris Rollan says no one in the restaurant was in any danger. The incident apparently began as a domestic dispute and escalated when officers arrived. Pelham police also responded to assist. The suspect was taken to the hospital for treatment. The investigation has been turned over to t...More >>
  • Burned Body Found In Fairfield

    Burned Body Found In Fairfield

    Sunday, April 20 2014 7:52 PM EDT2014-04-20 23:52:58 GMT
    Police are conducting a death investigation after a burned body was found in the 500 block of 40th St. in Fairfield.Witnesses say the body was found in the backyard of a vacant home. There was a burned area in one spot of the grass behind the house and the back door was open. Police have yet to identify the cause of death. The investigation is ongoing.More >>
    Police are conducting a death investigation after a burned body was found in the 500 block of 40th St. in Fairfield.Witnesses say the body was found in the backyard of a vacant home. There was a burned area in one spot of the grass behind the house and the back door was open. Police have yet to identify the cause of death. The investigation is ongoing.More >>