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Cost of ownership

Compare the Total Cost of Two Cars

Two cars, all costs included over your ownership period: which one really costs you less.

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MPG (US)
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Formula

Total cost over the period = Depreciation + Interest cost + Fuel / energy + Insurance + Maintenance

Assumptions

Constant annual depreciation and insurance/maintenance costs as you entered them: an order of magnitude, not a quote. It does not replace real market values or local prices.

How to read it

A car that is cheaper to buy but thirstier and faster to depreciate can cost more over five years. Look at the total gap and the gap per year: under 5%, the two cars are equivalent and the choice comes down to other criteria.

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