UK Car Running Cost Calculator

Calculate car running costs over 1 to 5 years, including depreciation, fuel or charging, tax, insurance, and servicing.

Estimate and compare the running costs of petrol, diesel, and electric cars. This UK car running cost calculator also shows total cost of ownership (TCO), monthly cost, cost per mile, and an EV-versus-petrol energy-cost comparison.

Planning Estimate & Disclaimer

Calculations use your input figures, standard UK fuel formulas (4.54609 litres per UK gallon), and compounding annual depreciation models. Actual running expenses vary based on driving style, electricity tariff terms, insurance risk profiles, and market resale value fluctuations.

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About UK Car Running Cost Calculator

UK Car Running Cost Calculator estimates and compares the cost of running petrol, diesel, and electric cars over one to five years. It combines depreciation, fuel or charging, road tax, insurance, and servicing, then presents the total cost of ownership (TCO).

How to use UK Car Running Cost Calculator

  1. Select vehicle powertrain type (Petrol, Diesel, or Electric EV) and enter purchase price.
  2. Enter vehicle efficiency (UK MPG or miles/kWh) and fuel or energy unit costs.
  3. Enter annual mileage, fixed running costs (insurance, VED road tax, servicing), and annual depreciation rate.
  4. Click Calculate to view total ownership cost, cost per mile, monthly cost, and EV vs Petrol cost savings.

Examples

Vehicle: Electric EV, Price: £28,000, Mileage: 10,000 miles/yr, Efficiency: 3.8 mi/kWh, Energy: 7.5 p/kWh, Term: 3 years Result: Total 3-Year TCO: £14,842.10 (£412.28/month, £0.49/mile). EV charging saves ~£1,365/year compared to a 42 MPG petrol car.

FAQ

What is included in Total Cost of Ownership (TCO)?

TCO combines vehicle value depreciation over your chosen period with total fuel or electricity costs, VED road tax, insurance, and routine maintenance/MOT expenses.

How does off-peak EV charging affect TCO?

Off-peak EV electricity tariffs (e.g. 7p–9p/kWh) can reduce fuel expenses by 70% to 80% compared to petrol or diesel, saving £1,000+ per year over 10,000 miles.