Plan smarter hybrid budgets with detailed ownership projections. Adjust miles, fuel, loan terms, and incentives. Download clean reports and compare scenarios before buying today.
| Scenario | Purchase | Years | Annual miles | Fuel economy | Fuel price | Resale | Estimated total cost | Cost per mile |
|---|---|---|---|---|---|---|---|---|
| Hybrid commuter | $32,000 | 5 | 12,000 | 48 MPG | $3.60 / gallon | $14,000 | $34,900 | $0.58 |
| Plug-in hybrid mix | $39,000 | 6 | 10,000 | 42 MPG | $3.80 / gallon | $16,500 | $38,600 | $0.64 |
| High-mileage driver | $30,000 | 4 | 20,000 | 46 MPG | $3.50 / gallon | $12,000 | $36,200 | $0.45 |
The calculator produces a full ownership total, an average monthly cost, and a cost per mile figure. These KPIs summarize depreciation, interest, and operating expenses into one comparable number. For example, a five‑year plan at 12,000 miles per year converts to 60,000 total miles, allowing clean per‑mile benchmarking across vehicles.
Depreciation is modeled as net purchase minus resale. Net purchase includes sales tax and subtracts incentives, reflecting real cash paid at delivery. If resale is uncertain, you can estimate it using an annual depreciation rate so the tool projects the market value curve over time.
Loan cost is computed from an amortization schedule, then interest is summed only for the months you keep the car. This matters when you sell early: the remaining balance can reduce your sale proceeds even if the vehicle’s resale price stays strong. The report surfaces both interest paid and the estimated balance at sale.
For standard hybrids, fuel miles equal total miles. In plug‑in mode, you set an electric share, and the tool splits distance into fuel miles and electric miles. Fuel expense uses miles divided by efficiency, while electric expense uses miles multiplied by kWh per mile. Unit switches handle kilometers, liters, and L/100 km without changing the underlying math.
Insurance, maintenance, registration, tires, parking, and tolls often rise each year. The calculator applies a user‑set inflation rate to annual costs, compounding them year by year. This prevents underestimating long ownership horizons where a small annual increase can meaningfully change the total.
Because all inputs are editable, you can run best‑case and conservative scenarios by changing resale, fuel price, or annual mileage. The downloadable CSV supports quick filtering and side‑by‑side comparisons in spreadsheets. The PDF report is designed for sharing with partners, budgets, or purchase approvals. Use the energy per mile metric to test whether higher purchase prices are offset by lower running costs. Small changes in annual miles shift results more than one-time fees, so treat mileage as the sensitivity lever.
It combines depreciation, financing interest during your ownership period, fuel and optional electricity, maintenance, tires, insurance, registration, parking and tolls, plus any scheduled battery event. It does not include accident repairs or taxes on investment returns.
Use a realistic end‑of‑ownership resale based on local listings, trade‑in tools, and expected mileage. If uncertain, switch to the depreciation‑rate method and test a low, medium, and high rate to bracket outcomes.
Plug‑in mode splits total miles into electric and fuel miles using your electric share. Electric cost uses kWh per mile and price per kWh, while fuel cost uses MPG and fuel price. Set electric share to zero for standard hybrids.
Many running costs rise annually. The calculator compounds your yearly expenses and energy prices by the inflation rate, so longer ownership periods reflect realistic increases. Set it to zero if you want today’s prices held constant.
The amortization schedule estimates the remaining balance at your sale month. You may need to pay that balance from your resale proceeds, even if you stop making monthly payments. The report shows interest paid and remaining balance for clarity.
Yes. Enter one vehicle’s inputs, calculate, and download a CSV or PDF. Then change inputs for the next vehicle and repeat. Keeping the same ownership years and annual miles makes the cost per mile and monthly cost directly comparable.
Important Note: All the Calculators listed in this site are for educational purpose only and we do not guarentee the accuracy of results. Please do consult with other sources as well.