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This calculator will allow you to find the true cost of owning a car in Canada. It will normally give you a good estimate of what you really need to spend on car ownership.

As car payments and expenses come due throughout the year, it's often difficult to really get a good understanding of total spending on your car. Be realistic on the values you input.

For unexpected expenses, such as accident repairs or fines, think about how much you have spent on such items over the last few years. By default, these values are calculated on a monthly basis.

Use the the dot symbol for decimal notation, for example 8.7 kilometres between home and the workplace. On this calculator it is just used the metric system.

World stats

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Costs for

Average monthly cost per type

Standing costs
Depreciation of the vehicle
Vehicle insurance and breakdown coverage
Car finance
Vehicle inspection
Vehicle Excise Tax (Auto taxes, if applicable)
50% Maintenance
TOTAL - Standing costs
Running costs
Fuel
50% Maintenance
Repairs
Parking
Tolls
Traffic fines
Washing and cleaning
TOTAL - Running costs
Monthly amount

TOTAL (yearly)

Running costs per kilometre
Total costs per kilometre
kinetic speed
consumer speed
Total costs per year for automobile

Automobile costs for

Standing costs

Depreciation of the vehicleC$ 158
Vehicle insurance and breakdown coverageC$ 154
Loan interestC$ 11
Vehicle inspectionC$ 11
Vehicle Excise Tax (Auto taxes, if applicable)C$ 12
50% MaintenanceC$ 65
TOTAL - Standing costsC$ 380

Running costs

FuelC$ 225
50% MaintenanceC$ 65
Repairs and improvementsC$ 30
ParkingC$ 25
TollsC$ 7
Traffic finesC$ 2
Washing and cleaningC$ 10
TOTAL - Running costsC$ 333

TOTAL

TOTALC$ 712
Running costs per kilometreC$0.20/km
Total costs per kilometreC$0.42/km
kinetic speed55km/h
consumer speed*40km/h
Total costs per year for automobileC$8548
Based on the inputs of 426 validated users, who filled the Car Costs Calculator at autocosts.info/ca