How old are you and what kind of insurance do you have? I'm 26, in Montreal and I'm paying $100 per month for full insurance with a group insurer.
When I think "cost of running the car", all of the following comes to mind:
- Cost of buying the car
- Insurance
- License
- Registration
- CAA membership
- Gas
- Regular maintenance
- Unexpected maintenance
It adds up to significantly more than 'insurance + gas' that a lot of people seem only to count. Gas in Montreal has been $1.25 - $1.35 per liter for a while now, pretty crazy when it costs almost 50 bucks to fill up an Aveo which can barely get 500KM per tank. Mileage goes by really fast.. I live and work downtown and I still use at least 2-3 tanks per month just driving around a few times per week.