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Car costs lead 1977 budget squeeze as prices rise
In 1977 personal transportation remains a major expense, now about 11 percent of budgets with car prices and insurance rising. Gasoline costs inch up despite better mileage, while insurance and depreciation climb. Runzheimer estimates show annual costs around 2698 dollars for 12 000 miles. Strategies focus on smaller engines, no unnecessary coverage, and cautious shopping. next article covers food and medical costs strategies.
MENTIONED IN THIS ARTICLE
Sidney Margolius
New York
Council On
Runzheimer and Co
Runzheimer
General Motors
Robert H. Kastengren