Vehicle Cost Of Ownership
Estimate total monthly and yearly vehicle ownership costs including purchase, fuel, insurance, and maintenance
Ownership Inputs
Price of the Car
On-road purchase price
Ownership Period
How long you plan to own the car
Purchase Method
Loan Details
Down Payment
20% paid upfront
Loan Duration
5 years
Annual Loan Interest Rate
Typical vehicle loan rates range from 9% - 20%
Running Cost Details
Fuel Mode
Unit Cost (L)
Average fuel price per litre
Fuel Efficiency
Typical efficiency is 8 - 18 km/L
Distance Driven per Month
Estimated monthly travel distance
Insurance Cost per Year
Full insurance premium per year
Regular Service Cost per Year
Scheduled service visits
Maintenance & Repairs per Year
Tyres, wear-and-tear, and unplanned fixes
Registration / Taxes per Year
Annual licensing and statutory costs
Parking & Tolls per Year
Regular parking, expressway and city tolls
Estimated Total Monthly Ownership Cost
Rs. 211,273.35
over 5 years
Monthly Car Payment
Rs. 106,773.35
loan installment
Monthly Running Cost
Rs. 84,500.00
fuel + insurance + yearly costs
Monthly Fuel Cost
Rs. 48,666.67
1600.0 L/year
Annual Running Cost
Rs. 1,014,000.00
for 24,000.00 km/year
Total Loan Amount
Rs. 4,800,000.00
principal borrowed from bank
Total Settle Amount
Rs. 6,406,400.93
loan + interest (interest: Rs. 1,606,400.93)
Upfront Payment Monthly Spread
Rs. 20,000.00
Total Ownership Cost
Rs. 12,676,400.93
over 5 years
Breakdown
This estimate helps compare ownership scenarios. It does not include resale value, depreciation, financing fees, or insurance claim variations.
Plan true ownership cost with purchase, fuel, insurance, and recurring expenses
How this vehicle cost of ownership calculator works
This calculator estimates total vehicle ownership cost in Sri Lanka by combining purchase or loan cost with annual running expenses such as fuel or charging, insurance, servicing, maintenance, taxes, parking, and tolls.
It outputs monthly and full-period ownership costs so you can compare affordability across petrol, diesel, and EV scenarios before buying.
Assumptions and limitations
The estimate does not include resale value, depreciation curves, registration transfer charges, one-time financing fees, or unexpected major repairs.
Fuel prices, insurance premiums, and maintenance costs can fluctuate significantly, so refresh your assumptions regularly for better planning accuracy.
Frequently asked questions
What is included in total ownership cost?
The result includes purchase or finance costs plus fuel or electricity, insurance, service, maintenance, annual taxes, and parking or toll expenses over the selected period.
Does this calculator compare EV and fuel vehicles?
Yes. Switch fuel mode between petrol, diesel, and EV and adjust unit cost and efficiency assumptions to compare monthly and long-term ownership cost.
Is depreciation included in this estimate?
No. Depreciation and resale value are excluded. Include those separately if you want a net cost of ownership analysis.
See the full picture beyond monthly loan or lease: fuel, service, insurance, and other recurring costs help you budget realistically.
Frequently asked questions
- Should I include loan and lease together?
- Pick the financing path you use and add fuel and maintenance. Avoid double-counting the same vehicle twice.
- How accurate is fuel cost?
- It depends on km driven and efficiency. Update distance and price per litre regularly.
- Does depreciation affect cash flow?
- Depreciation is not a monthly bill but affects resale. Use it for total economic cost.