Photographs: James Fassinger/Reuters
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.
...
Indian city among most expensive places to own a car
Image: An aerial view shows vehicles travelling on intersections at night in downtown Shanghai, China.Photographs: Aly Song/Reuters
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
...
Indian city among most expensive places to own a car
Image: People ride horses along a main avenue in the financial centre of Sao Paulo during World Car Free Day in Brazil.Photographs: Paulo Whitaker/Reuters
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
...
Indian city among most expensive places to own a car
Image: Pigeons fly as clouds gather over New Delhi's Connaught Place.Photographs: Buddhika Weerasinghe/Reuters
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
...
Indian city among most expensive places to own a car
Image: An aerial view of St Peter's Square in Rome, Italy.Photographs: Alessandro Bianchi/Reuters
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
...
Indian city among most expensive places to own a car
Image: A catamaran leaves the central business district, with the Sydney Opera House in the background, in Sydney, Australia.Photographs: Daniel Munoz/Reuters
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
...
Indian city among most expensive places to own a car
Image: An aerial view of the Sony Center and the Potsdamer Platz in Berlin, Germany.Photographs: Fabrizio Bensch/Reuters
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
...
Indian city among most expensive places to own a car
Image: A cyclist makes his way over a snow covered bridge in the Dutch capital of Amsterdam.Photographs: Maartje Blijdentein/Reuters
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
...
Indian city among most expensive places to own a car
Image: A view of Moscow's Kremlin, Ministry of Foreign Affairs and Moscow City business district in Russia.Photographs: Maartje Blijdentein/Reuters
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
...
Indian city among most expensive places to own a car
Image: A man rides bicycle as he makes his way along a snow-covered sidewalk near the Eiffel Tower in Paris, France.Photographs: John Schults/Reuters
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
...
Indian city among most expensive places to own a car
Image: Houses of Parliament and the London Eye in central London, United Kingdom.Photographs: Stefan Wermuth/Reuters
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
...
Indian city among most expensive places to own a car
Image: Mt Fuji, covered with snow, is seen through Shinjuku skyscrapers in Tokyo, Japan.Photographs: Kimimasa Mayama/Reuters
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
...
Indian city among most expensive places to own a car
Image: Skyline of New York's Lower Manhattan and One World Trade Center in the United States.Photographs: Eduardo Munoz/Reuters
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
...
Indian city among most expensive places to own a car
Image: A view from the top of the CN Tower in Toronto, Canada.Photographs: Mark Blinch/Reuters
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
article