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Indian city among most expensive places to own a car
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.
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Indian city among most expensive places to own a car
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
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Indian city among most expensive places to own a car
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
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Indian city among most expensive places to own a car
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
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Indian city among most expensive places to own a car
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
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Indian city among most expensive places to own a car
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
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Indian city among most expensive places to own a car
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
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Indian city among most expensive places to own a car
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
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Indian city among most expensive places to own a car
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
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Indian city among most expensive places to own a car
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
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Indian city among most expensive places to own a car
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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Indian city among most expensive places to own a car
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
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Indian city among most expensive places to own a car
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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Indian city among most expensive places to own a car
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