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Total Cost of Ownership for Cars

I created a spreadsheet to compare the total cost of ownership between different cars.

To view, download, and edit the spreadsheet at Google Spreadsheets: http://spreadsheets.google.com/ccc?key=pCRoTBbGNNnWWlB6TDkmQDw

It basically concludes that hybrids still aren't worth the price. But at least it's still a good statement. Just an expensive statement.












TCO Summary2006 PriusCivic HybridTDICivic LXHonda Fit99 Ford Escort2003 Jetta2004 PriusSalv 2004 Civic 35k

Base price$26,000.00$22,000.00$16,091.00$17,000.00$15,700.00$5,000.00$8,000.00$22,988.00$9,555.00

Sales Tax$2,145.00$1,815.00$1,327.51$1,402.50$1,295.25$412.50$660.00$1,896.51$788.29

Tax + Base$28,145.00$23,815.00$17,418.51$18,402.50$16,995.25$5,412.50$8,660.00$24,884.51$10,343.29

Annual fuel cost$1,764.71$2,250.00$2,045.45$2,571.43$2,727.27$3,103.45$3,103.45$1,764.71$2,812.50

Monthly insurance$60.00$60.00$60.00$60.00$60.00$60.00$60.00$60.00$60.00

Monthly loan payment*$484.72$410.15$299.98$316.93$292.70$93.22$149.14$428.57$178.13

Monthly fuel cost$147.06$187.50$170.45$214.29$227.27$258.62$258.62$147.06$234.38

Total Monthly$691.78$657.65$530.44$591.22$579.97$411.84$467.76$635.62$472.51












Loan variables









Interest rate4.50%4.50%4.50%4.50%4.50%4.50%4.50%4.50%4.50%

Loan period in years555555555

# payments per year121212121212121212












Fuel Variables









$USD/gallon$4.50$4.50$4.50$4.50$4.50$4.50$4.50$4.50$4.50

Miles/year20000.0020000.0020000.0020000.0020000.0020000.0020000.0020000.0020000.00

Miles/gallon51.0040.0044.0035.0033.0029.0029.0051.0032.00

























Tax Variables











Sales tax rate8.25%8.25%8.25%8.25%8.25%8.25%8.25%8.25%8.25%8.25%8.25%














Insurance Variables












































































* Assumes tax is paid out of pocket and 100% of car is financed










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