The team from Prestige Performance Center GB took a look at all the costs associated with owning a car in multiple countries from around the world, and the results are eye-opening.
For example, the average cost of a new car is $105,253 in Singapore, though that country is an outlier. It will cost you an average of $30,500 to bring home a new set of keys in the US. Turkey, meanwhile, suffers through the highest average yearly cost for fuel at just under $5,000.
Hong Kong has the highest average annual insurance rates as well as the highest average annual parking fees and highest yearly road tax. Not to be outdone, the UK enjoys the highest average congestion charges.
