See the true annual and per-mile cost of owning your car, combining payment, insurance, fuel, and maintenance.
The sticker price or monthly payment is only part of what a car really costs. Insurance, fuel, and maintenance add up fast, and this calculator combines them all into one clear monthly, annual, and per-mile figure.
Total Annual Cost = (Payment + Insurance + Fuel + Maintenance) × 12
Cost per Mile = Total Annual Cost ÷ Annual Miles Driven
A car costing $730/month in total, driven 12,000 miles/year, costs about $0.73 per mile to own and operate.
It's the full cost of owning a vehicle over time, including purchase/loan payments, depreciation, insurance, fuel, maintenance, and repairs — not just the sticker price.
Two cars with similar prices can have very different total costs due to differences in fuel efficiency, reliability, insurance rates, and depreciation.
Depreciation is often the largest single cost over a few years of ownership, frequently exceeding fuel or maintenance costs combined.