About CostMyCar

    Free vehicle ownership cost calculator helping drivers in 11+ countries make smarter car buying decisions by comparing EV, hybrid, and petrol vehicles.

    CostMyCar was created to solve a common problem: understanding the true cost of owning a vehicle. Whether you're considering your first electric car, comparing hybrid options, or simply want to budget for petrol vehicle ownership, our free calculator provides transparent, accurate cost projections for 1-20 years.

    We support 11 countries with localised calculators: New Zealand (with RUC), Australia (with stamp duty), USA (with federal tax credits), United Kingdom (with VED and MOT), Canada (with iZEV rebates), India (with FAME subsidies), Germany, France, Netherlands, Norway, and Spain.

    Our Mission

    Provide free, transparent, and accurate vehicle cost comparisons that empower drivers to make informed decisions about EV, hybrid, and petrol vehicles.

    Our Approach

    Comprehensive cost analysis including purchase price, fuel/electricity, maintenance, insurance, depreciation, and country-specific charges like RUC, VED, and road tax.

    Who We Serve

    First-time car buyers, EV adopters, fleet managers, and anyone wanting to understand the true cost of vehicle ownership over time.

    Global Coverage

    11 country-specific calculators with local currency, taxes, incentives, and regulations. From NZ RUC to UK VED to India FAME subsidies.

    Accurate Data

    Regularly updated default values for fuel prices, electricity rates, insurance averages, and depreciation rates based on current market data.

    Long-term Projections

    See costs over 1-20 years with yearly breakdowns. Identify when EVs become cheaper than petrol and plan your vehicle budget accordingly.

    Why Understanding Vehicle Cost Matters

    When buying a vehicle, the sticker price is just the beginning. The total cost of ownership over 5-10 years can vary by tens of thousands of dollars between vehicle types. Understanding these differences is crucial for making a sound financial decision.

    Electric vehicles, for example, often have higher upfront costs but significantly lower running costs. Our calculator shows you exactly when an EV breaks even compared to a petrol vehicle based on your specific usage patterns — annual mileage, local electricity rates, and available incentives.

    We're committed to providing accurate, up-to-date information for all 11 supported countries, taking into account regional differences like Road User Charges in New Zealand, VED road tax in the UK, federal tax credits in the USA, and FAME subsidies in India.