Car owners are often the ones most concerned about the safety of their cars.
They are also the ones who have to pay the most attention when it comes to keeping their cars in good working order.
But a new study shows that when you consider other factors like the cost of fuel and maintenance, the car may actually be safer than you might think.
In a recent article published by the Wall Street Journal, scientists from the University of Texas at Austin and the University at Buffalo have found that if you factor in the cost to maintain the vehicle and the cost involved in replacing the engine, you can get an even better sense of the safety impact of car ownership.
Read moreAt first glance, it seems that you should pay more attention to the safety measures your car takes, says Rishi Srinivasan, a professor at the University.
“It seems like the bigger your costs are, the safer you want to be,” he says.
But there is an important caveat: You need to take care of the car and make sure it doesn’t get too old.
“The bigger the car is, the more you need to maintain it, so the cost for maintenance should be higher,” Srinasan says.
“The bigger your expenses are, your vehicle may be much more dangerous to drive.”
The team compared the costs of maintenance on different types of cars, including the Honda Civic, the Toyota Camry, and the Hyundai Elantra.
Each model had the same components, but different engines.
Each car had the cost per mile of gasoline, oil, and tire wear.
In total, the average cost of maintenance per mile was $8,500.
“So, if you have an average cost for the engine and fuel, you would expect to pay $3,400 to $4,500 a mile,” Sreenivasan says, adding that that cost may even be higher if you add in the maintenance cost per hour.
The researchers found that the cost on average for the Elantras was $3.33 a mile, while the Civic cost $3 a mile.
In addition, the researchers found the Elanas were the most expensive to repair.
“In the Civic, for example, the cost was $12,300 per engine, $5,200 per tire and $2,000 per transmission,” the researchers say.
The Elantreas were also the most costly to replace because the average time to repair a Civic was nearly 10 hours, they said.
The researchers said they looked at more than 15 million miles of data on the vehicles and found that owners are responsible for $8.4 billion in maintenance costs per year.
“If you think about it, if a $2.00 an hour wage were to go into your maintenance costs, you’d get $3 million worth of fuel,” Sorrows says.
This is because a driver needs to pay a certain amount of fuel to fuel the car.
In some cases, the driver may be paying for the fuel with the cash in the glove box.
“A lot of people think that because it costs so much money to maintain, the maintenance should just be done by the owners,” Sreerasan adds.
“But it’s not.”