Maintenance
What Is 5-Year Cost to Own?
The 5-Year Cost to Own is the total amount of vehicle-related costs you will likely have to cover during the first 5 years of owning a car. This includes out-of-pocket expenses like fuel and insurance, and vehicle depreciation (loss in value).
Out of pocket expenses Repairs Maintenance State Fees Insurance Financing Fuel
Repairs
State Fees
Insurance
Financing
Fuel
+
=
Loss in value Depreciation
Depreciation
5-Year Cost
to Own
to Own
Hover to see more detail
How Does It Help You Compare?
Even if two vehicles are priced the same, that doesn’t mean they will cost the same over time. Knowing the 5-Year Cost to Own ahead of time can help you save money in the long run.
Sample Sedan A Purchase Price: $19,272
Out of
pocket
$22,633 +
Loss in value
$13,365 =
5-Year
Cost to Own $35,998
Cost to Own $35,998
Sample Sedan B Purchase Price: $19,272
Out of
pocket
$23,965 +
Loss in value
$14,403 =
5-Year
Cost to Own $38,368
Cost to Own $38,368
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