National Affairs: 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¢ to .79¢a mile, tires up .06¢ to .59¢ a mile. The only saving, says the AAA, will come in gas and oil. which in 1958 will average 2.39¢ per mile-down an imperceptible .03¢.

Quotes of the Day »

Get & Share
GREGG KEESLING on reports that he received a call from an Army official saying he wasn't eligible to receive a condolence letter from President Obama because his son committed suicide, rather than dying in action
For use in rail of Articles page or Section Fronts pages. Duplicate and change name as necesssary to distinguish.

Time.com on Digg

POWERED BY digg

Quotes of the Day »

Get & Share
GREGG KEESLING on reports that he received a call from an Army official saying he wasn't eligible to receive a condolence letter from President Obama because his son committed suicide, rather than dying in action

Stay Connected with TIME.com