Car Cost Calculator

Calculate and compare car ownership costs versus alternative transportation methods in Greece.

Comprehensive analysis including purchase price, financing, depreciation, insurance, maintenance, fuel, and transportation alternatives.

Payment Method

Loan Parameters

💡 Cars typically lose 5-15% of their value annually, depending on make, model, and age
💡 Repairs, servicing, tires, etc.
Compare Against

Car Cost Examples

Based on typical Greek market assumptions: 10% annual depreciation, €650/year insurance, €1,200/year maintenance, €9/100km fuel cost

€25,000 car, 15,000km/year, 5 years

Net ownership cost (after resale value) approximately ~€30.000-35.000

€15,000 car vs 20-year-old car

Old car can save €10,000-15,000 over 5 years despite higher maintenance and fuel costs.

Low mileage driver (5,000km/year)

For low mileage, taxi or car rental may be more cost-effective. Cost per km can exceed €1.50.

High mileage driver (25,000km/year)

Car ownership becomes most economical at high mileage. Cost per km drops to €0.30-0.40.

Motorcycle alternative

A 125cc motorcycle (€3,500) can save 60-70% vs car over 5 years with €500/year total operating costs.

Loan vs cash payment

A €20,000 loan at 6.5% for 5 years adds ~€3,500 in interest costs. Consider opportunity cost of cash.

Results vary based on car model, driving habits, and actual maintenance costs. Use the calculator with your specific numbers for accurate estimates.