As of September 1, 2016 your driver’s licence will cost more as will your licence plate sticker fee.
It costs a lot to drive a car in Ontario. There’s auto insurance, fuel, gasoline and regular maintenance to name just a few expenses. Come September however, it’s going to get a bit more expensive as the fees to renew your driver’s licence and licence plate sticker are set to increase.
Beginning September 1, 2016 it will now cost $90 for your driver’s licence up from $81.50, and your licence plate sticker will cost:
- $60 if you live in northern Ontario (up from $54)
- $120 if you live in southern Ontario (up from $108
According to ServiceOntario, "The revenue generated from the fee changes will help support the maintenance of provincial roads, highways and bridges. Even with the increase, Ontario drivers are still paying lower fees than many other provinces in Canada."
- Related Read: How to Save Money on Gas—10 Fuel Efficient Driving Tips
Want to save $12 on your licence plate renewal?
According to thestar.com, many drivers can steer clear of the coming licence plate fee increase by "pre-renewing".
Turns out you can pre-renew your licence plate sticker up to 180 days (about six months) in advance; so if your plates are up for renewal in the next 180 days, you can renew before September 1 and pay the lower fee.
It all adds up
If you’re looking for savings on your licence plate fees, chances are you’re looking for other ways to save as well. You can save even more money by comparing car insurance quotes with InsuranceHotline.com. On average, InsuranceHotline.com shoppers save $700 after shopping their car insurance rates. Make sure you’re getting the best car insurance rate deal out there, and shop around.