Real incomes have stagnated in many countries and family budgets are feeling the pinch while petrol prices continue to increase. But petrol prices are just one of the costs of running a car; owners also have to fork out for insurance, road tax and servicing, according to The Economist.
Let's take a look at some cities, including one from India, where owning a car in an expensive expenditure.
Source: The Economist
Note: Purchase price is an average of low- and high-end brands. Running costs include road tax or registration fee, minor repairs, insurance and petrol consumption.
...
Shanghai
Country: China
Average price of a family car: $125,000
Average running costs: $20,000
Change in total cost since 2005-2007: Minus 16.3 per cent
Overall rank: 1
...
Sao Paulo
Country: Brazil
Average price of a family car: $103,000
Average running costs: $13,000
Change in total cost since 2005-2007: 23.9 per cent
Overall rank: 2
...
New Delhi
Country: India
Average price of a family car: $100,000
Average running costs: $20,000
Change in total cost since 2005-2007: 45.9 per cent
Overall rank: 3
...
Rome
Country: Italy
Average price of a family car: $57,000
Average running costs: $14,000
Change in total cost since 2005-2007: 51.3 per cent
Overall rank: 4
...
Sydney
Country: Australia
Average price of a family car: $60,000
Average running costs: $8,000
Change in total cost since 2005-2007: 7.2 per cent
Overall rank: 5
...
Berlin
Country: Germany
Average price of a family car: $37,000
Average running costs: $14,000
Change in total cost since 2005-2007: 2.1 per cent
Overall rank: 6
...
Amsterdam
Country: The Netherlands
Average price of a family car: $36,000
Average running costs: $15,000
Change in total cost since 2005-2007: Minus 10.6 per cent
Overall rank: 7
...
Moscow
Country: Russia
Average price of a family car: $39,000
Average running costs: $12,000
Change in total cost since 2005-2007: Minus 18.0 per cent
Overall rank: 8
...
Paris
Country: France
Average price of a family car: $39,000
Average running costs: $11,000
Change in total cost since 2005-2007: 13.2 per cent
Overall rank: 9
...
London
Country: The United Kingdom
Average price of a family car: $32,000
Average running costs: $16,000
Change in total cost since 2005-2007: Minus 1.5 per cent
Overall rank: 10
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Tokyo
Country: Japan
Average price of a family car: $34,000
Average running costs: $10,000
Change in total cost since 2005-2007: 3.3 per cent
Overall rank: 11
...
New York City
Country: The United States
Average price of a family car: $36,000
Average running costs: $10,000
Change in total cost since 2005-2007: Minus 8.1 per cent
Overall rank: 12
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Toronto
Country: Canada
Average price of a family car: $37,000
Average running costs: $9,000
Change in total cost since 2005-2007: Minus 6.6 per cent
Overall rank: 13
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