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What does owning a car really cost you?

Not many things are more terrifying than looking at your bank statement every month to see how badly you blew it. But aside from the day-to-day expenses, ever wonder where exactly all of your money is going? Our friends at The Wall Street Journal's MarketWatch site say that AAA's annual report on driving costs for 2013 suggest that it's your car sucking the life out of your bank account.

Toyota EV: Toyota iQ-based electric concept at Geneva

The Toyota iQ-based Toyota EV Prototype It’s well-known we hold no truck with the motor industry trying to portray the electric car as a replacement for the ICE car. It’s palpable nonsense. But a compact electric car with a short city range – now that floats our boat.

Mercedes S-Class AMG Sport Edition – it’s another S-Class run-out special

The Mercedes S-Class AMG Sport Edition is another ‘final’ S Class model with extra equipment as the W221 comes to the end of its shelf life. The current Mercedes S-Class (W221) has been with us since 2006, despite which it’s still a fine car (and a great secondhand buy), but it’s about to be replaced by an all new S-Class. That’s why S-Class sales are falling and why Mercedes has rolled out the S-Class Grand Edition and CL Grand Edition to persuade buyers that a new S-Class (or S-Class coupe, in the case of the CL) is still a good place to park a sizeable chunk of change.