Why include depreciation?
Depreciation is often the largest hidden cost of owning a car. It is the gap between purchase price and expected resale value.
Car ownership cost calculator
Estimate true car ownership cost, loan impact, and cost per mile.
Go beyond the purchase price by including depreciation, financing, fuel or charging, insurance, maintenance, registration, ownership years, and annual miles.
Ad placeholder - auto insurance, loan comparison, or EV charging affiliate slot
What is cost per mile?
Cost per mile divides depreciation, operating costs, and estimated finance interest by total miles driven. It helps compare vehicles with different prices and operating costs.