BTS transportation statistics disappoint

BTS stats.

BTS — the Bureau of Transportation Statistics — sent out its update to national transportation statistics. In it was a line for the Average Cost of Owning and Operating an Automobile.

The data does not include anything from 2026.

Nonetheless, the data shows big increases in both 2023 and 2024, which BTS chalks up to spikes in finance cost and depreciation. The was an increase of over $1,450 for the average cost to drive 15,000 miles alone in 2023. That’s an increase of nearly 14%.

If we have to wait until 2027 for any numbers from 2026, we’re in for a big spike due to fuel costs.

There are lots of additional data available in the statistics, including wages and salaries in the transportation, as well as how the industry contributes to the U.S. Gross Domestic Product (GDP) in both current dollars and chained 2012 dollars.

You can find it all at this link.

——————————————————————-

The material on these pages is provided for information sharing purposes only and should not be used in lieu of an OEM service manual or factory authorized service procedure. We are not in the auto repair business, nor do we publish automotive service manuals. Nothing we include on these pages and posts has been reviewed, approved or authorized by any vehicle manufacturer.

Remember — only proper service and repair procedures will ensure the safe and reliable operation of your car. In addition, proper safety procedures and precautions, such as the use of safety goggles, the right tools and the equipment should be followed at all times to eliminate the possibility of personal injury or improper service which could damage the vehicle or compromise its safety.

Technology is always changing and what is current and accurate today may be literally out-of-date and inaccurate tomorrow. And when it comes to the current state of flux in the auto industry, nothing is more true.

Privacy Policy 

Recent Posts

A Wordpress fault avoidance post

Wordpress fault avoidance. DashboardSymbols.com is built on Wordpress platform and I wanted to share a…

13 hours ago

China recalls EVs over electronic door handles, ignoring non-EVs

Electronic door handles. On an issue we've harped on since 2015, China recently announced a…

6 days ago

New Volvo owners video added to our YouTube channel

Volvo owners video. We've just uploaded a video to our YouTube channel that demonstrates opening…

1 week ago

Add Walmart to EV charging price downward pressures

EV charging. Just before Memorial Day, we noted that a new player in the Level…

2 weeks ago

Fuel prices dip in July

Fuel prices. While they remain high big time year over year, the Bureau of Transportation…

4 weeks ago

Jaguar models update leaves us in the dust — it’s an EV future!

Jaguar update. So, we set out to do an update for 2026 Jaguar models and…

4 weeks ago