Interactive Artificial Intelligence (AI) agents are becoming increasingly prevalent in society. However, application of such systems without understanding them can be problematic. Black-box AI systems can lead to liability and accountability issues when they produce an incorrect decision. Explainable AI (XAI) seeks to bridge the knowledge gap, between developers and end-users, by offering insights into how an AI algorithm functions. Many modern algorithms focus on making the AI model "transparent", i.e. unveil the inherent functionality of the agent in a simpler format. However, these approaches do not cater to end-users of these systems, as users may not possess the requisite knowledge to understand these explanations in a reasonable amount of time. Therefore, to be able to develop suitable XAI methods, we need to understand the factors which influence subjective perception and objective usability. In this paper, we present a novel user-study which studies four differing XAI modalities commonly employed in prior work for explaining AI behavior, i.e. Decision Trees, Text, Programs. We study these XAI modalities in the context of explaining the actions of a self-driving car on a highway, as driving is an easily understandable real-world task and self-driving cars is a keen area of interest within the AI community. Our findings highlight internal consistency issues wherein participants perceived language explanations to be significantly more usable, however participants were better able to objectively understand the decision making process of the car through a decision tree explanation. Our work also provides further evidence of importance of integrating user-specific and situational criteria into the design of XAI systems. Our findings show that factors such as computer science experience, and watching the car succeed or fail can impact the perception and usefulness of the explanation.