Car cost calculator
Estimate loan payments, depreciation, fuel, insurance, maintenance, and cost per mile.
Monthly Cash Cost
$1,105
$733 loan paymentMonthly Economic Cost
$1,271
Includes depreciationCost Per Mile
$0.83
$0.24 / mi depreciationTotal Cost of Ownership
$99,689
$13,715 final equity in future dollarsInputs
Depreciation and maintenance vary by vehicle age and condition.
Purchase
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Years
Scenario
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Years
Taxes & Fees
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Warranty
Included years.
Additional years.
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Operating Costs
Maintenance / Year$660
Maintenance / Mile$0.07 / mi
Depreciation / Year$1,980
Depreciation / Mile$0.07 / mi
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Opportunity Cost
%
Purchase Summary
Cash Due at Purchase$9,350
Amount Financed$37,000
Monthly Loan Payment$733
Total Interest$6,959
Total Cash Cost$113,404
Total Cost of Ownership$99,689
Vehicle Value and Equity
Estimated resale value, loan balance, and owner equity in future dollars.
Annual Vehicle Cost Breakdown
Operating costs plus vehicle depreciation as an economic expense in future dollars.
Yearly Vehicle Cost
Rounded annual totals over the ownership horizon.
| Year | Value | Loan Balance | Depreciation | Cash Cost |
|---|---|---|---|---|
| 1 | $33,600 | $30,595 | $8,400 | $13,259 |
| 2 | $28,560 | $23,728 | $5,040 | $13,556 |
| 3 | $25,133 | $16,364 | $3,427 | $13,686 |
| 4 | $22,620 | $8,468 | $2,513 | $15,638 |
| 5 | $20,810 | $0 | $1,810 | $14,590 |
| 6 | $19,145 | $0 | $1,665 | $5,561 |
| 7 | $17,614 | $0 | $1,532 | $6,535 |
| 8 | $16,204 | $0 | $1,409 | $7,231 |
| 9 | $14,908 | $0 | $1,296 | $6,391 |
| 10 | $13,715 | $0 | $1,193 | $7,608 |