Variable auto ownership costs are most dependent on:
A) driver behavior.
B) miles driven.
C) city lived in.
D) down payment.
E) periodic renewal of vehicle registration.

Question

Quizplus · Accepted Answer

Variable auto ownership costs are most dependent on the miles driven, as it directly affects fuel costs, maintenance costs, and the wear and tear of the vehicle. Driver behavior and the city lived in can also affect the costs to some extent, but they are not the major factors. The down payment and periodic renewal of vehicle registration are one-time or periodic costs and do not affect the variable costs associated with owning a vehicle.

Variable Auto Ownership Costs Are Most Dependent On