Car Total Cost of Ownership (5-Year) Calculator
Enter your purchase details, loan terms, driving habits and running costs to estimate the total 5-year cost of owning your car.
Car Total Cost of Ownership (5-Year) Calculator
Estimate the full 5-year cost of owning a car, combining loan payments, fuel, insurance and maintenance, minus its estimated resale value.
The sticker price is only part of what a car actually costs. This calculator adds up 5 years of loan payments, fuel, insurance and maintenance, then subtracts the car's estimated resale value, to show the true total cost of ownership.
Example
- With the default values shown above, this calculator returns: Loan Amount ≈ USD 25,000.00; Estimated Monthly Payment ≈ USD 489.15; Total Loan Payments over 5 Years ≈ USD 29,349.22; 5-Year Fuel Cost ≈ USD 7,500.00; 5-Year Insurance Cost ≈ USD 7,000.00; 5-Year Maintenance Cost ≈ USD 4,000.00; Estimated Resale Value after 5 Years ≈ USD 13,311.16; Total 5-Year Cost of Ownership ≈ USD 39,538.06.
Frequently Asked Questions
What's included in this estimate?
Down payment, loan payments over 5 years (or your loan term if shorter), fuel, insurance and maintenance, minus the car's estimated resale value after 5 years based on your depreciation rate.
What depreciation rate should I use?
New cars typically lose 15–20% of their value in the first year and roughly 10–15% per year afterward on average; luxury and electric vehicles can depreciate faster.