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Annual Costs of City Purchased Vehicle <br />S20,000 S25,000 <br />Description <br />Vehicle <br />Vehicle <br />Payments <br />$ <br />7,200 <br />$ <br />9,000 <br />Insurance <br />$ <br />350 <br />$ <br />450 <br />Fuel <br />$ <br />1,500 <br />$ <br />1,500 <br />Maintenance <br />$ <br />400 <br />$ <br />400 <br />Total <br />$ <br />9,450 <br />$ <br />11,350 <br />Per Mile Operational Cost <br />$ <br />0.95 <br />$ <br />1.14 <br />Assumptions: 3 yr. financing, 20 MPG, 10,000 miles driven <br />City of Paris Revised 2/20/08 <br />. . . . . . . . . . , f. . , , . . . <br />