Do You Really Know How
Much You Spend For Gas Per Year?
By
Scott Siegel
http://www.beatthegaspump.com
As the price of gas has steadily increased so has your
annual gas expenditure. It has gotten to the point that it
has become a major part of your family expense. But do you
really know how much you are spending per year on gas? Most
drivers know what it costs for a fill up but not many can
confidently state how much they spend per year.
It is fairly simple to figure out and only takes a few
minutes to calculate it. Even so, most drivers don't take
the time to work the calculations and determine their annual
expense. If they did they might look at economizing their
gas usage a little more seriously.
There seems to be no end in sight to the daily increases to
the price of gas. $3.00 per gallon, $3.29 per gallon, $3.49
per gallon are prices that we have seen this year. A while
back $3.00 per gallon seemed really high. Now $3.00 seems
like a good price!
The AAA uses 15,000 miles as an average amount of miles
traveled per vehicle. If you travel approximately 15,000
miles each year in a car that gets about 20 miles to the
gallon, you will buy approximately 750 gallons of gas per
year. At $3.00 per gallon that adds up to $2250.00 per year
as the cost for gas.
If you are a two car family averaging 15,000 miles per car
you will use 1500 gallons of gas per year. 1500 gallons at
$3.00 per gallon equals $4500.00 per year.
At $3.49 per gallon the numbers are considerably higher. If
you have one car at 15,000 miles per year you will spend
over $2600.00 per year. A two car family would spend over
$5200.00 per year. That equates to $437.00 per month. You
could easily be spending more for gas than your monthly car
payments.
Every time that the price of gas goes up at the fuel pump by
10 cents the total increase for your two car family will be
$150.00 per year. When you see the price jump 20 cents in
one day, think annually. Realize that the 20 cent increase
will cost you $300.00.
When you think about the annual cost of your gas it is very
sobering. When you think about spending $5200.00 per year,
you might want to serious look at ways to reduce that cost.
When you realize that the 20 cent increase today will cost
you $300.00 this year you might decide now is the time to do
something about it.
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Scott Siegel is the author of a 143 page manual of industry insider information
on saving gas and money at the pump (beatthegaspump.com). Visit us to learn how
you can get better gas mileage.
Find out how to increase gas
mileage.
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