Meh, I like that I am saving $60 on the vehicle tax. Driving and parking downtown is still cheaper than taking the TTC both ways.
Are you on glue?
The price of operating a vehicle - a shitty vehicle at that, works out to be around 60 cents a kilometre on average. Never mind parking which can be anywhere from $4.00 to $40.00 depending.
Here is a very nifty document put out by the CAA determining costs per KM to drive either Chevy Cobalt (about as fucking cheap and useless as it gets) or a Chysler Minivan (a family shit box) Never fucking mind the cost to drive any sort of higher end vehicle (BMW, Audi, Lexus, Infiniti, Accura, MB, etc.) The rates would go off the charts.
ANNUAL DRIVING COSTS
The amount you drive has a direct relationship to your costs per kilometre.
Using the Runzheimer figures in the preceding table, you can expect the following
approximate costs:
ANNUAL DRIVING COSTS – based on the Chevrolet Cobalt LT
Km driven Annual operating Annual ownership Total cost Cost per km
per year costs (variable) costs (fixed)
12,000 km $1,512 $6,256 $7,768 64.7 cents / km
16,000 km $2,016 $6,256 $8,272 51.7 cents / km
18,000 km $2,268 $6,256 $8,524 47.4 cents / km
24,000 km $3,024 $6,430 $9,454 39.4 cents / km
32,000 km $4,032 $6,662 $10,694 33.4 cents / km
ANNUAL DRIVING COSTS – based on the Dodge Grand Caravan
Km driven Annual operating Annual ownership Total cost Cost per km
per year costs (variable) costs (fixed)
12,000 km $2,016 $8,567 $10,583 88.2 cents / km
16,000 km $2,688 $8,567 $11,255 70.3 cents / km
18,000 km $3,024 $8,567 $11,591 64.4 cents / km
24,000 km $4,032 $8,747 $12,779 53.2 cents / km
32,000 km $5,376 $8,987 $14,363 44.9 cents / km
Link:
http://www.caa.ca/documents/CAA_Driving_Costs_Brochure_2010.pdf
Aside, hence the reason why when I used to work for Massive Corporation I fucking hated when I had to use my car work business purposes. Massive Corporation payed the peons 46 cents a km. Idiots in my office always wanted to drive in order to "get the mileage" I had no problem with letting anyone put the km on their car for Massive Corporation. I used to lobby the Fat Cats at Massive Corporation to buy 3 "office vehicles" that we could share. Needless to say that they knew they were getting a sweet deal at 46 cents a km for the peons.