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RiverMath

Car running cost

Fuel is yearly kilometres × litres per 100 km × the price. Insurance, service and the other pot are yearly cash. Depreciation is (purchase − what you think it will sell for) ÷ years you keep it. Per kilometre is the yearly total divided by kilometres. Financing interest, a write-off and the time you sit in traffic are not in the figure.

Cost per month
1,356
Cost per year
16,276
Cost per kilometre
1.36
Fuel in a year
5,376
Depreciation in a year
7,000

Cost per month: 1,356

Compare with the EV page if the alternative is a plug-in. A second car used only at weekends still carries insurance and depreciation.

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An educational estimate. Not medical, tax or credit advice.

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