Estimated Total Annual Driving Costs for:
The CAA Driving Costs Calculator will help you build a better understanding of all the ongoing costs of owning a vehicle. You can even use the calculator to compare gas, hybrid and electric vehicles.
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|Average Electricity Economy (kWh/100km)||0|
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|*Cost is representative of owning or leasing a vehicle for 5 years.|
These prices are provided by www.caa.ca/gas-prices
The reduction in value of a vehicle incurred during a given period of time.
The cost of keeping your vehicle in running order, including the OEM recommended maintenance schedules and unscheduled maintenance costs (ex. tires and battery).
The cost for maintaining a driver’s license and registering the vehicle in your province.
The cost to insure a vehicle, which depends on a variety of factors. Assumptions are based on a driver under the age of 65, six years of driving experience with no accidents, living in a suburban/ urban location, personal use, with a $500 deductible. We also include personal liability, medical, property, and insurance for an uninsured driver.
The monthly payment is an estimate that assumes a 15% down payment using current finance rates in your area, and includes the principal amount of the loan and interest payments.
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