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Car Total Cost of Ownership Calculator

Last updated: November 5, 2026

Estimate the multi-year cost of owning a vehicle after depreciation and operating expenses.

Starting figures illustrate this model. Enter your own measurements, quoted costs and applicable terms; this page does not retrieve live prices or provider rates.

Estimated ownership cost

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  • Average cost per year: —
  • Estimated remaining value: —
  • Operating cost over period: —
On this page

Quick summary: Estimate the multi-year cost of owning a vehicle after depreciation and operating expenses.

Updated November 5, 2026
Read the complete guide

What this calculator estimates

Estimate the multi-year cost of owning a vehicle after depreciation and operating expenses.

How to use it

Enter Purchase price ($); Years owned; Total depreciation over period (%); Annual fuel or charging cost ($); Annual insurance cost ($); Annual maintenance and repairs ($); Total financing interest ($). Select Calculate to update the results.

How the calculation works

Ownership cost equals depreciation plus fuel or charging, insurance, maintenance and financing interest over the ownership period.

Worked example: starting scenario

Example inputs
Purchase price ($)38000
Years owned5
Total depreciation over period (%)45
Annual fuel or charging cost ($)1800
Annual insurance cost ($)1800
Annual maintenance and repairs ($)1200
Total financing interest ($)4500
Example results
Estimated ownership cost$45,600.00
Average cost per year$9,120.00
Estimated remaining value$20,900.00
Operating cost over period$24,000.00

Important limitations

Registration, taxes, unexpected repairs, resale conditions and opportunity cost are excluded unless reflected in the inputs.

Keep financing and depreciation separate

Purchase price minus resale value measures depreciation over the ownership window. Financing interest is an additional cost; paying back loan principal is not another full purchase price. Match annual mileage, fuel economy and ownership years to one scenario, and keep a resale assumption separate from any trade-in credit used when buying.