Travel & transport
Vehicle ownership cost
Combine depreciation and your running-cost assumptions over an ownership period.
A clear answer. Here’s how.
Total cost=purchase−resale+finance charges+years×(annual running costs+annual distance×litres/100km×fuel price). Reports total, annual, monthly and per-km cost. All prices and residual values are your assumptions in one currency; depreciation can be negative if resale exceeds purchase. Excludes any costs not entered and does not forecast resale or prices.
See a worked example
Worked example
A fixed demonstration, separate from the values you enter above.
- Purchase price
- 20000
- Assumed resale value
- 12000
- Years owned
- 4
- Annual distance (km)
- 12000
- Fuel consumption (litres per 100 km)
- 7
- Fuel price per litre
- 1.5
- Annual insurance, maintenance and fees combined
- 1500
- Total finance charges over ownership
- 0
Example result
- Total modelled ownership cost
- 19,040.00
- Annual equivalent
- 4,760.00
- Monthly equivalent
- 396.67
- Cost per km
- 0.3967
- Depreciation over ownership
- 8,000.00
- Annual fuel cost
- 1,260.00