Money & Planning

Car Ownership Monthly Cost Calculator

Estimate the real monthly cost of owning a car, including depreciation, loan interest, fuel, insurance, maintenance, fees, and parking.

Last updated: August 2026

Purchase price

Ownership period (years)

Expected resale value Enter expected resale value Use depreciation rate

Expected resale value

Financing Cash purchase Auto loan

Driving and fuel

Miles driven per yearFuel economy (MPG)Fuel price ($ per gallon)

Other costs

Insurance per monthMaintenance and repairs per yearRegistration and taxes per yearParking per monthOther costs per monthUpfront taxes and purchase fees

Cost breakdown

Year-by-year summary

Year	Estimated vehicle value	Loan balance	Depreciation to date	Operating cost	Cumulative cost

This is a planning estimate, not an appraisal or loan quote. It excludes unexpected major repairs, accidents, tolls, fines, and changing fuel or insurance prices unless entered. Down payment and loan principal are not counted twice: depreciation represents vehicle value consumed.