Monday, Mar. 31, 1958
Car Fare
The average U.S. motorist who drives 10,000 miles in 1958 will spend $1,078, about $76 more than it cost him to operate in 1957, says an American Automobile Association survey. Annual depreciation, the driver's biggest budget item, will increase by $51 to $565, chiefly because of the higher cost of new cars. Insurance will go up $13.31 to $116.71, license and registration fees up $1.48 to $19.16, maintenance up .05-c- to .79-c-a mile, tires up .06-c- to .59-c- a mile. The only saving, says the AAA, will come in gas and oil. which in 1958 will average 2.39-c- per mile-down an imperceptible .03-c-.
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