Not including a car payment, so just assume that I have the car. What would insurance, gas, repairs and all that typically cost monthly? I am in Toronto, Canada, and am considering moving out of the city and buying a car to commute. My maximum commute would be 30 minutes each way (1 hour total) 5 days a week. Is anyone else in this situation? Can you give me a ballpark monthly cost? Thanks!
Oh and I have a perfect driving record.
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it all comes down to the kind of car it is and your driving habits
A car is probably the most expensive way to commute to and from work. If you are only transporting yourself and no tools or anything, see if you can get a place where you can take a bus or a train. then you won’t have to deal with parking, gas and as many repairs. Get yourself an affordable car for the weekends and your costs will be significantly lower.
It all depends on a lot of factors. Here in the US, the standard rate we use for automobile reimbursements is 55 cents a mile. It may be somewhat more expensive up there since petrol is more expensive, but then on the other hand the cars are generally smaller.
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