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...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!