Cost of Ownership Calculator (car)

Estimate total car ownership cost from payment, insurance, fuel, maintenance, registration, and depreciation.

Last reviewed
July 8, 2026
Cost
Free to use
Data
Runs in your browser

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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Methodology

How this calculator handles inputs

This calculator uses the values you enter above and applies the formula explained in the guide below. Results update in the browser and are intended for quick planning, comparison, and sanity-checking.

  • Use consistent periods, currencies, and units across inputs.
  • Review any assumptions before using the result in a decision.
  • Recalculate when rates, prices, tax rules, or business terms change.

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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