True Cost of Owning a Car
The sticker price is just the beginning. See your monthly all-in cost, 5-year total, cost per mile, depreciation schedule, and net cost after resale. Buy vs lease comparison included.
Car & Loan
Monthly Payment
$441
loan only
Monthly All-In
$785
everything included
5-Year Total
$50,075
before resale
Cost per Mile
$0.78
at 12k mi/year
Hidden costs
Your insurance + fuel + maintenance + registration = $344/month — 0.8x your loan payment. Most first-time buyers only budget for the car payment.
5-Year Cost Breakdown
Depreciation Schedule (used car)
| Year | Est. Value | % Retained | Lost This Year |
|---|---|---|---|
| Year 0 | $25,000 | 100.0% | — |
| Year 1 | $22,000 | 88.0% | −$3,000 |
| Year 2 | $19,360 | 77.4% | −$2,640 |
| Year 3 | $17,037 | 68.1% | −$2,323 |
| Year 4 | $14,992 | 60.0% | −$2,044 |
| Year 5 | $13,193 | 52.8% | −$1,799 |
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