Per-mile cost typical?

Compact: $0.45-0.55. Mid-size: $0.60-0.75. Full-size SUV: $0.80-1.00. EV: $0.55-0.70 (lower fuel, higher depreciation).

Insurance for new car?

New vehicles: $1500-3000/yr typical. Older cars (10+ years): drop comprehensive to save $500/yr.

Buy 2-3 year old (skip biggest depreciation drop). Choose top-fuel-economy trim. Top-resale brand. DIY simple maintenance.

Includes parking/tolls?

No — add separately if relevant. Urban TCO can add $2000-5000/yr in parking.

Total Cost of Ownership (Car)

Purchase + insurance + fuel + maintenance + depreciation over N years.

Result

Total cost over 5 yr

$43,000

$8,600/yr · $0.72/mile.

Purchase$35,000
Resale value$12,000
Depreciation$23,000
Insurance total$9,000
Fuel total60000 mi / 30 mpg × $3.5$7,000
Maintenance total$4,000
Total cost$43,000
Per year$8,600
Per mile$0.717

Step-by-step

Depreciation = price − resale = $23,000.
Insurance = 150/mo × 60 mo = $9,000.
Fuel = miles / mpg × $/gal = $7,000.
Total = depreciation + ins + fuel + maint = $43,000.

How to use this calculator

Enter all line items.
Estimate resale at end (KBB).
Read total + per-year + per-mile costs.

About this calculator

Total cost of ownership is what cars actually cost — typically 1.5-2× the sticker price over a 5-year period when you include depreciation, insurance, fuel, and maintenance. AAA puts average TCO at $0.60-0.75 per mile for a typical mid-size sedan over 5 years. Trucks and SUVs run higher ($0.80-1.00/mi); compact economy cars lower ($0.45-0.55/mi). EVs save ~$1500/yr on fuel + maintenance but depreciate faster (currently).