A study by personal finance service Hardbacon estimates the current average cost of owning a car in Montreal at $1,310 per month. Hardbacon’s compilation includes purchase price, maintenance, gas, parking and insurance. In 2024, the average cost of owning a vehicle in Quebec is $15,720 per year. A car purchased in 2024 is expected to […]
How much did you buy your car for, and how much can you sell it for after a decade? Depreciation is one of the larger costs of car ownership. Assuming you financed it, there’s also the cost of interest on the loan.
So you have $35,000 left to account for.
How much did you buy your car for, and how much can you sell it for after a decade? Depreciation is one of the larger costs of car ownership. Assuming you financed it, there’s also the cost of interest on the loan.
Also registration and other state fees.