Home > Terms > English, UK (UE) > Cost per mile
Cost per mile
A method for calculating the tyre contribution to the general running costs of a vehicle. The total costs of the tyre (including the tyre purchase price, repairs, balancing costs etc) is divided by the distance a tyre has gone.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Automotive
- Category: Automobile
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