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Detailed text transcripts for TV channel - KGO - 20110407:09:34:00

The cost of rubber and raw materials up 15%. and something we rarely think about. depreciation is up almost 5% this year, as gas guzzlers are quickly losing value. add insurance and maintenance and aaa says driving costs you 59 cents a mile. when you put it into dollars it really resonates with people. they understand and they look and consider that almost $9,000 to annually own and maintain your vehicle, that s a lot of money. reporter: the president says his plan is no quick fix. it will take a couple of years to have a serious effect. you may want to think about a trade-in. reporter: or leaving your car at home. that s what steve is doing in southern california. he s calculated his gasoline use down to the penny. the cost of per-mile for gas has been as low as 8 cents. ....

Sadd Insurance , Gas Guzzlers , Steve Poulin , Southern California , Gasoline Use , Trade In ,