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Vehicle TCO Calculator

Estimate total vehicle ownership cost over a chosen period from purchase, annual running and resale assumptions.

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Free tool

Vehicle purchase price.

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Fuel, energy and other recurring costs per year.

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Ownership period.

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Estimated sale value at the end of ownership.

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Formula

Simple TCO = purchase price + annual running cost × years − expected resale value.

Simple TCO = purchase price + annual running cost × years − expected resale value.

How it works

1

Enter purchase price and annual running cost.

2

Enter ownership period.

3

Enter expected resale value and review total cost and annualized cost.

Important notes

This is a simplified ownership model and can be expanded with financing, insurance, maintenance, taxes and charging/fuel costs.