What a car really costs
The windscreen price is the smallest part of it.
Result
Over 5 years this car costs €29,161.42 — €486.02 a month.
That is €0.39 for every kilometre you drive.
The biggest single cost is depreciation, 37.7% of the total.
Where the money goes
depreciation€11,000.00
loan interest€3,236.42
fuel€8,925.00
insurance€3,000.00
servicing€2,250.00
tax and the rest€750.00
Total€29,161.42
a year€5,832.28
Loan term€320.61 × 5 years
What this means
Depreciation is usually the largest line and the one nobody budgets for, because it is never charged to you — it just quietly happens between the day you buy and the day you sell. Financing only counts the interest you pay while you still own the car.
Next step
Put this in a plan
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