Total Cost of Ownership
Find how much you spend in 5 years
What is Total Cost of Ownership (TCO)?
TCO is an estimate of the total cost to own a car for a five year period. It includes all the expenses spent on fuel, insurance, maintenance, repairs, service, interest on loan payments as well as the losses incurred due to depreciation of the car at the end of the same period.
Day to Day Expenses
+
Depreciation
Loss in Value
=
Total Cost of Ownership