Use this calculator to estimate the total cost of owning a car in the UK including fuel, insurance, maintenance and depreciation.
Understanding the true cost of owning a car can help you budget more effectively and compare different vehicle options.
Calculate the Cost of Owning a Car
Enter your details below to estimate the total cost of owning a car.
What Does It Cost to Own a Car in the UK?
The total cost of owning a car in the UK typically ranges between £2,000 and £6,000 per year depending on the type of vehicle and how much you drive.
Costs vary based on fuel usage, insurance, maintenance, depreciation and road tax.
Breakdown of Car Ownership Costs
- Fuel costs
- Insurance
- Maintenance and servicing
- Depreciation
- Road tax
What Affects the Cost of Owning a Car?
- Vehicle type and value
- Annual mileage
- Fuel efficiency
- Insurance costs
- Maintenance requirements
Is Owning a Car Worth It?
Owning a car provides convenience and flexibility, but can be expensive over time.
Comparing the full cost of ownership with alternatives such as public transport can help determine if owning a car is the best option.
Cost of Owning a Car UK – FAQs
How much does it cost to own a car in the UK per year?
Most drivers spend between £2,000 and £6,000 per year depending on their vehicle and usage.
What is the biggest cost of owning a car?
Fuel and depreciation are often the largest costs, followed by insurance and maintenance.
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