Financial decision guide and interactive simulator

Car true cost calculator

What will this vehicle cost beyond the advertised instalment?

What this calculation is designed to show

Vehicle affordability includes finance interest, insurance, fuel, maintenance, licences and depreciation. Depreciation is not a monthly bill, but it is often one of the largest costs of ownership.

How to test the decision

Enter realistic annual distance and fuel consumption, then test a repair allowance and a lower resale value. Compare total monthly cost with take-home pay and essential expenses rather than comparing instalments alone.

Using the result responsibly

Change one important assumption at a time and compare a cautious case with the expected case. The interactive calculator below updates from the values you enter. Its output is an educational estimate, not financial, tax, legal or investment advice.

Read the calculation methodology or learn about The Finance Check.