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How to use
- Enter Insurance.
- Enter Registration/fees.
- Enter Maintenance.
- Enter Parking.
- Enter Depreciation.
- Enter Financing interest.
- Calculate, then review units and consumption or cost assumptions before comparing.
How it is calculated
Annual ownership cost = sum of ownership items; monthly = annual ÷ 12
Example
Insurance 3,000, fees 500, maintenance 2,500, parking 2,400, depreciation 12,000 and interest 4,000 total 24,400 annually or 2,033.33 monthly.
Important notes
This calculator does not automatically include fuel so ownership and usage costs stay distinct. Add fuel through the cost-per-km calculator when needed.
Worked examples and interpreting results
| Case | Calculation | Result |
|---|---|---|
| Annual | 3000 + 500 + 2500 + 2400 + 12000 + 4000 | 24,400 |
| Monthly | 24400 ÷ 12 | 2,033.333333 |
Frequently asked questions
Should fuel be added here?
You can, but keeping usage costs separate is often clearer when comparing different driving patterns.
Is the result an estimate or an actual cost?
It is a calculation based on your inputs. Actual prices, consumption and fees can vary by vehicle, route and energy source.
How should two scenarios be compared?
Use the same distance, period and units, and change one variable at a time where possible.