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What Does My Vehicle Really Cost per Kilometre?

Work out what your work vehicle actually costs to run and own for every kilometre it drives: fuel, running costs, ownership and wear.

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From your logbook or odometer.

Fuel

What you usually pay.

Running costs a year

Ownership costs a year

Interest only, not principal repayments.

Tolls, parking, roadside assistance, cleaning.

Wear and replacement

What the vehicle loses in value while you own it. Leave blank to leave it out.

Your result

Enter your figures to see your result straight away. Nothing is sent anywhere.

How it's worked out

Every yearly cost of the vehicle is added up and divided by the kilometres it drives.

  1. Fuel a yearKilometres ÷ 100 × fuel use (L/100 km) × fuel price
  2. Running costsFuel + servicing + tyres + repairs
  3. Wear and replacement(What it cost − what you expect to sell it for) ÷ years you keep it
  4. Ownership costsRegistration + insurance + finance interest + other costs + wear and replacement
  5. Cost per kilometre(Running costs + ownership costs) ÷ kilometres a year

Ownership costs don't go away when the vehicle is parked, so fewer kilometres means a higher cost per kilometre.

Worked example

A ute that drives 30,000 km a year, uses 11 L/100 km at $2.00 a litre, and costs $2,600 a year in servicing, tyres and repairs. Registration, insurance, finance interest and other costs add $5,400. It cost $65,000 and should sell for $30,000 after 5 years.

Worked example figures
Kilometres a year30,000
Fuel11 L/100 km at $2.00
Vehicle cost / resale / years$65,000 / $30,000 / 5
Worked example results
Annual vehicle cost$21,600
Cost per kilometre$0.72
A 50 km trip$36.00

Fuel is only $0.22 of the $0.72. Ownership and wear make up most of the rest.

Assumptions

  • If you're registered for GST, enter costs excluding GST. If you're not, include it.
  • This is your actual operating cost. The ATO's cents per kilometre method is a tax deduction method with a set rate, not a measure of what your vehicle costs. Talk to your accountant about tax.
  • Wear and replacement is a simple straight-line estimate. Real resale values vary.
  • Finance principal repayments aren't a running cost: the vehicle's price is covered by wear and replacement.

This calculator estimates vehicle operating costs from the figures you enter. It isn't a tax method and isn't tax or financial advice.

FAQ

Vehicle Cost per km questions. Answered.

Is this the same as the ATO cents per kilometre rate?

No. The ATO rate is a set figure used to claim a tax deduction. This calculator works out what your own vehicle actually costs to run and own. Ask your accountant which tax method suits you.

Why include wear and replacement?

Because the vehicle loses value every year you use it, and one day you'll need to replace it. Leaving it out makes each kilometre look cheaper than it is.

Should I include finance repayments?

Only the interest. The principal pays for the vehicle itself, which is already counted in wear and replacement.

How do I use the cost per kilometre?

Multiply it by the kilometres a job needs, there and back, to see what the travel really costs. Your time travelling is separate.

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