Car Ownership Cost Calculator
The purchase price is just the beginning. See the true annual cost of owning a car.
True annual cost:
True monthly cost:
Depreciation per year:
Resale value after ownership:
Where your annual car cost goes
How to use this calculator
Enter the purchase price, annual depreciation, yearly insurance, fuel, maintenance and registration costs, plus how long you'll own it, then press Calculate. True annual and monthly costs are shown with a cost-breakdown chart.
What the result means
The true cost combines depreciation with running costs — most people only count the monthly payment and underestimate the real number by thousands. Resale value shows what the car is still worth at the end.
Frequently asked questions
Why is depreciation the biggest cost?
A new car loses 15-20% of its value in year one alone. Over five years, depreciation often exceeds fuel.
How can I lower ownership cost?
Buy used, keep cars longer, and choose reliable models with good fuel economy.