10 Most Expensive Countries To Own a Car — the U.S. is No. 7
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In some countries, owning a car is a necessity while in others, it’s a wealthy luxury.
But even in countries where owning a car is a must, it can be costly for the average resident.
To determine the most expensive countries to own a car, Compare the Market found average annual prices for fuel, maintenance, taxes and registration, insurance, parking fees, depreciation and more.
Based on this analysis, here’s a look at the 10 most expensive countries for car ownership.
1. Denmark
Total annual cost: $7,527
Average annual cost for gas: $3,150
Average annual maintenance cost: $863
Average annual insurance cost: $734
Average tax & registration cost: $388
(titoslack / Getty Images/iStockphoto)
2. Ireland
Total annual cost: $6,481
Average annual cost for gas: $2,305
Average annual maintenance cost: $782
Average annual insurance cost: $1,080
Average tax & registration cost: $366
3. Canada
Total annual cost: $6,111
Average annual cost for gas: $2,021
Average annual maintenance cost: $801
Average annual insurance cost: $1,326
Average tax & registration cost: $104
(©Shutterstock.com)
4. Norway
Total annual cost: $6,081
Average annual cost for gas: $1,554
Average annual maintenance cost: $612
Average annual insurance cost: $887
Average tax & registration cost: $232
(querbeet / Getty Images)
5. Germany
Total annual cost: $5,899
Average annual cost for gas: $1,889
Average annual maintenance cost: $593
Average annual insurance cost: $795
Average tax & registration cost: $238
(scanrail / Getty Images)
6. Finland
Total annual cost: $5,815
Average annual cost for gas: $1,919
Average annual maintenance cost: $679
Average annual insurance cost: $794
Average tax & registration cost: $390
(YinYang / Getty Images)
7. United States
Total annual cost: $5,688
Average annual cost for gas: $1,562
Average annual maintenance cost: $679
Average annual insurance cost: $1,080
Average tax & registration cost: $167
(ZoltanGabor / iStock.com)
8. United Kingdom
Total annual cost: $5,525
Average annual cost for gas: $1,954
Average annual maintenance cost: $643
Average annual insurance cost: $867
Average tax & registration cost: $208
(patrickoberem / iStock.com)
9. Australia
Total annual cost: $5,220
Average annual cost for gas: $1,754
Average annual maintenance cost: $655
Average annual insurance cost: $772
Average tax & registration cost: $253
(Aleksey Stemmer / Shutterstock.com)
10. Netherlands
Total annual cost: $4,962
Average annual cost for gas: $1,534
Average annual maintenance cost: $538
Average annual insurance cost: $716
Average tax & registration cost: $578
Ref: 10 Most Expensive Countries To Own a Car — the U.S. is No. 7 (finance)
Photo Credit- titoslack/Getty Images, @Shutterstock, querbeet, Scanrail, YinYang, ZoltanGabor/iStock, patrickoberem, Aleksey Stemmer
