Worked example
A $18,000 used car with $900 fees, $1,200 insurance, $1,000 maintenance and $1,800 annual fuel over four years, then sold for $10,000, costs an estimated $24,900 total.
Assumptions and limits
Indicative model using the same annual running costs throughout ownership. Unexpected repairs, financing, taxes, parking, depreciation and changes in fuel prices are not included unless you add them yourself.
Frequently asked questions
What is the total cost of owning a used car?
The estimate adds purchase price and upfront fees, recurring costs for the chosen period, and subtracts expected resale value. It does not predict repairs or future market prices.