Continue to answer SSC’s list of question:
- What about driving costs, like registration, oil, parking, tolls, fines, etc.?
I have a car category in my blog. You can see many article related to having a car.
There are several part of cost related to a car.
Buying a Car Itself
Not surprisingly, buying a car costs a lot. Cars in China is more expensive than in U.S.
Cars under 100,000 RMB are classified as cheap cars, like FIAT, Buick SAIL, VW Polo, VW Gol, Golf…
Cars between 100,000 – 200,000 RMB are referred to as middle-class cars, like Honda Fit Salon, Toyota, Volkswagen Bora, Satana…
Above 200,000 RMB are expensive cars, like Volkswagen PASSAT, Audi, BMW, Benz…
Of cause if you count the luxurious cars, there is no limitation.
This is the license fee. In Shanghai, license fee is very expensive. Since its price is settled in a bidding process, it varies from 20,000 RMB to recent 40,000 RMB.
People workaround this buy getting licenses outside Shanghai.
Every year, you need to pay the annual fee, and the so-called “Road Maintenance Fee”. It is around 1400 RMB (again, I have no idea about the real price.
It is 4.90 RMB per liter today. Two year ago, it was 3.2 RMB per litter.
In Shanghai, most of places (90% places I go) charges 10 RMB per hour for parking. Underground parking is more likely to charge according this price.
Some places charges lower, like 5 RMB, or 20 RMB per day, 50 RMB per day, depending on how many customer they have.
Typical fine is 200 RMB, for example, if you park at the wrong place.
Depending on how expensive is you car, you need to pay for the insurance. It is mandatory. It is like 2000 RMB for a car of 100,000 RMB per year.
P.S. Correct me on any numbers I gave for sake of readers’ benefit. I am not sensitive to money, and I cannot remember the price clearly.