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CAR COST CALCULATOR

INSTRUCTIONS

This calculator will help you calculate the total cost of running your car. Results can be seen on a yearly, monthly, daily or "per mile" basis.

  1. Enter the variables for your current or proposed car.
  2. Results will be calculated automatically as you enter the values.
  3. Click the "Calculate" button if you need to update your results.
ENTER DETAILS HERE    
 
Purchase cost $
Plan to change it after   years
Resale value after years $
     
RUNNING COSTS    
     
Annual mileage
  miles
Miles per gallon
  mpg
Gas/petrol price per gallon
$
Annual registration/road tax
$
Annual service
$
Insurance premium
$
Breakdown insurance
$
Maintenance costs
(eg Emergency repairs)
$ /year
Other
(eg Parking, fines)
$ /month
     
USAGE    
     
How many days a week on average do you use your car?  
     
FINANCE    
     
Monthly loan repayment
$
OR
Loan amount
$
Term
  months
Rate
  %
     
 
     
RESULT    
     
Your car is costing you:
   Per year: $
   Per month: $
   Per mile: $
   Per day used: $
     
     

NOTES

  1. Did you know your car is an asset you can borrow against?  Here's how title loans work.
  2. A metric version of this calculator is under development.
Rate Center
Today's Average Rates Across the Country*
Savings / MMA
Min BalanceNatl AvgFeatured
< $10k0.10%0.83%
$10k - $24.9k0.14%0.83%
$25k - $49.9k0.14%0.83%

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Last modified: Friday, March 24, 2017.