Running Costs
After you purchase your car, you still need to budget for keeping it on the road in good working order. As a general rule, the larger the car is, the more expensive it is to maintain.
Here are some items to consider:
- Petrol: Litres per 100km (L/100km) The higher the figure the more fuel the car will consume.
- Registration: number of cylinders in engine The number of cylinders the car has (e.g. 4,6,8), the more expensive the car is to register.
- Insurance: Premium and excess The higher the premium, the more money the car will cost to insure each year The higher the excess, the more money you will be asked to pay if you make a claim.
- Maintenance: Labour cost ($/per hour) You need to undertake the scheduled maintenance to ensure you meet your vehicles warranty requirements. The more that is charged for labour by the mechanic, the higher the service bill will be. Shop around and find this out before committing.
- Part replacement There is no gauge for pricing car parts, but be aware that second-hand cars will require replacement parts at some stage.
- Finance You will need to service your loan each month. See the finance page for further details.
For more information, visit the RACQ Vehicle Running Costs Guide.
