Car Cost Calculator

Calculate what it costs to run your car and compare the cost to other forms of transport

*This calculator does not take into consideration vehicle depreciation, only out of pocket expenses required to own a car

Car Cost Calculator Many people don’t know what the actual out of pocket costs are for

owning a car. If you are a two car household, you will be able to weigh up the cost benefits or deficits of being a one car household when you

assess what the out of pocket expenses for an extra car really cost.

Although there may be cost benefits associated with rethinking our car use, there are also health and environmental benefits to be had by

using alternative means of transport.

Take the time to consider the alternatives available to you.

Car Cost Calculator To estimate your out of pocket costs of running a vehicle, follow the simple

instructions on the following pages. You will need to look back over the bills you have paid in the last 12 months and to keep a record for a short

time of fuel costs and kilometres travelled. Example – How to calculate your fuel costs per kilometre:

If you calculate your fuel costs over a typical one month period, you can then estimate the number of kilometres you would be likely to travel in a year by multiplying the monthly total kilometres by 12.

Litres Cost Odometer

Start with a full tank $00.00 65431

13 $20.02 65561

20 $30.80 65761

17 $26.18 65931

50 litres $77.00 500km

Kilometres per litre: 500 ÷ 50 = 10km/l Fuel cost cents per kilometre: $77.00 ÷ 500 = 0.154c/km

Car Cost Calculator Your fuel cost calculations : Start date ___/___/____

Litres Cost Odometer

Start with a full tank $00.00

Totals: litres $ km

Kilometres per litre: ___km ÷ ___ litres = ___km/l Fuel cost cents per kilometre: $__.__ ÷ ___km = _.___ c/km

Car Cost Calculator To determine your annual per kilometre out of pocket costs

complete the table below:

Operating Costs

Cost of fuel cents per km Total km’s driven (12 months) Total fuel Cost Maintenance Tyres Total Operating Costs (A)

+

x = + + =

_______ ‗‗‗‗‗‗‗ _______ _______ ‗‗‗‗‗‗‗ _______

Ownership Costs

Insurance Green Slip Registration Annual Licence (1 or 2) Car Loan Repayments Total Ownership Costs (B)

+

+ + + +=

_______ _______ _______ _______ _______ ‗‗‗‗‗‗‗

Other Costs

Car wash Accessories (GPS Phone etc.) Parking Charges Total Other Costs (C)

+

+ + =

_______ _______ _______ ‗‗‗‗‗‗‗

Total running costs (A+B+C) Total kilometres Driven Cost per kilometre

= ÷ =

‗‗‗‗‗‗‗ _______ ‗‗‗‗‗‗‗

Car Cost Calculator

Here are the approximate prices of other forms of transport:

*Based upon walking 4km a day for 12 months and paying $300 for walking gear

**Based upon cycling 8km a day for 12 months and paying $1,000 for cycling gear

***Based upon trips of 12km or less (booking fee $1.10 flag fall $4.00 approx.)

****Based upon regular trips being shared equally with one other person

Walking: $0.20c/km*

Cycling: $0.35c/km**

Taxi: $2.20/km + booking & flag fall charges***

Carpooling: Half the cost of your current c/km total****

Car Cost Calculator You can reduce the cost of your out of pocket expenses by simply choosing

to use one or more different modes of transport.

The great thing about including walking and/or cycling into your transport menu is that you can improve your wellbeing as well as saving money on transport. People who live less than 4km from work can easily achieve

their 30 minutes of exercise per day simply by walking or cycling to work. And don’t forget – it is environmentally friendly!

Taxi’s, although they may seem expensive at first, are often not as expensive as running your own car.

Carpooling is a great way to save money, meet new people in your community and reduce your green house gas emissions at the same time.

You can literally halve your fuel costs for work travel instantly!

The cost of using buses varied significantly across the region as well as the length of journey. As such a per kilometre estimate was not able to be calculated.

Car Cost Calculator

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