you can use estimates if historical information isn't available. Divide total actual or estimated fuel expenses by actual or estimated annual miles driven to calculate annual fuel cost per mile. For example, if you drove 15,000 miles and spent $1,600 on fuel over the ...
With the help oflast-mile logistics softwareand advanced algorithms, you can not only calculate your cost per mile but also act on it. This guide will explain the step-by-step process for calculating your CPM (or you candownload a free spreadsheet, the Cost per Mile Calculator, here). Yet...
Take the average price that you pay at the pumps per gallon and divide that by the number you found when you calculated mpg for your car. Here’s the formula: price per gallon miles per gallon = price per mile Again, you can use a variation of the same equation to calculate price per...
How to Calculate Car Depreciation You can calculate car depreciation in several ways: Age of vehicle. Cost per mile. Difference between the purchase price and the selling price (straight line). Method #1: Depreciation Based on Age of Vehicle This method is based on the purchase price of the ...
Although the higher octane fuels often cost a little more i have found the overall cost per mile is the same or better than if I'd used the lower octane fuel and it's nice to have the extra performance there. Weight reduction.
Energy Required To Charge Battery Cost To Charge Battery Range Of Distance Charging Cost Per Mile Audi Q4 Sportback e-tron 86 kWh $13.92 242 miles 5.8 cents Audi Q4 e-tron 86 kWh $13.93 265 miles 5.3 cents Cost to charge an EV vs. gas fuel fillup Charging your EV is typically cheaper...
However, even with paid superfast 350kW charging, which can get closer to traditional fuel costs, you’d still be seeing significant savings. Contents How Much Do You Save With An Electric Car? How To Calculate Your Electric Car’s Cheapest Charging Cost The Cost Of Charging An Electric Car...
Some even allow you to input your electricity cost per kWh to calculate how much money the appliance costs to operate over a given period, like a day or a month.Energy usage monitors are useful for determining the electricity consumption of a single appliance or several devices plugged into a...
The calculation, however, remains the same regardless of current fuel prices. Figuring Fuel Surcharge Percentage To figure the fuel surcharge percentage, you must calculate the average cost per gallon. Add up the total fuel costs for the trip and divide that by the total gallons bought. For ...
When calculating the cost to fuel a gas-powered vehicle, you likely think of miles per gallon (MPG). For instance, if your car averages 20 miles per gallon and gas prices are $4 per gallon, then it costs you 20 cents per mile. Thus, if you travel 300 miles it costs $60 in gas...