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CARS - ECONOMIC ISSUES

- COST OF NEW CARS IN ONTARIO (2010)

 

You will find some indicative values of several new models, very popular in Canada.

 

A. Vehicles awarded for FUEL EFFICIENCY in Canada - 2010

 

#

BRAND - MODEL

Engine

(Lt)

Gear

Consumption  (lt) in 100 km (city)

Consumption (lt) in 100 km (highway)

COMMERCIAL CAR VALUE

(Aprox) CD$

1

HONDA Insight

1.000

5. speed manual

3.9

3.3

26.100

2

VOLKSWAGEN

New Battle

1.900 Diesel

5 speed manual

6.2

4.6

26.130

3

TOYOTA Yaris

1.500

5 speed manual

6.9

4.6

13.600

4

HONDA Civic Hybrid

1.300

Automatic

4.7

4.3

25.800

5

TOYOTA Prius

1.500

Automatic

4.0

4.2

25.800

6

HYUNDAI Sonata

2.400

5 speed manual

9.6

6.3

21.900

7

VOLKSWAGEN

Jetta Wagon

1.900 Diesel

5 speed manual

6.2

4.6

27.780

8

PONTIAC Vibe Wagon

1.800

5 speed manual

7.9

5.9

19.900

9

TOYOTA Matrix Wagon

1.800

5 speed manual

7.9

5.9

17.200

10

FORD Escape Hybrid

2.300

Automatic

6.6

7.0

33.600

11

HONDA Odyssey

3.500

5 speed manual

12.0

7.7

36.400

 

 

B. Other Family Vehicles popular in Canada - 2010 

#

BRAND - MODEL

Engine

(Lt)

Gear

Consumption  (lt) in 100 km (city)

Consumption (lt) in 100 km (highway)

COMMERCIAL VALUE OF THE CAR

(Aprox) CD$

1

SUZUKI Swift

1.600

Automatic

5 speed manual

9.7

9.1

6.3

6.2

13.800

2

FORD Focus

2.000

Automatic

5 speed manual

9.2

9.0

6.8

6.4

16.800

3

CHEVROLET Cobalt

2.200

Automatic

5 speed manual

9.5

9.4

6.7

6.1

14.800

4

CHRYSLER PT Cruiser

2.400

Automatic

5 speed manual

11.0

9.8

8.1

7.5

22.000

5

HONDA Civic

1.800

Automatic

5 speed manual

8.2

7.8

5.7

5.7

18.000

6

HYUNDAI  Accent

1.600

Automatic

5 speed manual

8.3

7.4

6.2

5.9

14.000

7

NISSAN Sentra

1.800

Automatic

5 speed manual

8.4

8.4

6.3

6.1

16.800

8

PONTIAC Wave

1.600

Automatic

5 speed manual

9.7

9.1

6.3

6.2

13.200

9

TOYOTA Corolla

1.800

Automatic

5 speed manual

7.8

7.1

5.6

5.3

16.800

10

MAZDA 3 CX

2.000

Automatic

5 Speed manual

9.1

8.4

6.4

6.1

16.500

 

These values are approximate and may vary. Some extra costs may be added, like certificates, insurance etc.

 

 

- ANNUAL TOTAL COST OF HAVING A NEW CAR IN ONTARIO

        (APPROXIMATE – Based on statistics expenditures)

 

You will find an estimate of how much you will have to expend per year in a new or recent model car in Ontario, as follows:  The calculation was made just as a reference, and with cars with different number of cylinders, several of them are the most gasoline efficient in Canada. For this calculation I have taken into account the following considerations:

● Depreciation cost: 12 % of the new car value.

● Annual insurance cost is an approximate value of the cost that will pay a driver with license and with little or no experience at all in Canada or North America. Value is only as reference and it is the average which is actually being pay by persons in similar conditions.

● Average gasoline cost in Ontario is 1 lt= $0.98 (July-2010)

● Average use per year: 12.500 km in highway / 12.500 km in cities

  

#

BRAND AND MODEL

Annual

Depreciation (12% initial cost)

Insurance 

Cost

Per Year

(Around)

Annual Gasoline Cost  in 12,500 km (city)

Annual Cost

Gasoline in 12,500 km (highway)

Total

Annual

Cost

1

TOYOTA - Yaris

1.5 litres

1632

3670

845

563

$ 6710

2

SUZUKI -Swift

1.6 litres

1656

3780

1114

759

$ 7309

3

TOYOTA – Corolla

1.8 liters

2016

3780

869

649

$ 7314

4

FORD - Focus

2.0 liters

2016

3840

1102

784

$ 7742

5

CHEVROLET Cobalt  (2Doors)

2.2 liters

1776

4482

1151

747

$ 8156

6

CHRYSLER – PT Cruiser – 2.4 lts.

2640

3720

1200

918

$ 8479

 

  

Note: This table is only to give the reader a real idea of the costs and no responsibility is assumed for the figures or values detailed. These costs are very near the real costs. To the above annual cost related to the car, you must add other expenses like the sticker, parking, windshields liquid, wash, oil, filters, brakes, tire wear, and other eventual unpredicted costs.

 

 

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