What are the annual costs of owning a car?
1 Answers
Annual expenses include vehicle and vessel usage tax, car insurance, fuel costs, parking fees, toll fees, maintenance costs, and expenses for traffic violations and repairs. Here is a partial introduction to these costs: 1. Vehicle and Vessel Usage Tax: This must be paid annually, and for a family car with around 2.0L displacement, the cost is approximately 500 yuan. 2. Car Insurance: Car insurance includes a compulsory traffic insurance of 950 yuan and commercial insurance. If there are no accidents or claims, the insurance premium will decrease in the future, so the insurance cost here is calculated at 5,000 yuan. 3. Fuel Costs: The average fuel consumption for a family car is about 6-8L per 100 kilometers, with an annual cost of around 7,500 yuan. 4. Parking Fees: Residential parking fees are 300 yuan/month, and company parking is estimated at 100 yuan/month, totaling about 2,500 yuan annually. 5. Toll Fees: The average toll fee is 50 yuan per trip, with an annual cost of 1,000 yuan. 6. Maintenance and Upkeep Costs: New cars require maintenance every 5,000 kilometers, and thereafter every 10,000 kilometers or every six months, with an annual maintenance cost of 4,000 yuan. 7. Traffic Violations and Repair Costs: Expenses for traffic violations and accidents can range from several thousand to tens of thousands of yuan.
