Top 10 Most Expensive Countries for Car Ownership

Are you thinking about buying a car? Well, before you make that decision, you might want to consider the cost of car ownership in different countries. In some places, owning a car is a necessity, while in others, it’s considered a luxury for the wealthy. But no matter where you are, owning a car can be quite costly for the average resident.

According to a study by Compare the Market, they found the average annual prices for fuel, maintenance, taxes and registration, insurance, parking fees, depreciation, and more to determine the most expensive countries for car ownership. Let’s take a look at the top 10 most expensive countries for owning a car:

1. Denmark: Total annual cost – $7,527
2. Ireland: Total annual cost – $6,481
3. Canada: Total annual cost – $6,111
4. Norway: Total annual cost – $6,081
5. Germany: Total annual cost – $5,899
6. Finland: Total annual cost – $5,815
7. United States: Total annual cost – $5,688
8. United Kingdom: Total annual cost – $5,525
9. Australia: Total annual cost – $5,220
10. Netherlands: Total annual cost – $4,962

As you can see, owning a car in these countries can really add up. From the cost of gas to insurance and maintenance, it’s important to consider all the expenses involved in owning a car before making the investment.

So, if you’re thinking about buying a car, make sure to do your research and consider the total cost of ownership in your country. It might just save you a lot of money in the long run.