OCR Text |
Show OPERATION COST FOR ATO10BILE Average of $293 Was Spent by Each Automobile Owner in 1928. An average of $203 was spent by euch ntitoist In the United States during dur-ing 1023 In the operation and maintenance main-tenance of his car, according to figures fig-ures complied by the American Motor- 1st s' association, In co-operation with the Automobile Club of Illinois. Of this sum, $101, or 31 per cent, was expended ex-pended for fuel and lubricants, this being the largest Item In the autolst'8 annual operation and maintenance bill. Cost $1.14 Per Day. The $20.'! figure does not take Into account depreciation. The average life of a passenger automobile, accord-j accord-j Ing to computation of the federal gov-: gov-: eminent. Is approximately seven years. I F'urlng 1023 the average retail price j of passenger cars iu the United States I was $s7."i, which bused on a seven-' seven-' year life expectancy, would mean an I average depi eci.i ; ion id ?!'-'" per year. From this figure, plus the aw. age upkeep up-keep cost of $20.'!, It will be seen tuat the general average cost of operation, plus depreciation, was $113 per year, or approximately $1.14 per day. The comparable figure for 1027 shows that the average cost of operation, plus depreciation, de-preciation, was $:i.J for that year, or $1 per day. The second largest Item on the an-toist's an-toist's maintenance hill Is for labor Incident to repair work, the autoist expending In 1023, for this item, an average of $2. His replacement parts cost him $., while his average tire bill, during the year, was $34. An average of $21 was expended for accessories, ac-cessories, which with the $101 spent for gasoline and oil, make up the total of $2113 ns the average cost of maintenance main-tenance for each motor vehicle for 102S. Comparlnfl Cost. Comparing the cost of operation In 1023 nnd 1027 the association's figures show thnt last year the cost was 23 per cent more than during 1027, when the average operation cost was $220. Comparative figures, between the two years, however, it is pointed out by SI. Mayer, president of the Automobile Club of Illinois and vice president of the A. M. A., do not Indicate that operation op-eration costs are necessarily increasing, increas-ing, the difference being explained primarily by the fact that with better highways available each year the average autoist uses his automobile proportionately more. |