Cost of Owning & Operating a Vehicle; Automobiles, Vans, and Trucks

Your Costs

1. Amount paid for your car $________ 
2. Cost of a tire to fit your car $________ 
3. Price of gasoline per gallon (including tax) $________ 
4. Price of oil per quart (including tax) $________ 
5. Annual cost of your insurance $________ 
6. Estimated cost of your daily parking $________ 
7. Estimated annual tolls $________ 
8. State registration fee for your car $________ 
9. Sales/titling/gas-guzzler and/or personal property tax $________ 
10. Mechanics labor charge per hour $________ 
11. Monthly interest cost ((Monthly payment x Number of months for loan) less
    (Amount of loan + Number of months for loan)) $________ 
12. Term of your auto loan $________ 
13. Your mileage for the year $________

Estimated First Year Cost

Ownership Costs (First Year) Total Cost per (Total Column + line 13)
14. Depreciation (37%2 of line 1) $________ ________ 
15. Insurance (line 5) $________ ________ 
16. Registration fee (line 8) $________ ________ 
17. Financing (12 x monthly interest cost) $________ ________ 
18. Sales/titling, and/or property tax (line 9) $________ ________ 
19. Inspection fee (include only for years in which inspection is required) $________ ________

Operating Costs3 (First Year)

20. Gasoline (Annual gallons used x line 3) $________ ________ 
21. Oil (line 13 + oil change interval x oil capacity x line 4) $________ ________ 
22. Maintenance and Repair ((0.35 + 0.65 x line 10 + $48.67) x first year scheduled and unscheduled repair
    and maintenance costs from appropriate table (2-9) for your vehicle class) $________ ________ 
23. Parking (240 x line 6) or actual days parked x daily cost $________ ________ 
24. Tolls (line 7) $________ ________ 
25. TOTAL COST (Add lines 14-25) $________ ________