Cost of Ownership Calculator (car)
Estimate total car ownership cost from payment, insurance, fuel, maintenance, registration, and depreciation.
Monthly Ownership Cost
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Annual Ownership Cost
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5-Year Ownership Cost
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Monthly Cost Before Loan
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Guide
How it works
Use this calculator to estimate the full monthly, annual, and five-year cost of owning a car.
What this calculator does
The car cost of ownership calculator adds loan or lease payment, insurance, fuel, maintenance, registration, taxes, and depreciation.
Formula
Monthly ownership cost = payment + insurance + fuel + maintenance + registration + depreciation
How to use it
Enter each monthly cost category. If you do not have an exact number, use a realistic monthly estimate.
Common mistakes
- treating the loan payment as the full cost
- leaving out depreciation
- underestimating maintenance on older vehicles
FAQs
Should depreciation be monthly?
Yes. Divide expected annual depreciation by 12 for a monthly estimate.
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