True Cost of Vehicle Ownership Calculator

See beyond the sticker price. Our free TCO calculator reveals the complete 5-year cost of owning any Gas, EV, or Hybrid vehicle.

24,300+ Calculations Run
★★★★★ 4.8/5 734 Reviews
25+ Vehicles Covered

Quick Estimate

Popular Vehicle TCO Reports

Pre-configured cost analyses for popular vehicles

Full TCO Calculator

Adjust the sliders below. Results update in real time.

Compare Two Vehicles
Lease vs Buy

Vehicle A - Inputs

Vehicle Type

Vehicle B - Comparison

Vehicle Type

Results - Vehicle A

5-Year TCO
$0
Per Month
$0
Per Mile
$0
Per Day
$0

Cost Breakdown

Cost by Category

Annual Cost Breakdown

YearDepreciationInterestFuelInsuranceMaintenanceAnnualCumulative

Resale Value Over Time

Enable "Compare Two Vehicles" above to see comparison.

Lease vs. Buy Analysis

Buy Total (5yr)
$0
Lease Total (3yr)
$0
Verdict
-

PrismLife 2026 Top 20 TCO Index

5-year total cost of ownership for popular vehicles.

How to Calculate Your Vehicle's True Cost

Follow these 5 simple steps

  1. Select Vehicle Type

    Choose Gas, EV, or Hybrid.

  2. Enter Purchase Details

    Set MSRP, down payment, loan rate and term.

  3. Configure Operating Costs

    Adjust mileage, fuel efficiency, insurance, maintenance.

  4. Review Your TCO Breakdown

    See 5-year total, per-month, per-mile figures.

  5. Compare and Share

    Toggle comparison mode or share your results.

Frequently Asked Questions

Depreciation

We use KBB-style curves: 20% in Year 1, then 10% of remaining value for Years 2-5. Source: Kelley Blue Book, Edmunds.

Financing

Loan interest calculated using standard amortization formula. Source: Federal Reserve.

Fuel / Energy

Gas: (Miles / MPG) x $/gallon. EV: Miles x kWh/mi x blended rate. Source: DOE AFDC, EIA.

Insurance and Maintenance

Based on AAA annual driving cost studies and Insurance Information Institute data.

"The sticker price is just the opening act. Over five years, depreciation alone can exceed the combined cost of fuel and maintenance."

- Theo Marchetti, MS Energy Economics

Theo Marchetti

MS Energy Economics - Vehicle Ownership Cost Researcher

Theo has spent over a decade analyzing vehicle ownership costs and fleet electrification economics. He holds an MS in Energy Economics from Columbia University.

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This page was drafted with AI assistance and reviewed by Theo Marchetti. Peer-reviewed by Iris Halverson, PE. Last updated: