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Infographic: What Is The Cost Of Owning A Car In Oshawa?

11/20/2018 @ 9:01 am

Your car is one of the largest investments you’ll ever make, and knowing how much it is costing you every day can be a worthwhile exercise.

Breaking down exactly how much it costs to run your car, and how that figure compares to your neighbours, can help you make decisions when it comes to upgrading your car or moving locations. Things like how much gas costs in your area, what you pay in insurance, and how far you commute every day can all impact the running costs of your vehicle.

Oshawa is an industrial suburban town in Southern Ontario, located approximately 60 kms to the east of downtown Toronto. Bordering Lake Ontario, Oshawa is also home to a bustling business centre and several well regarded universities. Many Oshawa residents commute into Toronto for their work daily, usually averaging 85 minutes and 61 kms. This costs around $9.15 in gas, based on average fuel efficiencies. Despite this high cost of commuting, Oshawa residents actually save on their average living expenses, putting down 26.82% less on everyday costs compared to Toronto locals.

Oshawa residents pay $1,437 per year for auto insurance, which is approximately on par with the rest of the province. Gas prices are slightly higher in the west of Toronto, coming in at around $1.06 per litre.

Oshawa Bad Credit Car Loans is a auto financing company located in Oshawa and specializing in subprime credit loans. We accept every level of credit and negotiate with the banks until we get your loan approved. If you need to get on the road as soon as possible, contact us today and let us do the hard work for you.

 

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