What's the cost to drive a car in GTA 24,000 km/yr? or what is per km cost of driving in T.O.?

Answer 1

Even here in the States, the math is the same.

First, there is the costs of interest, depreciation, and cost of money (what you'd have made if you invested the money instead of buying the car). On top of that, you've got taxes and insurance. All of these costs are virtually independent of driving your first mile, er, km. Those costs are fairly easy to calculate providing you've got a present-value calculator (also those are in spreadsheets as well as stand-along web pages).

Second, there are the per-mile costs. The per-mile costs are a lot less than the costs above. You figure in gas, maintenance, etc in that one. What you'll see is that the cost of actually driving a car is a lot less than the cost of simply owning it.

Answer 2

With car payments , insurance , repairs and gas the average is about $6,000 Cdn / year. Over 25 years old with a good driving record or if you are married with drivers education your insurance rates will be lower.An older model domestic car will be cheaper on insurance than European or Japanese cars.