Online Car Cost Calculator and 2012 AAA Car Cost Breakdown

Do you really know how big a bite your car is taking from your pocketbook? Does roughly double the price of a modestly priced new car over five years sound about right? As they say, “Your mileage may vary,” but even inexpensive and older cars cost much more than they first appear.

For car cost numbers for small, medium and large sedans check out AAA’s Your Driving Costs 2012 brochure (PDF).

Edmunds True Cost to Own Car Cost Calculator This calculator allows you to calculate true costs of ownership on a very wide variety of new and used cars. 

Your Vehicle's Depreciation

To see how much value your vehicle will lose this year, use the examples at the bottom of the page OR use an easy online Car Depreciation Calculator to get an even more accurate number. In this calculator you can enter any car’s price, age and length of ownership and it will calculate depreciation, but not total ownership costs.Definitions and instructions are below the calculator.You can use any car price, age or ownership period.  

Average Per Year Depreciation Examples           (Source: AAA figures 2007)

* Small Sedan examples: Chevy Cobalt, Ford Focus, Honda Civic, Nissan Sentra, Toyota Corrola
* Medium Sedan examples: Chevy Impala, Ford Fusion, Honda Accord, Nissan Altima, Toyota Camry
* Large Sedan examples: Buick Lucerne, Chrysler 300, Ford Five Hundred, Nissan Maxima, Toyota Avalon