Transport
Used Car Ownership Cost Calculator
Estimate monthly and annual used-car ownership costs from purchase price, resale value, running costs, insurance, maintenance and tolls.
Quick math
Use this for quick arithmetic, percentages, or to check figures while filling in the main tool, without leaving the page.
Estimate
61,600 NOK per year to own and run
- Annual cost
- 61,600 NOK
- Monthly cost
- 5,133 NOK
- Cost per kilometre
- 5.13 NOK
How this breaks down
- Depreciation
- 18,000 NOK
- Fuel or charging
- 15,600 NOK
- Insurance
- 10,000 NOK
- Service
- 12,000 NOK
- Tolls
- 6,000 NOK
Straight-line depreciation from your purchase price to the resale value you expect. Loan interest is not added again if it is already in the price you pay.
How to use this tool
- Use Used Car Ownership Cost Calculator for the question described above, and check that the inputs match your records and time period.
- Enter used car purchase price.
- Enter expected resale value.
- Enter years you plan to own it.
- Enter kilometres per year.
- Enter fuel or electricity use per 100 km.
- Enter fuel or electricity price.
- Enter insurance per year.
- Enter maintenance and repairs per year.
- Enter tolls per year.
- Change used car purchase price, expected resale value, years you plan to own it, kilometres per year, fuel or electricity use per 100 km, fuel or electricity price, insurance per year, maintenance and repairs per year, tolls per year to compare scenarios, then check the units in the result.
Worked example with the prefilled values
This example shows how Used Car Ownership Cost Calculator uses its starting values. Change the calculator inputs to estimate your own situation.
- Used car purchase price
- 180000 NOK
- Expected resale value
- 90000 NOK
- Years you plan to own it
- 5 years
- Kilometres per year
- 12000 km
- Fuel or electricity use per 100 km
- 6.5 units/100 km
- Fuel or electricity price
- 20 NOK
- Insurance per year
- 10000 NOK
- Maintenance and repairs per year
- 12000 NOK
- Tolls per year
- 6000 NOK
61,600 NOK per year to own and run
- Annual cost61,600 NOK
- Monthly cost5,133 NOK
- Cost per kilometre5.13 NOK
Straight-line depreciation from your purchase price to the resale value you expect. Loan interest is not added again if it is already in the price you pay.
Formula and calculation logic
Annual depreciation = max(0, purchase price − resale value) ÷ ownership years
Annual energy cost = annual kilometres ÷ 100 × consumption per 100 km × unit price
Annual ownership cost = depreciation + energy + insurance + service + tolls; monthly cost = annual cost ÷ 12
Estimate monthly and annual used-car ownership costs from purchase price, resale value, running costs, insurance, maintenance and tolls.
The displayed formula below shows how the entered values are combined.
Assumptions
- Uses the values entered and simplifies real contracts, tax rules or personal circumstances. Update example values before relying on the estimate.
Published sources
Further reading for checking current rules and information. These links are not live inputs to the tool.
Questions about this tool
Does this estimate used-car costs?
Yes. Enter a purchase price and expected resale value for your ownership period, plus annual running costs.
Does this include financing?
No. It estimates depreciation and running costs. Add financing costs separately if you need a cash-flow budget.
Are repairs and tyres included?
Include expected repairs, tyres and maintenance in the annual maintenance field.