Car Ownership Cost Calculator — Calculate Total Vehicle Expenses

Car Ownership Cost Calculator

Calculate the total cost of owning a car including purchase price, fuel, insurance, maintenance, depreciation and more. Make informed decisions about your next vehicle purchase.

Step 1: Vehicle Details

$30,000
$5,000
5 years
5.5%

Understanding Vehicle Costs

The purchase price is just one part of the total cost of ownership. Additional expenses like insurance, maintenance, and depreciation significantly impact long-term costs.

Step 2: Operating Costs

25 MPG
$3.50
$1,500
$800
15%

About Operating Costs

Operating costs vary significantly by vehicle type. Electric vehicles have lower fuel costs but higher depreciation. Luxury vehicles have higher insurance and maintenance costs.

Car Ownership Cost Results

Summary
Vehicle Comparison
Breakdown

Total 5-Year Ownership Cost

$47,850
Based on $30,000 purchase price and 12,000 annual miles
Monthly Cost
$798
Cost Per Mile
$0.80
Total Fuel Cost
$8,400
Total Loan Cost
$28,500

Vehicle Type Cost Comparison (5 Years)

Vehicle Type Purchase Price Total Cost Cost Per Mile

5-Year Cost Breakdown

Understanding Ownership Costs

Total Cost = Purchase + Fuel + Insurance + Maintenance + Depreciation

The true cost of car ownership extends far beyond the purchase price. Depreciation is often the largest expense, followed by fuel and financing costs.

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