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Khatir Soltani
A calculator that allows Canadians to see how much it costs to operate their vehicle each year
The Canadian Automobile Association (CAA) has developed a free online tool that will allow drivers to calculate the real cost of owning and operating a vehicle.

The calculator provides yearly figures -- by vehicle make, class, and province -- for everything from gas bills to licence fees and depreciation, not to mention insurance and maintenance.

“A vehicle is the second-largest expense most people have, but a lot of us (Edit: 4 out of 5, according to an Ipsos Reid survey) are not taking into account all the expenses associated with car ownership,” says Jeff Walker, CAA vice president of public affairs.

Users can input their own information or use representative figures supplied by CarDATA Consultants Inc. to get a very good estimate of their annual driving costs. The calculator also displays the annual greenhouse gas emissions for the vehicle selected.

Go to the Driving Costs calculator (caa.ca/drivingcostscalculator) to find out the actual cost of your vehicle.

Source : CAA-Québec
 
Khatir Soltani
Khatir Soltani
Automotive expert
  • Over 6 years experience as a car reviewer
  • Over 50 test drives in the last year
  • Involved in discussions with virtually every auto manufacturer in Canada