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Press Equals

True Cost of Car Ownership

Real cost: payment, insurance, fuel, maintenance, depreciation.

Result

Total per month

$966.67

Total per year
$11,600.00
Loan payments
$4,800.00
Insurance
$1,200.00
Fuel
$1,800.00
Maintenance
$800.00
Depreciation
$3,000.00
Other costs
$0.00

Common questions

What counts as "other" costs?

Registration, parking, tolls, car washes, and similar. Add a yearly estimate to the Other field.

How do I estimate depreciation?

Rough rule: new cars lose 15–20% the first year and about 10% per year after. Check used prices for your model.