The cost of living is constantly increasing. Of all the “things” we care for, purchase or maintain in our daily lives, cars are just about the most costly.
In 2012, vehicle operating costs rose 2.2% from 2011. All things considered, this increase was “mild” when considering that for 2011, over 2010, the jump in operating costs was of 10.6%. In 2010, the growth numbered at 6.0%.
The main element in the massive hike in 2011 was the 20.0% increase in fuel costs.
In 2012, the largest contributing factors to the 2.2% rise were parking fees followed by parts, accessories and supplies. Insurance premiums and vehicle registration fees were relatively unchanged from 2011.
In 2012, vehicle operating costs rose 2.2% from 2011. All things considered, this increase was “mild” when considering that for 2011, over 2010, the jump in operating costs was of 10.6%. In 2010, the growth numbered at 6.0%.
The main element in the massive hike in 2011 was the 20.0% increase in fuel costs.
In 2012, the largest contributing factors to the 2.2% rise were parking fees followed by parts, accessories and supplies. Insurance premiums and vehicle registration fees were relatively unchanged from 2011.
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