Mississauga.ca - MiWay - Transit Savings

Transit Savings

According to the latest 2012 edition of the Canadian Automobile Association's (CAA) "Driving Costs" publication, the annual costs of owning and operating a sedan is $11,755.72 and a crossover is $13,013.92, when the vehicle is driven 24,000 km per year. The publication is available at www.caa.ca.

An adult MiWay monthly pass, by comparison, offers real value: it's only $120 per month, or $1,440 per year for twelve monthly passes. Plus, monthly passes qualify for a federal public transit tax credit (15%).

How far is a round-trip between your home and work (in km)?
How many days per month do you normally commute to work?
What is the average gasoline consumption rating (in L/100km) of your vehicle? Need more info on your automobile fuel consumption?
Price of gasoline per litre:
Cost of monthly parking:
The following figures are based on a 2012 Toyota Camry LE (4 cylinder)
Cost per kilometre for tires and maintenance*	0.041
Cost per kilometre for insurance, licence, registration, depreciation & finanace expense**	0.414


Your Monthly cost of commuting is
Your Yearly cost of commuting is


Monthly MiWay commuting cost (1 Adult Monthly Pass)	$120.00
Annual MiWay commuting cost (12 Adult Monthly Passes)	$1440.00


Monthly, you could be saving...
Yearly, you could be saving...
Estimated Variable average annual operating costs per kilometre Estimated Fixed average annual ownership costs per kilometre NOTE:* Cost per kilometre estimates are based on figures in the Canadian Automobile Association's (CAA) 2012 "Driving Costs" publication available at www.caa.ca.