VVehCalc
Fuel & Operating

Total Cost of Car Ownership Calculator

Calculate the true 5-year cost of owning a car: depreciation, financing, fuel, insurance, maintenance, and fees combined.

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Quick Take

This calculator gives you real-time estimates based on standard financial formulas. Modify any input and results update instantly — no calculate button needed.

Primary Result

$0

Total Depreciation

Total Loan Interest
$0
Amortized interest
Total Fuel Cost
$0
Miles × Years / MPG × Price
Total Insurance
$0
Annual × Years
Total Maintenance
$0
Age-adjusted
Total Cost of Ownership
$0
Sum of all costs
Cost per Mile
$0
Total / Total miles
Disclaimer: Results are educational estimates only and do not constitute professional financial advice. Actual loan terms, rates, and costs may vary.
What This Calculator Does

Calculate the true 5-year cost of owning a car: depreciation, financing, fuel, insurance, maintenance, and fees combined.

How the Calculation Works
Total Depreciation:Price × Depreciation curve
Total Loan Interest:Amortized interest
Total Fuel Cost:Miles × Years / MPG × Price
Total Insurance:Annual × Years
Total Maintenance:Age-adjusted
Total Cost of Ownership:Sum of all costs
Cost per Mile:Total / Total miles
Who Should Use This Tool

This calculator is designed for anyone looking to understand the financial implications of fuel & operating decisions. Whether you're a first-time buyer, comparing options, or planning for the future, these estimates help you make informed choices.

Important Considerations

Remember that actual terms, rates, and costs will vary by lender, your credit score, and current market conditions. These calculators provide educational estimates only and do not constitute professional financial advice. Always compare multiple offers and consult a financial professional before making decisions.

Frequently Asked Questions

What is the true cost of owning a car?+
Beyond purchase price, a $35,000 car costs ~$48,000 over 5 years: depreciation $14,000, interest $4,500, fuel $8,700, insurance $8,500, maintenance $4,500, fees $1,800.
What's the biggest ownership cost?+
Depreciation (40–50% of total), followed by financing (15%), fuel (15%), insurance (15%), maintenance (10%), fees (5%). New cars lose 20–30% in year one.
How much does a car cost per mile?+
Average: $0.60–$0.75/mile all-in. Compact cars: $0.45/mile. Luxury SUVs: $0.90–$1.20/mile. EVs: $0.50/mile. This matches IRS mileage rates.
When is the cheapest time to own a car?+
Years 4–8 are cheapest—most depreciation has occurred, maintenance is moderate, and no loan payment (if paid off). Buy 3-year-old cars for maximum savings.
Does buying used save money?+
Yes—3-year-old cars cost 40% less but have 60% of remaining life. Total 5-year ownership is typically $8,000–$12,000 less than buying new.

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