Few of us add up all the costs, but car ownership is one of the costliest things people do on an ongoing basis in life. While the day to day costs of petrol are significant, the annual costs of motor tax and insurance and servicing should also be factored in, while the depreciation associated with the capital outlay is the largest cost of all.
Other costs vary from person to person. The cost of parking, time, stress, fines and risk are significant.
When all costs are added up, the total cost is extremely large, just see for yourself.
|CO2 Emission Bands||Band A||Band B||Band C||Band D||Band E||Band F||Band G|
|Interest on Capital||500||625||781||977||1,221||1,526||1,907|
|Servicing and Replacements||250||313||391||488||610||763||954|
The most common cars in Ireland are in Band C. At a running cost of €5,845 per year, how many buses, taxis, trains and car rentals would that pay for?
|Average Price||Trips for the same price|