Car Cost Calculator
 
 

Car Cost Calculator

This car cost calculator figures the true cost cost of ownership for running either one car or comparison between two cars.

This calculator makes it easy to compare car costs on totally different deals from new to used factoring in all the relevant expenses (depreciation rates, interest rates, purchase prices, insurance costs, mpg ratings, etc.).

To calculate costs for a single car click on the "Single Car Calculation" radio button, fill in the left-hand column with the vehicle cost data and then click the "Calculate Car Cost" button. To compare two cars click on the "Double Car Calculation" radio button, fill in the both columns data and then click the "Calculate Car Cost" button. If both vehicles have similar data, you can fill in the first column with the "Single Car Calculation" radio button selected, and then click on the "Copy Car #1 Entries to Car #2" button to fill in the right-hand column (be sure to switch to the "Double Car Calculation"). Then just change any cells that are different before calculating.

Single Car Calculation Double Car Calculation
Entry Descriptions Car #1 Car #2
Purchase price:
Enter sales-tax percentage:
Enter annual license cost:
Enter extended warranty cost:
Will you be financing this car?:
Enter down payment amount:
Enter financing rate (APR):
Enter financing term (# months):
Enter annual insurance cost:
Enter expected annual driving mileage:
Enter car Miles Per Gallon rating:
Enter cost of one gallon of gasoline:
How many years old is the car?:
How many years do you expect to own this car?:
Enter estimated monthly maintenance/ repair cost:
Tax, License, and Warranty Costs:
Depreciation Costs:
Finance Costs:
Insurance Costs:
Fuel Costs:
Maintenance & Repair Costs:
Total cost of owning the car:
Annual cost to own this car:
Cost per mile:

 






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