Vehicles and the True Cost of Ownership: How Much is My Car Really Costing Me?

I started July with 26,277 miles on the odometer and ended the month with 31,389 miles.

Each mile costs $.0867 in depreciation, and I drove 5,112 miles. For July, my vehicle depreciation expense was $443.21.

I did very well with mystery shopping in July, and I've got the odometer reading to prove it.