Even at $5 a gallon, driving would be cheaper than flying
With those lazy, hazy, crazy days of summer on the horizon, many of you are probably planning, or at least thinking about, a summer vacation trip with the kids. Let's say you want to go to Brownsville, about 500 miles each way. With gas prices expected to reach $4 per gallon next month, is it cheaper to drive from Fort Worth to Brownsville, or fly?
According to the Car Care Council, which advocates the benefits of regular vehicle care, maintenance and repair, the answer is driving. And it would be that way even if gasoline prices were $5 per gallon. The Council compares the costs for a family of four traveling 1,000 miles round-trip for flying vs. driving. They did not gauge whether you would enjoy being crammed in a car with your family for six hours.
By air, that family will spend an average of $1,324 for tickets, based on 2007 fourth quarter statistics from the Bureau of Transportation Statistics. However airline ticket prices have increased a reported ten times since December, so the total average ticket price today would exceed $1,300 for four persons. By vehicle: If gasoline prices were $5 a gallon, the cost for a family of four traveling by SUV would be $343. This number not only includes the cost of gasoline, but also tire wear and maintenance based on the American Automobile Association’s vehicle operating costs, according to the Council. So, strictly from a financial point of view, driving is the best option.
-- Scott Streater
















