The real cost of owning Australia’s top 10 vehicles
THEY’RE the best-selling cars in the country but how much do they cost to run?
Carsguide has crunched the numbers on everything from a Mazda3 to a Toyota Prado to determine what the cost of ownership over the first three years really is. For the total running cost, we have added registration, insurance, fuel and servicing.
Reflecting their status as the top two vehicles, there’s only a few hundred dollars between the Mazda3 and Toyota Corolla.
Even then, drivers pay about $3000 a year to run their vehicles. That doesn’t include depreciation, which adds thousands to the bottom line.
Registration figures vary by state as a result of the way each government calculates fees, administrative costs, third party cover and stamp duty.
In some states, costs also vary depending on the owner’s postcode,so the Carsguide figures are indicative only.
Stamp duty applies to all new cars at purchase. It is generally included in the generic “on-road” costs a dealer applies from the showroom.
Dealer delivery fees can then add about $2000 but that’s not a fixed cost and smart buyers can negotiate that figure down.
The exceptions apply around this time of the year when car companies offer end of year “drive-away deals” which include all of the above.
For this exercise Carsguide has assessed the costs based on regular list prices and then added approximate figures for hidden extras.
Capped price servicing ensures a degree of transparency, though different companies include and exclude different items.
The Mazda3 Neo, for example, has variable servicing based on whichever occurs first on 10,000km or 12 month intervals. The fixed $290 fee doesn’t include the likes of engine oil — a $15 optional extra at every visit to the dealership. Similarly, the brake fluid is an extra $61 hit every two years or 40,000km.
None of the servicing programs covers consumable items such as wiper blades, tyres or brake pads. Replacement time for these relates to how and where the vehicle is driven.
THE CARS Base petrol model with automatic or constantly variable transmission. The utilities are base 4WD diesel autos, as is the Toyota Prado.
FUEL COST Based on April national average of 152.4c for 91 ULP, 160.5c for diesel and 15,000km a year.
RESIDUAL VALUE After three years. Subtract from purchase price to determine depreciation. Source: Glass’s Guide.
REGISTRATION Approximate figures from online calculators and/or makers’ quotes. First year figure includes stamp duty.
INSURANCE Comprehensive cover with Suncorp’s online arm Bingle. Premiums based on a 36-year-old female with an unblemished driving record living in Malvern East (Vic), Parramatta (NSW), Carindale (Qld), Greenwood (WA) and Glenelg (SA). For individual quotes, view bingle.com.au.