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How much does it cost to own a car in the US?

 
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NSA  



Joined: 22 Mar 2007
Posts: 84
Location: London

PostPosted: Thu Apr 03, 2008 10:25 pm    Post subject: How much does it cost to own a car in the US? Reply with quote

I've always wondered how much it costs to run a car in the US. In the UK ownership costs outside of buying and servicing breaks down like this:

Road tax: £0-400pa (roughly) depending on engine size. Pre '73 exempt, most pay about £200
Insurance: £200-3,000pa (30yrs, £100k car, central London for example - not me. I pay £250 for a 924 CGT, think average is £500)
Parking permit: £100 pa, central London only
Petrol: £4.80 per gallon
Congestion charge: £8 per day, central London only
MOT roadworthiness test: £100-500pa depending on work required

Any big differences to what you pay over there? Anywhere else in the world shocked at how much/little we pay to keep a car on the road?
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924RACR  



Joined: 29 Jul 2001
Posts: 9108
Location: Royal Oak, MI, USA

PostPosted: Thu Apr 03, 2008 10:52 pm    Post subject: Reply with quote

OK, lesse... numbers for my '82 931 (not the racecar, it would be cheaper, and we won't talk about my wife's WRX!):

I think I end up paying something like $600/yr for insurance; kept down 'cause I'm married, older (33), and have multiple cars (3) insured, so I get the fleet discount

Vehicle registration is quite cheap, $26/yr I think - roughly equivalent to your road tax, I think, gives me a tab for my plates. Real cheap in MI for old cars (before like '83 or something), after that it's based on car purchase price, prior is based on car weight! So my minivan, an '02, costs $150 or so per year (including personalized plate surcharge).

Gas is about $3.50/gal here, now, also given that I can't use 87 octane in the Turbo.

No parking permits or other charges/fees that I can think of. No vehicle inspections required in MI, thankfully - not emissions or safety! It's a good place to live if you like old cars! Plus there's the chance to further reduce costs with classic insurance, registration, and storage insurance, but as can be seen, the car's pretty cheap anyway...
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'79 924 #77 SCCA H Prod racecar
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924guy  



Joined: 29 Dec 2003
Posts: 2088
Location: Port St. Lucie, FL

PostPosted: Thu Apr 03, 2008 11:11 pm    Post subject: Reply with quote

registration/tags: about $45 a year per vehicle
insurance: about $1800 a year for two vehicles (6 month policies, no tickets or accidents, expensive, but a very good rate for my area believe it or not.)
fuel: about $3.35 per gallon now, annual fuel costs are about $4600.00.
maintenance, about 1000 per year (about $400 in synth oil changes every 3k, $600 in misc.)
cost to run 2 vehicles per year is about 7500.00. cost to run one vehicle would be about a third less, after you figure in the multi vehicle insurance discounts, mileage wouldnt change much, as i commute 110 miles a day round trip. . maybe 5k for one vehicle.

now, if you wanted to live in NY city, more the equivalent to London, you would have to add parking, tolls, additional fuel costs , city taxes.. i would guess 40% more.. but ive been out of ny for a long time now.. i could be under estimating..
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78 924
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sparky  



Joined: 27 Nov 2002
Posts: 772
Location: Malta

PostPosted: Fri Apr 04, 2008 12:37 am    Post subject: Reply with quote

Over here (not us)

Road tax: $240
Insurance: $610
Petrol: $8.25 Per Gallon

No other charges that come to mind..
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1976 Euro 924 (The 945) - Full 951 Brakes/Suspension

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Vince Ponz  



Joined: 02 Nov 2002
Posts: 3581
Location: Florida

PostPosted: Fri Apr 04, 2008 1:06 am    Post subject: Reply with quote

Track car about 70 dollars 3000 mile limit classic insurance
Turbo same " " " " "
911 800
civic 800
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DOCO  



Joined: 04 Aug 2006
Posts: 1111
Location: Keswick Ontario Canada

PostPosted: Thu Apr 10, 2008 7:29 am    Post subject: Reply with quote

Canada insurance 780 per year
75 to95 to plate yearly
anything 20 years old no smog control
4.44 a us gallon and fluctating daily
we do have a toll hwy in toronto i dont use it.and they want to bring in more
thats about it,any other ontarioian's that pay different chime away!
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Doco "where am i going and why am i in this handbasket"author unknown
79 924 N/A "Webster"
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Matt Norton  



Joined: 14 Apr 2006
Posts: 196
Location: Montour Falls/Watkins Glen NY

PostPosted: Tue Apr 15, 2008 6:08 am    Post subject: Reply with quote

I was paying about $25/ month for basic liablility but decided to go full coverage this year after having a tree drop a branch on our other daily driver. no sooner did I do so and I cracked the windsheild when I was changing wiper blades. The arm slip out of my hand and walked the windsheild. sure was glad I had full glass coverage. So now my 924S is insured for $7,000 stated value which only runs me about $50/month. So about $600/year but I will be droping liability when it is off the road for the winter so it will be more like $450/year. Yearly inspection costs around $25-30 as I recall. Registration is $45 for two years. Gas is still under $4.00 here in rural NY but I expect it to hit $4.00 by summer time.
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Chrenan  



Joined: 15 Jan 2003
Posts: 3903
Location: Canada

PostPosted: Tue Apr 15, 2008 6:13 am    Post subject: Reply with quote

Insurance: Collector Car Policy about $150 per year
Registration: About $70 per year
Gas: Up to $1.20 per litre
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