Total Cost of Ownership Calculator
Estimate lifetime ownership cost after recurring expenses and expected resale value.
Description
Estimate lifetime ownership cost after recurring expenses and expected resale value.
Total Cost of Ownership Calculator: Estimate lifetime ownership cost after recurring expenses and expected resale value.
When to use Total Cost of Ownership
Use this estimate to make the stated usage, rate, duration, and fixed-cost assumptions explicit before comparing alternatives or preparing a preliminary budget.
- Currency
- Required string input.
- Purchase price
- Required number input.
- Years owned
- Required number input.
- Annual operating cost
- Required number input.
- Annual maintenance
- Required number input.
- Annual insurance
- Required number input.
- Expected resale value
- Required number input.
How Total Cost of Ownership works
Estimate lifetime ownership cost after recurring expenses and expected resale value. The tool evaluates the supplied inputs together and returns the named outputs below; it does not infer omitted operating conditions or change the units shown.1
- Ownership cost
- The resulting ownership cost returned as an object.
Limitations and assumptions
- The result is conditional on the entered prices and consumption model. Taxes, tiers, discounts, minimum charges, demand fees, depreciation, financing, maintenance, downtime, inflation, exchange rates, and uncertain future usage may not be included.
- Use finite inputs in the displayed units and preserve more precision than the final presentation requires. Independently verify safety-critical, financial, compliance, or production decisions.
Alternative or Complementary approaches
Compare several realistic usage scenarios and confirm each tariff or quote with its billing unit and effective date. Use discounted cash-flow analysis when costs occur across materially different dates.
References
-
Total cost of ownership — Wikipedia contributors
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