Home › Car Ownership Cost Calculator

Car Ownership Cost Calculator

Add up depreciation, financing, insurance, fuel, maintenance, registration and parking to see the true yearly cost and cost per mile of a car.

Depreciation per year ($)

Loan interest per year ($)

Insurance per year ($)

Miles per year

Fuel economy (MPG)

Gas price ($/gal)

Maintenance & tires per year ($)

Registration & fees per year ($)

Parking & tolls per year ($)

How to use it

Estimate depreciation with the depreciation calculator.
Enter insurance, maintenance and other yearly costs.
Fuel is calculated from miles, MPG and gas price.

How it works

Total = depreciation + interest + insurance + fuel + maintenance + fees + parking. Cost per mile = total ÷ miles. AAA's annual "Your Driving Costs" study puts the average new car at well over $10,000 a year.

FAQ

What is the biggest cost of owning a car?

For new cars, depreciation is usually the largest single cost, followed by financing, insurance and fuel.

Related calculators

X Facebook Reddit WhatsApp LinkedIn

Embed this free calculator on your site (copy & paste):

<iframe src="https://drivecost.pages.dev/cost-of-car-ownership-calculator/?embed=1" width="100%" height="640" style="border:1px solid #ddd;border-radius:12px" loading="lazy" title="DriveCost calculator"></iframe><p style="font-size:13px">Calculator by <a href="https://drivecost.pages.dev/cost-of-car-ownership-calculator/">DriveCost</a></p>

Free calculator by DriveCost