True Cost of Owning Your Car

Break down the complete costs of car ownership including depreciation, insurance, fuel, maintenance, tax, MOT, and parking. See how different fuel types, engine sizes, and driving patterns affect your budget.

⏱️ 3-5 minutes • 💪 Short

Updated February 2026

How This Tool Works

📋 Purpose

This tool shows the full yearly cost of running a car in the UK. It combines real API data (DVLA and UK fuel prices), benchmark tables for costs like insurance and depreciation, and clear calculations so you can compare options with confidence.

⚙️ How It Works

  1. 1
    Optional: enter your registration to load real DVLA vehicle data (fuel type, engine size, age, tax).
  2. 2
    Enter postcode and annual mileage so regional and usage adjustments are applied.
  3. 3
    The tool combines real data + benchmark cost tables (estimated) + deterministic formulas (calculated).
  4. 4
    You can override insurance, parking, and EV charging values with your own real numbers.
  5. 5
    Review annual and monthly totals, cost per mile, and EV comparison results.

Your Details

Enter your car information

Enter your UK registration number for accurate tax and vehicle details

Optional: Override Estimates

£
£
p

Leave blank to use -p/kWh (source: unavailable).

Ready to Calculate

Fill in your details and click "Calculate Costs" to see your personalized report

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Complete Guide

Quick Tips

Jump-start your understanding with these essential tips

Step-by-Step Guide

Follow these steps to get the most from this tool

Optional: UK registration lookup: Enter your registration plate (e.g., AB22 XYZ) and the tool pulls DVLA data: fuel type (petrol, diesel, hybrid, electric), engine size (cc), year/age of car, tax band. This auto-fills key fields, reducing manual entry. "Why register?" Ensures accuracy—your specific car's specs matter (turbocharged petrol differs from naturally-aspirated). Electronic data beats guessing.

Manual entry if registration unknown: Select fuel type (assume petrol for standard cars, diesel for older large cars, electric if you want EV comparison). Engine size: 1.2L typical small car, 1.8L+ typical SUV/sedan. This matters—larger engines cost more to fuel, to insure (road tax), and depreciate faster.

Special case - electric vehicles: EV entry skips fuel type/engine questions. Focuses on battery size (kWh), charging efficiency. This tool 'electrifies' your assumptions to show EV vs petrol/diesel directly.

Advanced Topics

Deep dives for advanced users

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Frequently Asked Questions

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