Cost of Ownership Calculator

See what your car really costs — depreciation, fuel, maintenance and insurance combined — per year and per trip.

Select your vehicle to begin

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How to use this calculator

Enter the purchase price, how long you'll own the car and how far you drive each year. We pull the fuel or charging cost from your selected vehicle's official economy; you add your maintenance, insurance and depreciation rate. The result shows the total, the cost per year and the cost per kilometre/mile.

Frequently asked questions

What is the total cost of ownership of a car?
It is everything the car costs you over the years you own it: depreciation (lost resale value), fuel or charging, maintenance and repairs, and insurance. Financing interest, taxes and registration add to it. Depreciation is usually the largest single cost.
How is cost of ownership calculated here?
The calculator adds depreciation (price minus estimated resale value), total fuel/charging cost from your vehicle’s official economy and your distance, plus the maintenance and insurance you enter — across your chosen number of years.
How can I lower my cost of ownership?
Choose a model that holds its value, keep it longer to spread out depreciation, maintain it to avoid big repairs, shop insurance yearly, and pick a fuel-efficient or electric drivetrain to cut energy cost.

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