Total Cost of Ownership Calculator

Calculate the complete lifetime costs of vehicle ownership including purchase, depreciation, maintenance, insurance, fuel, and more.

Total Cost of Ownership Calculator

Make informed vehicle purchasing decisions by comparing the true total costs of ownership over time.

Reviewed August 29, 2026 · Calculation methodology · Inputs stay in your browser

Vehicle Information

Enter the purchase price of the vehicle.
Select your vehicle type.
How many years do you plan to own the vehicle?
Average miles/km driven per year.
Estimated value when you plan to sell (leave blank to calculate automatically).

Fuel Costs

Vehicle's fuel economy rating.
Current fuel price in your area.

Insurance & Taxes

Annual cost of vehicle insurance.
Annual vehicle registration fees and taxes.

Maintenance & Repairs

Annual routine maintenance (oil changes, tires, etc.).
Estimated annual repair costs.

Financing Details

How are you acquiring the vehicle?
Initial down payment amount.
Annual interest rate for your loan.
Duration of your loan in months.
Local sales tax rate.
Registration fees, documentation fees, etc.

Vehicle Ownership Cost Tips

  • Depreciation is typically the largest cost of vehicle ownership, especially in the first few years.
  • Electric vehicles often have higher upfront costs but lower operating and maintenance costs over time.
  • Extended warranties should be factored into your total cost of ownership calculations.
  • Regular maintenance can reduce long-term repair costs and improve resale value.
  • Insurance costs vary significantly based on vehicle type, location, and driver history.
  • Consider fuel efficiency carefully-small differences in MPG can add up to thousands over the lifetime of a vehicle.
  • Luxury vehicles typically have higher insurance, maintenance, and repair costs than non-luxury models.

Related vehicle cost and ownership calculators

Vehicle Depreciation CalculatorATV Loan CalculatorBoat Loan CalculatorMotorcycle Loan Calculator