Total Cost of Ownership Calculator
Calculate the total cost of owning a vehicle over time. Compare purchase price, fuel costs, maintenance, insurance, depreciation and other expenses.
Step 1: Vehicle & Purchase Details
Understanding Total Cost of Ownership
Total Cost of Ownership includes purchase price, financing costs, fuel, maintenance, insurance, taxes, registration, and depreciation over the ownership period.
Step 2: Operating Costs
About Operating Costs
Operating costs include fuel, maintenance, repairs, insurance, taxes, and registration fees. Electric vehicles typically have lower fuel and maintenance costs but higher purchase prices.
Total Cost of Ownership Results
Total Cost of Ownership
Vehicle Type Cost Comparison
| Vehicle Type | Purchase Price | 5-Year TCO | Cost Per Mile |
|---|
Cost Breakdown
TCO Formula
Total Cost of Ownership = Purchase Price + Operating Costs – Resale Value
Operating costs include fuel, maintenance, insurance, taxes, registration, and financing costs over the ownership period.
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