How This Tool Works
📋 Purpose
Understanding the true cost of car ownership helps you make informed decisions about vehicle purchases and budgeting. This tool breaks down all expenses including depreciation, insurance, fuel, maintenance, tax, MOT, and parking to show the complete financial picture.
⚙️ How It Works
- 1Optional: enter your UK registration to pull DVLA data (fuel type, engine size, age, tax) automatically
- 2Enter your UK postcode to set your region so insurance and fuel assumptions stay UK-accurate
- 3Set your annual mileage with the slider (0–50,000 miles; 12,000 is a typical UK average)
- 4Review fuel type and engine size (EVs lock to N/A); adjust car age for realistic depreciation
- 5Add optional overrides for monthly insurance or parking if you want to use your own figures
- 6Press "Calculate Costs" to see the personalized breakdown, benchmarks, scenarios, and EV comparison
True Cost of Owning Your Car
Calculate the real cost of car ownership including depreciation, insurance, fuel, maintenance, and more
Your Details
Enter your car information
Enter your UK registration number for accurate tax and vehicle details
Optional: Override Estimates
Ready to Calculate
Fill in your details and click "Calculate Costs" to see your personalized report
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Frequently Asked Questions
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