Cost Per Mile Calculator



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Cost Per Mile Calculator is a tool to help car owners calculate the cost per mile of owning a car. The cost per mile calculator includes the purchase price, fees, and all costs associated of car ownership.

Purchase Price ($)
Resale/Trade-in Value ($)
Fuel Efficiency (MPG)
Fuel Cost per Gallon ($)
Annual Maintenance Cost ($)
Annual Insurance Cost ($)
Annual Other Costs (registration, tires, etc.) ($)
Miles Driven per Year
Years of Ownership
Depreciation$20,000.00
Total Fuel Cost$9,000.00
Total Maintenance$4,000.00
Total Insurance$6,000.00
Total Other Costs$1,500.00
Total Ownership Cost$40,500.00
Total Miles Driven60,000
Cost per Mile$0.675

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