Why is the cost more than the loan?

The loan is only part — fuel, insurance, maintenance, and depreciation add a lot.

What's depreciation and why does it matter?

It's the car losing value each year — the biggest hidden cost of ownership.

We use an approximate country price; you can enter your actual price.

Pick a more fuel-efficient car, compare insurance, and cut unnecessary distance.

No, the calculation is entirely local.

See the true monthly and annual cost of owning a car.

Decision calculatorGeneral editable assumptionsGlobal-readyScenario comparisonInteractive chart

Last updated: 2026-05-16

This calculator uses generic assumptions. Use advanced mode to override them for a more accurate result.

Source: default

Monthly = Loan + Fuel + Insurance/12 + Maint/12 + Depreciation

Why is the cost more than the loan?: The loan is only part — fuel, insurance, maintenance, and depreciation add a lot.
What's depreciation and why does it matter?: It's the car losing value each year — the biggest hidden cost of ownership.
Where does the fuel price come from?: We use an approximate country price; you can enter your actual price.
How do I lower the cost?: Pick a more fuel-efficient car, compare insurance, and cut unnecessary distance.
Do you store my data?: No, the calculation is entirely local.

Results are estimates and not professional advice. Verify important decisions with a qualified professional.